Category: Indian economy
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Manufacturing at a Crossroads: Reading India’s Mixed Industrial Signals
India’s manufacturing sector today stands at an inflection point, reflecting a familiar but important pattern in the country’s development journey. Industrial output growth has moderated, especially in consumer durables and export-oriented manufacturing, even as infrastructure-linked sectors such as steel, cement, and capital goods tied to public projects continue to show…
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External Sector at a Crossroads: When Goods Stall and Services Carry the Load
India’s external sector has entered a familiar but increasingly fragile phase. Merchandise exports remain under sustained pressure, reflecting not just cyclical weakness but deeper structural shifts in the global economy. Weak global demand, prolonged manufacturing slowdowns in advanced economies, and ongoing trade-policy uncertainty have combined to dampen orders for goods-intensive…
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India–Russia Trade Reset: Strategic Openings After Putin’s 2025 Visit
India’s renewed engagement with Russia following Vladimir Putin’s December 4–5, 2025 visit marks a decisive shift in New Delhi’s long-term foreign economic strategy. The new Economic Cooperation Programme till 2030 signals that the partnership is evolving beyond energy dependency into a structured, multi-sector commercial relationship with a clearly stated ambition:…
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India’s GDP Growth Story: Strong Numbers, Softer Foundations?A Critical Look Through the IMF Lens
India’s growth narrative today stands at an intriguing crossroads—powerfully expanding, yet increasingly questioned. The International Monetary Fund (IMF), in its October 2025 World Economic Outlook, reaffirmed India as the fastest-growing major economy, projecting 6.6% GDP growth for FY2025-26 and 6.2% for FY2026-27, despite intensifying US tariff pressures and global supply-chain…
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India’s Manufacturing Moment: From “Make in India” to “Invent in India”
India stands at an inflection point. The next two decades will determine whether the nation becomes one of the world’s leading manufacturing and innovation hubs—or remains a peripheral contributor to global supply chains. The ambition is clear: by 2047, when India completes 100 years of independence, manufacturing must evolve from…
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India’s Next Pharma Chapter: From Generics Giant to Innovation Powerhouse
For decades, India’s pharmaceutical identity has been shaped by one defining phrase: “The pharmacy of the world.” With over 60% of global vaccine supply and nearly 20% of generic medicines consumed worldwide manufactured in India, the narrative has been firmly established. But history shows that industrial reputation is rarely static.…
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India’s Textiles & Apparel Transition: Between Tariffs, Technology, and a Global Reset
India’s textiles and apparel industry stands at a defining crossroads — not because of a single disruption, but because of the convergence of tariffs, technology, and labour dynamics that are reshaping global competitiveness. The recent policy shifts, global protectionism, and emerging supply-chain restructurings have created a paradoxical moment: pressure and…
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India’s Widening Trade Deficit and Declining Rupee: A Turning Point for Economic Strategy
India is entering a decisive phase in its economic journey as the trade deficit surges to historic levels while the rupee continuously weakens against the US dollar. These twin developments are not isolated market fluctuations — they represent structural tensions in India’s external sector, shaped by deep historical legacies and…
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