Category: Indian economy
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US Tariffs: A Challenge to “Make in India” Momentum
The recent move by the United States to impose 50% tariffs on key imports has created turbulence for Indian exporters. Sectors such as apparel, jewelry, textiles, and seafood—all of which form critical pillars of India’s export basket—now face steep cost disadvantages in the American market. These industries collectively employ millions,…
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India–Peru FTA: A Strategic Boost for Tamil Nadu’s Industrial Sector
As India and Peru move closer to finalizing a Free Trade Agreement (FTA), attention is turning to how this partnership could reshape opportunities for Indian industry. The FTA, expected to cut tariffs and open markets in mining, agriculture, pharmaceuticals, and technology, holds particular promise for Tamil Nadu, one of India’s…
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Export Promotion Mission: A ₹25,000 Crore Push to Shield Indian Trade
India’s export sector is entering a critical phase as global markets are reshaped by protectionist measures, rising tariffs, and tightening supply chain dependencies. Recognising these headwinds, the Government of India has rolled out the Export Promotion Mission (EPM), a ₹25,000 crore package spanning 2025–31. This mission aims not only to…
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Infrastructure: The Backbone of India’s $5 Trillion Ambition
India’s aspiration to become a $5 trillion economy is more than a numerical target—it is a vision of transforming the country’s production, consumption, and connectivity patterns to match global benchmarks. At the recent ET World Leaders Forum, Road Transport Minister Nitin Gadkari reiterated a crucial truth: infrastructure development is not…
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India–China Trade Deficit: Why Recalibration Is Urgent
India’s economic engagement with China has long been defined by asymmetry, but the latest numbers show just how stark that imbalance has become. A recent study by the Indian Council for Research on International Economic Relations (ICRIER) highlights that India’s trade deficit with China has soared to $99.2 billion in…
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Finance Ministry’s 8% Growth Target: Ambition or Overreach?
India’s Finance Ministry has set an ambitious goal—achieving 8% annual economic growth for the next decade to secure its path toward developed-country status by 2047. At first glance, this target reflects confidence in India’s resilience and potential, but it also raises difficult questions about feasibility in the face of global…
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Apple’s Strategic Pivot: iPhone 17 Manufacturing Expands to India
Apple’s decision to assemble all four models of the upcoming iPhone 17 in India marks a historic shift in the global electronics supply chain. For the first time, the tech giant is set to roll out its flagship device entirely from Indian production lines, spanning five facilities, including Tata Group’s…
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Strategic Pivot: India and China Reconnect
Diplomatic realignment is visibly underway in Asia. As U.S.–India tensions rise, New Delhi appears to be recalibrating its external strategy by cautiously re-engaging with Beijing. Recent diplomatic visits, renewed discussions on easing border frictions, and signals of cooperation on select economic and regional issues indicate that India is exploring ways…
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India’s GST Puzzle: Why the 18% Slab Was Left Untouched
In a bold fiscal move, the Government of India is reshaping the Goods and Services Tax (GST) structure—reducing the 28% slab to 18% on some goods and services, and cutting the 12% slab to 5% for several essential commodities. While these measures aim to stimulate consumption and simplify compliance, one…