India | Page 4

The industrial sector faces a tempered outlook, with advance estimates projecting a reduced growth rate of 6.2 per cent for FY25, down from 9.5 per cent in FY24, due to base effects. However, signs of recovery are emerging.

CBRE South Asia Pvt Ltd, a real estate consulting firm has unveiled a report named 'Market Monitor Q4 2024 – Investments', highlighting that Singapore, USA, and Canada dominated the foreign equity investments in the Indian real estate market in CT 2024.

With the convergence of AI, cloud ecosystems, enhanced connectivity, and ethical data practices, 2025 represents a pivotal year for MSMEs in the digital sector. To remain competitive, MSMEs must embrace these technologies while fostering innovation and strategically aligning their operations with emerging trends.

Tide's user demographics reflect over 90 per cent of its members under 40. Among them, 52 per cent are Gen Z, while millennials account for 41 per cent.

As part of this partnership, Tata Elxsi will develop a virtual electronic control unit (ECU) platform using Snapdragon virtual system-on-chips (VSoCs)

The BUR outlines India's strategy to integrate advanced technologies in sectors such as solar and wind energy, bioenergy, electric vehicles, climate-resilient agriculture, and carbon capture.

The exponential growth in digital payments in India can be attributed to several factors, including government initiatives like the "Digital India" campaign, convenience and security features, and expanding digital infrastructure.

Bajaj Auto's platform, which integrates premium features while reducing production costs by 45 per cent, promises to further strengthen its margins. TVS, too, has enhanced its market presence, increasing its touchpoints to nearly 4,000 outlets alongside its 250 EV-specific stores.

While very dense forests increased by 3,465.12 sq km, moderately dense and open forests declined by 1,043.23 sq km and 2,480.11 sq km, respectively. Mangrove cover, vital for coastal ecosystems, experienced a slight decrease of 7.43 sq km.

ICRA estimates the GVA growth to improve to 6.6 per cent in Q3 FY2025 from 5.6 per cent seen in Q2 FY2025; the pace of GDP growth in the quarter will be contingent on the Government's subsidy pay-out and indirect tax inflows. Overall, we expect the GVA and GDP growth to print at 6.5 per cent each in FY2025

A deeper look into the composition of the reserves reveals that foreign currency assets (FCA)—a major component—fell by $3.047 billion during the week, standing at $562.576 billion.

With introductory prices starting at INR 39,999, Ola's EVs cater to diverse markets, from rural to urban.

India's EV market saw robust growth in 2023, with sales surpassing 1.5 million units; a 49 per cent increase compared to 2022. Notably, 95 per cent of these sales came from e2Ws and e3Ws, which play a pivotal role in India's transition to electric mobility.

By partnering with a curated selection of nearby restaurants, Dash ensures speed and reliability in every order, with plans to expand the service to other cities are already underway.

The report identifies 40 priority cities and 20 key highway stretches that could serve as the backbone of India's public EV charging infrastructure.

The 'FedEx One Stop Shop' integrates order management, booking, and track-and-trace functionalities, eliminating the need for businesses to juggle multiple freight forwarders.

The country currently has over 1,700 GCC enterprises employing over 2 million professionals and is at a pivotal point in their development in transforming into strategic hubs, according to a report titled 'Pioneering Innovation In Global Capability Centers' by Avasant.

India's GDP is poised to scale from USD 4 trillion to USD 8 trillion over the next decade and will offer a playground that is remarkable for both founders and venture capital (VC) firms, said Pranav Pai, Founding Partner and CIO at 3one4 Capital.

With a focus on innovation, clean energy, infrastructure, and rural empowerment, Nitin Gadkari's vision aligns with India's aspirations to become a global economic powerhouse.

Two years ago, the innovative white-label interactive TV and Video on Demand (VoD) solution, Platform24, entered international markets, securing contracts in Kazakhstan, Azerbaijan, Uzbekistan, and Kyrgyzstan.

OnePlus recently announced 'Project Starlight', a strategic initiative to solve consumer concerns over India-specific issues and to develop India-specific features for its phone users with an INR 2000 crore annual investment for three years.