India | Page 3

The report further reveals that the average monthly data consumption per user has risen to 27.5 gigabytes in 2024, reflecting a compound annual growth rate (CAGR) of 19.5 per cent over the past five years.

India is the world's fifth-largest economy by nominal GDP and is expected to become the third largest by 2030.

With an aim to solidify its presence in the India market, MediaTek has a plan of action for 2025

The Indian startup ecosystem is expected to grow steadily in 2025 with more favourable conditions, regulatory support and an ever-increasing appetite for digital adoption.

Renewables Drive the Next Phase of India's Digital Transformation.

Earth Observation, projected to contribute $8 billion by 2033, is already transforming agriculture, disaster management, and climate resilience.

Nilekani delivered a keynote addressing the 4 keys to unlock the USD 8 trillion economy for India in 2035, centering around technology, capital, entrepreneurship and formalisation.

By integrating feedback from top-tier gamers, iQOO aims to deliver devices that resonate with the gaming community's aspirations.

India's startup ecosystem is evolving beyond hypergrowth, embracing profitability, premiumization, and omnichannel adoption leveraged by over a 100 unicorns and a booming pipeline of soonicorns, according to Redseer, a strategy consulting company.

Volvo Car India unveiled the new XC90, a luxury flagship seven-seater SUV, priced at INR 1,02,89,900 (ex-showroom). The deliveries will begin in March.

Pranav Agarwal's story is more than an entrepreneurial success; it's a testament to the power of passion and perseverance. As SW Network continues to grow, Pranav's vision of creating an "India-first" global network is inspiring a new generation of dreamers and doers.

The newly deployed buses will feature zero-carbon emissions, minimal noise pollution, and cutting-edge technology, ensuring a seamless travel experience. Passengers can expect real-time tracking, sanitized cabins, onboard entertainment, and punctual departures, making travel more efficient and comfortable.

As part of the deal, KKR will purchase up to 54 per cent of HCG's equity from CVC Asia V at a price of INR 445 per share.

In the December quarter, Marico reported a 5.2 per cent increase in net profit, with consolidated revenue from operations rising by 15.35 per cent to INR 2,794 crore. Gupta attributed this performance to consistent quarterly volume growth, noting that the core Parachute brand experienced positive volume increases.

While manufacturing output also improved, the PMI report dipped slightly from 57.7 in January to 57.1 in February due to competitive pressures. However, the manufacturing index remained well above its long-run average of 54.1, indicating continued expansion.

The discussions culminated in the identification of five key strategies to enhance the economic partnership between India and Israel:

The global pharmaceutical industry is valued at approximately $1.6 trillion, while India's market stands at $55 billion, projected to grow to $120-130 billion by 2030.

SIDBI's MSME Outlook Survey offers valuable insights into the sector's evolving dynamics, reinforcing the crucial role of MSMEs in India's economic growth. With strong business confidence and an optimistic outlook, MSMEs are poised to paving the way for a more resilient and self-reliant economy.

At the beginning of the year, the PV market experienced a temporary boost driven by channel filling, following strong retail sales and reduced inventory levels in December. However, this momentum is unlikely to be sustained as rising discounts are expected to dampen market growth in the coming months.

With MSMEs contributing approximately 36 per cent to manufacturing output and 45 per cent to exports, the sector's role in achieving the vision of 'Viksit Bharat' is undeniable.

India's GDP growth is set to decline to 6.4 per cent in 2024-25, the slowest pace in four years. This marks a sharp drop from the 8.2 per cent growth recorded in FY24, when India remained the fastest-growing major economy. The economy expanded by 7.2 per cent in 2022-23 and 8.7 per cent in 2021-22.