Latest News on the Indian Economy

July 31, 2026

India's Organised Retail Leasing Grows 20% in H1 2026

India's organised retail leasing increased 20% year-on-year to 3.9 million sq. ft. in the first half of 2026, driven by strong demand from fashion and apparel retailers and supported by expanding Grade A retail infrastructure.

Union Minister Mr. Giriraj Singh to Inaugurate Centre of Excellence for Handloom Technology at IIT Delhi on 3rd August

The Government will establish the Centre of Excellence for Handloom Technology at IIT Delhi with an investment of US$ 1.28 million to promote innovation, digital technologies and sustainability across India's handloom sector. 

India rises from 82nd to 57th in global rankings, in structural and pro-competitive reforms: Report by Competere Foundation

India improved its position from 82nd to 57th in the global Market Distortions Performance Index between 2010 and 2023, reflecting sustained progress in structural reforms, competition policy and trade facilitation.

Government Adopts Multi-Pronged Roadmap to Build a Robust Semiconductor Talent Pipeline Across Design, Manufacturing and Advanced Packaging

The Government has adopted a comprehensive semiconductor talent development strategy, training over 100,000 engineers and 68,000 chip design professionals, while Semicon 2.0 with an outlay of US$ 13.56 billion will further strengthen India's semiconductor ecosystem.

India accelerates maritime expansion, targets over 700 MTPA additional port capacity by 2030

India is targeting over 700 MTPA of additional port capacity by 2030 through major infrastructure projects, increased mechanisation, digitalisation and expanded shipbuilding capacity to strengthen its maritime sector under the Viksit Bharat 2047 vision.

APEDA facilitates first-ever sea shipment of value-added flavoured makhana from Bihar to Canada

APEDA has facilitated the first-ever sea shipment of seven metric tonnes of value-added flavoured makhana from Bihar to Canada, boosting value-added agricultural exports and creating higher income opportunities for farmers through food processing and branding.

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