Karnataka leads India with 20.6% of taxpayers earning between US$ 13,718 and US$ 57,160 annually, driven by Bengaluru’s Information Technology (IT), startup, and services sectors, making it the country’s “lakhpati hub.”

India’s BFSI sector is poised for robust growth, with hiring rising to 10% by 2030 and 2,50,000 jobs, driven by tier-II and tier-III cities and demand for digital, sales, and specialised finance roles.

India’s electronics exports surged 32.47% in FY25 to US$ 38.57 billion, driven by non-smartphone categories and rising semiconductor investments.

The Association of Mutual Funds in India (AMFI) and India Post will train one lakh postmen as mutual fund distributors, expanding financial inclusion and boosting rural and semi-urban participation in India’s rapidly growing mutual fund sector.

The Union Cabinet approved four new semiconductor projects worth US$ 524.93 million under the India Semiconductor Mission, boosting self-reliance, job creation, and advanced electronics manufacturing across multiple sectors.