Reports

GCCs played a significant role in this growth, contributing over 110,000 new tech jobs in FY24- 25 and ramping up demand for roles like data engineering, DevOps, and enterprise architecture

India's transition to sustainable mobility is gaining momentum, driven by consistent year-on-year growth in electric vehicle sales. As the infrastructure ecosystem matures, consumers are embracing EVs with increasing confidence, paving the way for a cleaner transportation future.

With sales growing across categories and regions, the shift to electric is well underway.

The uptick in sales project a burgeoning middle class with higher disposable income. But as always, global geopolitical conditions and supply chain dynamics will remain crucial watchpoints going forward.

While 80 per cent of MSMEs report having access to finance, the adequacy of this credit remains a sticking point. Approximately 40 per cent in both manufacturing and services say available funding falls short of their needs

While some manufacturers faced slight declines, others achieved notable growth, reflecting shifting consumer preferences and market dynamics in March 2025

The report further states that the strong domestic fundamentals, progressive regulatory reforms, and rising public market activity have helped India's position as Asia Pacific's second-largest VC destination while global funding remained flat.

The FICCI-RECEIC-HUL report forecasts that India's chemical sector will expand to $300 billion by 2030 and reach $1 trillion by 2040.

The two biggest areas of projected growth are the bio-medical and bio-industrial sectors, which are expected to reach $128 billion and $121 billion, respectively, by 2030.

India's compound annual trade volume growth rate is expected to rise from 5.2 per cent to 7.2 per cent, underscoring the nation's increasing significance in global commerce.

With more GenZs than the entire population of the United States, their spending power will be a defining factor in shaping India's economic trajectory

The trouble stems from an internal review that uncovered errors in how the bank accounted for hedging costs linked to past forex transactions.

As India continues to expand its role in the global economy, it presents an increasingly compelling case for investors seeking growth and diversification.

The report suggests that ongoing efforts to enhance digital and physical infrastructure will yield efficiency gains, reducing ICOR across all scenarios, though the decline is most pronounced in the high-reform scenario

As per the report, continued fiscal discipline will be crucial in rebuilding financial buffers, easing debt service, and ensuring macroeconomic stability.

The philanthropic endeavors of India's family businesses are not merely acts of charity but are strategic investments in the nation's future. Their focused and professional approach to giving is setting new benchmarks, ensuring that philanthropy in India is both impactful and sustainable.

India's digital payment ecosystem has seen unprecedented growth, with UPI transactions surpassing 16 billion in December 2024. Maha Kumbh reflected this trend as pilgrims increasingly adopted cashless payment methods.

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.

Foreign currency assets (FCA), which constitute the largest share of the reserves, recorded a sharp fall of $4.515 billion, bringing the total down to $539.591 billion

The Uttar Pradesh Micro, Small & Medium Enterprises Promotion Policy 2022 offers significant incentives to encourage MSME growth, particularly in backward regions. Capital subsidies range from 10 per cent to 25 per cent, capped at INR four crore per unit, with additional benefits for SC/ST and women entrepreneurs.

Adding to its portfolio, L&T's M&M vertical recently secured another high-profile contract—a project for an 8 million tonnes per annum (MTPA) pellet plant from a leading Indian steel producer.