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Business News

Auto Industry has Grown From INR 7 Lakh Crore to INR 22 Lakh Crore, Ranking Third Globally: Gadkari

Gadkari proposed agro-processing industries and biofuel projects to create employment and increase per capita income in rural areas

By Aditya Pran Mahanta

Business News

JSW Group Charges Ambitions with New EV Brand Launch in India

By Entrepreneur Staff

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India Poised to Become World’s Third-Largest Economy, Says Minister Piyush Goyal

By Entrepreneur Staff

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India’s Quick Commerce Startups Poised to Go Global, Says Finance Minister Sitharaman

By Entrepreneur Staff

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How Cloud Technology will Transform the Banking Industry

The Indian cloud services market, valued at USD 8.3 billion in 2023 and projected to grow to USD 24.2 billion by 2028, is currently dominated by international providers. With this initiative, the RBI seeks to boost domestic players and enhance India's digital sovereignty.

By Aditya Pran Mahanta

Business News

GCCs to Propel the Nation in R&D And Innovations: Kharge

In light of the fresh GCC policy unveiled by Karnataka's Chief Minister Siddaramaih, Kharge said that the state intends to attract as many as 500 new GCCs in the next 4-5 years with USD 50 billion dollars in investment.

By Prince Kariappa

Business News

Spirit of Entrepreneurs: The Past and The Prospect

Entrepreneurship is a force that drives economic growth, spurs innovation, and inspires social transformation.

By Aditya Pran Mahanta

Business News

Nokia and Vodafone Idea Drive 4G Expansion to Elevate Connectivity and Data Capacity Across India

Nokia has undertaken substantial upgrades across over 42,000 technology sites and expanded spectrum on more than 25,000 sites.

By Entrepreneur Staff

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India’s Foreign Direct Investment Landscape in Trump 2.0 Era

During Trump's first term, India lost its Generalized System of Preferences (GSP) status, which had previously enabled tariff-free exports of certain goods to the U.S. Without GSP, sectors like pharmaceuticals, textiles, and engineering—key components of India's export portfolio—could face challenges if new tariffs or restrictions are imposed.

By Entrepreneur Staff

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MSMEs and Traditional Business Methods Vital to the Indian Economy: Experts

India's Micro, Small, and Medium Enterprises (MSMEs) have been fundamental to the country's economy, embodying traditional business practices that contrast sharply with the current startup model focused on fundraising and valuations, experts said at Proficorn 2024, an event focused on celebrating the contributions of MSMEs in India.

By Prince Kariappa

Business News

Finance Ministry’s New Policies to Boost MSME Funding Access by Up to INR 100 Crore

The Reserve Bank of India (RBI) recently reported a 13.3 per cent year-on-year increase in lending to micro and small enterprises, with medium-sized enterprises witnessing a 17.2 per cent growth.

By Entrepreneur Staff

Business News

India’s Economic Vision: From $3.5 Trillion to $35 Trillion by 2047, Says Commerce Minister Piyush Goyal

Former Minister Suresh Prabhu added that under Modi's leadership, India is now recognized as a low-risk environment for international investment, enhancing its appeal in global markets

By Entrepreneur Staff

Business News

India’s Festive Season Sale Wraps Up with 14% Volume Growth, Driven by Emerging Categories and Tier III Towns

A noteworthy trend this year was the performance of Tier III towns, which surpassed Tier II cities with a market share of 36.4 per cent in order volumes, compared to 23.5 per cent for the latter.

By Entrepreneur Staff

Business News

October Insights: India’s Service Sector Grows 13% in Employment and 58% in Output

The HSBC India Services Business Activity Index rose from 57.7 in September to 58.5 in October, signaling a sharp acceleration in growth well above the long-term average of 54.1

By Entrepreneur Staff

Business News

How India’s MSMEs are Driving Towards a Sustainable Future

The Green Climate Fund (GCF) recently approved $215.6 million to bolster climate action within India's MSME sector.

By Aditya Pran Mahanta

Business News

What Trump’s Win Means for India

As Donald Trump is elected as the 47th President of the United States, India-Us trade ties, H-1B visas and military alliances are key areas to look into

By Entrepreneur Staff

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Indian Cigarette Manufacturers Set for 9-10% Revenue Growth: CRISIL Report

India is the second-largest tobacco producer, with leaf tobacco exports expected to rise from an average of 2.4 lakh tonnes over the past three years to 2.8-2.9 lakh tonnes this fiscal.

By Entrepreneur Staff

Business News

How Gen-Zs and e-Commerce are Transforming Consumer Behavior in India’s Festive Shopping

India's festive shopping culture is not only alive but thriving in this new digital age, blending tradition with modern consumer preferences and setting new benchmarks for what's possible in the e-commerce landscape.

By Aditya Pran Mahanta

Business News

India Inc Faces Sluggish Revenue Growth in Q2 Amid Construction Slowdown and Commodity Weakness: CRISIL Report

Revenues in agriculture, particularly fertilizers, fell significantly by 20-22 per cent year-on-year (YoY), as raw material prices declined.

By Entrepreneur Staff

Business News

Festive Fervor: Tech, Beauty & Home Decor Steal the Season

From the beauty sector's tailored offerings to home decor essentials and tech accessories, the season highlights the adaptability and innovation of brands meeting consumer demand.

By Aditya Pran Mahanta

Business News

How India’s Labour Force is Powering The Economic Growth

India's labour force is driving the country's economic growth, with significant contributions from various sectors. As India aims to become a $5 trillion economy by 2027-2028, its labour market's resilience, diversification, and growing formal employment opportunities are poised to play a pivotal role.

By Entrepreneur Staff

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Jaguar Land Rover Bolsters Global Innovation Network with New Hub in India

JLR's India Hub will work closely with a range of startups, concentrating on some of the most impactful emerging technologies in the automotive sector.

By Entrepreneur Staff

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India’s Journey to a $30 Trillion Economy by 2047

S&P predicts that emerging markets will average 4.06 per cent GDP growth through 2035, compared to just 1.59 per cent for advanced economies.

By Entrepreneur Staff

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India’s Path to Development: Unlocking Capital Through a $559 Billion Corporate Bond Market

India, already the fastest-growing major economy, is setting ambitious goals to become a developed nation, but achieving this vision hinges on expanding access to capital.

By Entrepreneur Staff

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Indian Festive e-Commerce to Hit $12 Billion in 2024: Report

Shiprocket reports India's e-Commerce export market, which is currently valued at around $3-4 billion, to expand exponentially, with projections reaching $200-300 billion by 2030

By Entrepreneur Staff

Business News

How Digital Payments Are Transforming the Indian Festive Season Shopping

The festive season sales have reflected an extraordinary rise in consumer spending, with early estimates suggesting that sales from September 26th to 28th alone crossed INR 26,500 crore

By Aditya Pran Mahanta

Business News

Amul’s Global Expansion Carries Into Europe Following Success in the US

Mehta emphasized that dairy isn't just a business but a lifeline for rural India; highlighting how Amul's cooperative model has improved the lives of millions of farmers across the country

By Entrepreneur Staff

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Hyundai Targets Multibillion Dollar Valuation: Set To Be the Biggest IPO in India

Hyundai's IPO specifics such as size, valuation, and other particulars are under discussion and are subject to change, with the listing expected to take place on October 22.

By Entrepreneur Staff

Business News

India’s Innovation Landscape Set for Growth, Says Finance Minister

GCCs, primarily driven by multinational corporations, have seen rapid growth in India, with nearly 56 per cent of their revenue now coming from research and development (R&D) services.

By Entrepreneur Staff

Business News

India’s Current Account Deficit Marginally Widens to $9.7 Billion in April-June 2024: RBI Report

The RBI attributed the year-on-year (YoY) rise in the CAD to an increase in the merchandise trade gap, which swelled to $65.1 billion in Q1 FY25 compared to $56.7 billion in the corresponding period a year ago.

By Entrepreneur Staff