Category: Indian economy
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Manufacturing & Industrial Expansion: India’s New Growth Story
India is rapidly carving a place for itself as a global hub of manufacturing and industrial expansion. Recent announcements in agriculture machinery, textiles, and electronics reveal a striking pattern: multinational corporations and state governments alike are betting on India not only as a consumption market but also as a production…
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Beyond Endurance: Why India Must Fast-Track Reforms Amid Global Trade Shocks
India’s recent economic performance—marked by a strong 7.8% GDP growth last quarter—has shown resilience in the face of global headwinds. Yet, as international trade pressures mount, particularly with the United States imposing steep tariffs, endurance alone will not be enough. To sustain momentum, India must move decisively on structural reforms,…
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US Tariffs Send Shockwaves Across Indian Export Industries
The announcement of a 50% tariff by the United States on key Indian exports—including apparel, footwear, jewelry, shrimp, and textiles—has sent tremors across India’s manufacturing and export hubs. For thousands of workers and entrepreneurs in Tirupur, Chennai, Bengaluru, and Agra, the move is more than a policy change; it is…
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India’s Supply Chain: Cosmetic Rebranding or Real Economic Power?
India’s much-touted rise in the global supply chain looks impressive on the surface, but beneath the headline optimism lies a tangled reality that deserves deeper scrutiny. Celebrated as the “China Plus One” alternative, India is being billed as the new darling for multinationals thanks to its cost competitiveness and vast labour…
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Indian Solar Manufacturing Accelerates Amid Global Shifts
India’s solar manufacturing sector is experiencing a dramatic surge, marking FY 2024-25 as a turning point for clean energy. The country’s domestic manufacturing capacity for solar modules has more than doubled, while capacity for solar cells has tripled. This transformation is not just a story of growth—it reflects how strategic…
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GST 2.0: A Festival Season Reform With Global Ripples
The Indian economy has entered a new phase with the rollout of GST 2.0—a reform that simplifies the tax structure and aims to stimulate consumption at precisely the right moment: the onset of the festival season. Festivals in India have historically been linked with spikes in demand, particularly in retail,…
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India’s Services Sector Surges to a 15-Year High: What It Means for the Economy
India’s services sector has reached a milestone—hitting its highest level of activity in the last 15 years. According to a recent survey, robust new orders, strong export performance, and rising business confidence are fueling this growth momentum. For an economy like India, where services account for more than 50% of…
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India’s GST Reset: Can Simplification Fuel the Next Phase of Growth?
In September 2025, India unveiled one of the most significant reforms to the Goods and Services Tax (GST) since its launch in 2017. The GST Council’s decision to rationalize tax slabs, cut rates on essential items, and streamline compliance has been hailed as a “reset moment” for India’s tax architecture.…
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Pharma Exports and Trade Diversification: India’s Strategic Pivot Beyond the U.S.
India’s pharmaceutical sector has long enjoyed a dominant export relationship with the United States, its largest and most lucrative market. In FY2025 alone, Indian pharma exports to the U.S. crossed $10.5 billion, cementing America’s role as the cornerstone of India’s global pharma trade. However, persistent concerns about tariff escalations and…
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DMIC Expansion: Nashik and Nagpur Poised for Industrial Growth
The Delhi–Mumbai Industrial Corridor (DMIC), one of India’s most ambitious infrastructure projects, is entering a decisive phase. The Maharashtra government has begun fresh surveys to include Nashik and Nagpur in Phase II of the corridor. If approved, this expansion could significantly alter the state’s industrial map by strengthening manufacturing, food…
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