India | Page 5

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

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

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.

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.

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.

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

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.

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

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

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

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.

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.

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

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.

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.

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.

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.

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.

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

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

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