The smartphone PLI scheme has generated US$ 13.03 billion (Rs. 1,10,000 crore) in revenue for India, producing US$ 148.71 billion (Rs. 12,55,000 crore) worth of goods and boosting GST revenues by US$ ...
Executive Director of the India-Brazil Chamber of Commerce, Mr. Leonardo Ananda Gomes, highlighted the growing bilateral trade, exceeding US$ 15 billion, and praised the strong relationship between ...
India's Global Capability Centres are poised to become a US$ 100 billion industry by 2030, expanding into strategic hubs with advanced AI integration, employing 2.5 million professionals, and driving ...
India's domestic air travel hit a historic peak with over 505,000 passengers on 3,173 flights in a single day, driven by post-Diwali travel, weddings, and festivities, despite airline fleet expansion ...
The Indian mutual fund industry showed resilience in October 2024, with US$ 5.92 billion (Rs. 49,800 crore) in net equity inflows and record SIP inflows of US$ 3.01 billion (Rs. 25,320 crore) despite ...
India's e-commerce sector achieved a 12% YoY growth during the 2024 festive season, reaching a GMV of US$ 14 billion, driven by increased spending and strong demand for premium electronics and ...
India's smartphone exports surpassed US$ 2 billion in October 2024, driven by Apple, highlighting the country's rising global manufacturing prominence.
Global footwear brands are investing in Tamil Nadu as a manufacturing hub, boosting job creation and local supply chains.
India’s central bank, the Reserve Bank of India (RBI), is set to launch a pilot programme in 2025, offering affordable local cloud data storage to financial institutions. This initiative will see the ...
India ranks sixth globally in patent filings, with a 15.7% growth in applications and a 36.4% rise in industrial design filings, showcasing rapid progress in its intellectual property ecosystem.
India led the global IPO market in Q3 2024 with a 36% share, raising US$ 4.27 billion, a 142% increase driven by major listings like Bajaj Housing Finance, Ola Electric, and First Cry.
Retail investors' equity market share in India has risen to 23.4%, with Morgan Stanley forecasting continued growth driven by demographics, policy, and education despite expected moderation in market ...