India Inc confident of achieving $5 trillion economy, country to grow over 6.50 per cent in FY25: Survey
11 months, 2 weeks ago

India Inc confident of achieving $5 trillion economy, country to grow over 6.50 per cent in FY25: Survey

India TV News  

India Inc expresses confidence in achieving a USD 5 trillion economy with support from the central government in infrastructure investments, additional reforms, and enhanced technology adoption, according to a CXO survey by Deloitte Touche Tohmatsu India LLP. The survey indicates that about 50 per cent of India Inc is optimistic about the country posting above 6.5 per cent growth in FY25. Government initiatives, increased trade collaborations, lower logistics costs, policies to boost industrial production, changing consumer preferences, and strong demand in tier-2 and tier-3 cities contribute to this positive outlook. About 70 per cent of consumer and retail businesses urge government support to regulate AI use, emphasising strict adherence to ethical practices in data and methods.

India Growth Survey Pti Cent Grow India Inc Economy Country  trillion  support  grow  fy25  investments  survey  achieving  increased  initiatives  industry  importance  growth  confident  economy  country  cent  india

History of this topic

Role of capital markets for raising green and transition finance
4 days, 20 hours ago

Role of capital markets for raising green and transition finance

Hindustan Times  

The climate crisis is a global commons problem requiring concerted actions by all. While recognising this, the United Nations Framework Convention on Climate Change has also acknowledged the principle of ‘common but differentiated responsibilities and respective capabilities,’ which assigns greater responsibilities to developed countries in mitigating greenhouse gas emissions and reducing their carbon footprint. Green finance India is a vast …

Budget 2025 preview — Part 1: Fiscal deficit, FDI, disinvestment, energy issues
5 days, 17 hours ago

Budget 2025 preview — Part 1: Fiscal deficit, FDI, disinvestment, energy issues

Live Mint  

Foreign direct investment inflows into India—investments by foreign entities in domestic businesses—hold the potential to transform the economy. Fiscal deficit: Tax buoyancy holds the key to managing deficits India introduced the Fiscal Responsibility and Budget Management Act in 2003, targeting a fiscal deficit—the gap between government spending and revenue—of 3% of GDP. In 2022-23, the last year for which actual …

A sombre December manufacturing PMI curbs enthusiasm
Trending News
1 week ago

A sombre December manufacturing PMI curbs enthusiasm

Live Mint  

The pace of business activity in India’s manufacturing sector is slowing, dimming hopes for those rooting for a sharp rebound in gross domestic product growth. Read this | New consumption survey reveals the cracks in the economy Remember, pent-up urban consumption demand coupled with a surge in retail credit from banks were among the key factors that led to sharp …

India emerges as a global leader across key sectors in 2024
1 week, 2 days ago

India emerges as a global leader across key sectors in 2024

Live Mint  

New Delhi, December 31 : The year 2024 marked a pivotal year for India, showcasing its dominance in pharmaceuticals, biotechnology, defence, nuclear energy, space, infrastructure, and emerging technologies like quantum computing, AI, and blockchain. India's pharmaceutical exports soared from over USD 15 billion to USD 28 billion in the decade ending FY24, powered by initiatives like the Production Linked Incentive …

Indian economy to grow at 6.5-6.8 pc in FY25 on higher domestic consumption: Deloitte
1 week, 4 days ago

Indian economy to grow at 6.5-6.8 pc in FY25 on higher domestic consumption: Deloitte

Live Mint  

New Delhi, Dec 29 Indian economy is likely to grow at 6.5-6.8 per cent this fiscal and slightly higher between 6.7-7.3 per cent in FY2026, boosted by domestic consumption, Deloitte said on Sunday. Deloitte India Economist Rumki Majumdar said the growth in the first half of the fiscal year 2025 turned out to be slower than estimated as election uncertainties …

Top five stocks operating in multiple high-growth sectors
2 weeks, 2 days ago

Top five stocks operating in multiple high-growth sectors

Live Mint  

New-age sectors such as green hydrogen, electric mobility and digital infrastructure have quickly emerged as high-growth stories that investors cannot ignore. Now, it’s stepping into high-growth sectors like green hydrogen, semiconductors, and data centres, aligning itself with India’s evolving growth story. Siemens Ltd The Indian arm of Europe’s largest industrial manufacturing company, Siemens India, operates as an electric equipment manufacturer …

India's climate challenge and the rise of a new green economy
2 weeks, 2 days ago

India's climate challenge and the rise of a new green economy

Live Mint  

As the threats posed by climate change escalate, countries are having to navigate the challenge of balancing economic growth with environmental sustainability. While the challenges posed by climate change are daunting, they also present unique opportunities for India to lead the global transition to a green economy. By focusing on renewable energy, sustainable agriculture, urban resilience, and the integration of …

Indian manufacturing must adapt to constant flux in a dynamic world
3 weeks ago

Indian manufacturing must adapt to constant flux in a dynamic world

Live Mint  

The global economic landscape is becoming increasingly interlinked and dynamic. Despite multiple shifts, 2023 saw global merchandise exports worth over $24 trillion, an increase of 6% over 2019, demonstrating resilience in the face of disruptions. Focused reforms since then, including the production-linked incentive schemes and ‘Make in India’ initiative, combined with infrastructure development programmes, trade agreements and stronger participation in …

Renewable energy & data centres outpace traditional infrastructure sector in investment outlook: UBS Report
3 weeks, 2 days ago

Renewable energy & data centres outpace traditional infrastructure sector in investment outlook: UBS Report

Live Mint  

New Delhi, December 17 : Renewable energy and data centres are emerging as the strongest investment opportunities in the infrastructure sector, while traditional sectors such as utilities, transportation, and waste management rank lower in investor sentiments, according to a recent report by UBS. It stated that renewable energy and data centres are attracting strong investor interest as they benefit from …

Sectors to watch in 2025: Experts highlight manufacturing, healthcare, renewable energy, and more
4 weeks, 2 days ago

Sectors to watch in 2025: Experts highlight manufacturing, healthcare, renewable energy, and more

Live Mint  

Indian stock markets have delivered an impressive 13 percent year-to-date gain in 2024, with nearly all sectoral indices recording positive performance. As the calendar turns to 2025, market analysts are optimistic about further growth, identifying key sectors likely to benefit from global trends, supportive government policies, and technological advancements. Meanwhile, Anupam Roongta, Market Analyst at Share.Market said that supported by …

Strengthening India's clean energy supply chains
1 month ago

Strengthening India's clean energy supply chains

Hindustan Times  

This report provides an in-depth analysis of India’s potential as a global manufacturing hub for the clean energy sector while addressing challenges such as intense competition and market uncertainties. Indigenising clean energy manufacturing is strategically crucial for establishing the foundation for a future green economy and positioning India as a competitive global player. Moreover, by capitalising on a fragmenting global …

India’s Potential GDP Growth Pegged at 6.5–7 Percent: Chief Economic Advisor
1 month, 1 week ago

India’s Potential GDP Growth Pegged at 6.5–7 Percent: Chief Economic Advisor

Deccan Chronicle  

New Delhi: In line with the Economic Survey, India's chief economic advisor V Anantha Nageswaran on Monday said that the country's potential GDP growth is in the range of 6.5-7 percent and the country should be able to achieve it on the back of things that have already happened in the last 10 years whether it is in terms of …

Over 60 pc sustainability startups call for increased govt support to boost funding in segment: Survey
1 month, 1 week ago

Over 60 pc sustainability startups call for increased govt support to boost funding in segment: Survey

Live Mint  

New Delhi, Dec 2 Over 60 per cent Indian sustainability startups have demanded increased government support to fuel funding in the segment, according to a survey by Key Communications. The survey was conducted among 200 sustainable startups from six cities, including Delhi, Pune, Mumbai, Bengaluru, Ahmedabad, and Hyderabad, Key Communication said in a statement. According to the statement, startups from …

Does Siemens’ India growth outlook justify its rich valuation?
1 month, 1 week ago

Does Siemens’ India growth outlook justify its rich valuation?

Live Mint  

Shares of Siemens Ltd are up over 3% since it announced its results for the quarter ended September after market hours on Tuesday. Siemens is focussing on increasing its presence in the domestic renewable energy market and expanding its share in exports through integration with the global supply chain of its parent, Siemens AG. The demerger would help the Indian …

Private Industrial Capex to Touch Rs 6.7 Lakh Cr in FY28
1 month, 2 weeks ago

Private Industrial Capex to Touch Rs 6.7 Lakh Cr in FY28

Deccan Chronicle  

Chennai: Private industrial capex is expected to go up 52 per cent from Rs 4.4 lakh crore in FY24 to Rs 6.7 lakh crore in FY28 as India transitions to value-added manufacturing, increases capacity utilization in conventional sectors and attracts green energy investments. As India moves forward, while infrastructure capex is expected to continue to grow, private sector investments are …

India unveils $5 billion plan to strengthen domestic electronics component production
1 month, 2 weeks ago

India unveils $5 billion plan to strengthen domestic electronics component production

Live Mint  

India is set to roll out incentives worth up to $5 billion to local electronics firms to manufacture components for devices ranging from smartphones to laptops, according to government officials. However, the industry remains heavily dependent on imported components, particularly from China and Hong Kong, which account for over half of India's $89.8 billion electronics imports in the fiscal year …

India's Renewable Energy Capacity Hits New Milestone: Centre
1 month, 3 weeks ago

India's Renewable Energy Capacity Hits New Milestone: Centre

Deccan Chronicle  

New Delhi: India has reached a significant milestone in its renewable energy journey, with the country's total renewable energy capacity crossing the 200 GW. India's total renewable energy installed capacity surged by an impressive 24.2 GW in just one year, reaching 203.18 GW in October 2024, up from 178.98 GW in October 2023. India's total electricity generation capacity has reached …

A road map for India to grow at 10% rate over the next three decades
2 months ago

A road map for India to grow at 10% rate over the next three decades

Hindustan Times  

India needs robust growth to meet the aspirations of our people. A focus on labour intensive manufacturing and exports can improve our current account balance. Such growth rates will require strong fiscal health, a thriving manufacturing sector, liveable cities, skilled human capital, and be driven by private investment. Manufacturing Exports A focus on labour intensive manufacturing and exports can also …

Powering India’s future
5 months ago

Powering India’s future

The Hindu  

In her seventh consecutive Budget speech, the Finance Minister announced measures indicating India’s commitment to its clean energy transition. Despite past efforts to add renewable capacity, its share in India’s power generation mix is just 13%. Previous power supply shortages and expectations of rising energy demand have driven policymakers to bet on new coal capacity. Instead, we must strive to …

For industrial growth, green trade will matter
5 months, 1 week ago

For industrial growth, green trade will matter

Hindustan Times  

Finance minister Nirmala Sitharaman identified manufacturing and services, and energy security among her budget priorities. To capitalise on these priorities, India must heed developments in international trade and its growing — but increasingly complex — links with energy security, the climate crisis, and environmental regulation. India must prepare strategic responses for four kinds of trade barriers that will impact its …

Budget 2024: A blueprint for sustainable growth and employment
5 months, 2 weeks ago

Budget 2024: A blueprint for sustainable growth and employment

The Hindu  

I would like to congratulate the Finance Minister for laying a well-defined road map for Viksit Bharat 2047 while continuing the focus on the immediate requirement. The support for the manufacturing sector, a package for employment generation, and the skilling and upskilling for 4.1 crore youth across sectors, are some of the key highlights of this budget. This, coupled with …

Economic Survey 2023-24: Balancing growth and green goals a tightrope walk for India
5 months, 2 weeks ago

Economic Survey 2023-24: Balancing growth and green goals a tightrope walk for India

The Hindu  

India's path to sustainable development is fraught with challenges, as the country grapples with the twin imperatives of meeting burgeoning energy demands and reducing carbon emissions, the Economic Survey 2023-24 revealed on July 22. Tabled in the Parliament, the Survey underscores the complexities of India's green transition, emphasizing the need for a diversified energy portfolio to achieve ambitious growth targets …

Productive jobs, skill gap, green transition, China conundrum among focus areas that find mention in the Economic Survey 2023-24
5 months, 2 weeks ago

Productive jobs, skill gap, green transition, China conundrum among focus areas that find mention in the Economic Survey 2023-24

Op India  

The Economic Survey for 2023-24 tabled in the Parliament on Monday has identified six key policy focus areas for the government to achieve sustained economic growth. Those six areas where the government would focus are generating productive employment; skill gap, tapping the full potential of the agriculture sector, easing the compliance requirements and financing bottlenecks confronting MSMEs, managing India’s green …

Economic Survey calls for tripartite agreement to make India developed by 2047
5 months, 2 weeks ago

Economic Survey calls for tripartite agreement to make India developed by 2047

Hindustan Times  

The government presented the Economic Survey for 2023-24 in the parliament today, estimating that India’s real GDP could grow between 6.5% and 7% in 2024-25. {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} Redefining the responsibilities of the government, capital and citizens… {{^usCountry}} {{/usCountry}} “The tripartite compact that this country needs to become a developed nation amidst emerging unprecedented global challenges is for governments …

India needs to reduce dependence on China on THESE issues: Economic Survey
5 months, 2 weeks ago

India needs to reduce dependence on China on THESE issues: Economic Survey

India TV News  

New Delhi: India needs to recognise and address challenges posed by its dependence on China for critical minerals and examine the implications of phasing down coal on bank balance sheets as it accelerates its green transition, the government's Economic Survey 2023-24 tabled in Parliament on Monday said. As part of its national plan to contribute to meeting the global goal …

What Will India's Energy Sector Get From Budget 2024? Check Top Expectations
5 months, 4 weeks ago

What Will India's Energy Sector Get From Budget 2024? Check Top Expectations

News 18  

Union Budget 2024: The energy sector in India has a range of expectations from the Budget 2024. Reducing the GST to 5% would make Auto LPG more competitively priced, fostering greater adoption and supporting the auto industry’s shift towards greener technologies,” Gupta highlighted. “We urge the Finance Ministry to consider our appeal for a GST reduction on the fuel, kits …

Critical minerals needed for India’s energy transition
6 months, 1 week ago

Critical minerals needed for India’s energy transition

Hindustan Times  

The Paris Agreement, adopted by 196 countries at the 21st Conference of Parties in 2015, provided a significant boost to the clean energy transition process, including solar and wind energy and battery storage, resulting in unprecedented global growth in the demand for critical minerals required as inputs to manufacture the requisite equipment. Another imminent concern is ensuring resilient access to …

IMF says India's GDP growth to moderate to 7% in 2024 and 6.5% in 2025
6 months, 2 weeks ago

IMF says India's GDP growth to moderate to 7% in 2024 and 6.5% in 2025

Times of India  

NEW DELHI: The International Monetary Fund has forecast that India's GDP is likely to grow to moderate from 8.2% in 2023 to 7% in 2024 and 6.5% in 2025. "In India, the outlook is for GDP growth to moderate from 8.2% in 2023 to 7% in 2024 and 6.5% in 2025, because pent-up demand accumulated during the pandemic has been …

India to Add 4 Million Green Jobs by Next Fiscal
10 months, 2 weeks ago

India to Add 4 Million Green Jobs by Next Fiscal

Deccan Chronicle  

Chennai: Green industry in India provides 18.5 million jobs and is expected to add 4 million more by FY25.“ In India, green industry employs 18.5 million individuals, and there is an anticipation that we would be growing and adding around 4 million more jobs by FY25,” said Nidhi Pant, a 2023 winner of the UK’s Earthshot Prize and co-founder of …

India’s clean energy boom slows as new solar projects get delayed. Experts say it can pick back up
11 months ago

India’s clean energy boom slows as new solar projects get delayed. Experts say it can pick back up

Associated Press  

BENGALURU, India — For years, renewable projects in India have been growing steadily, from small-town rooftop solar installations to large-scale projects across the desert and long stretches of wind turbines and solar panels on farmland all contributing to the country’s climate goal of transitioning to clean energy. It takes up to two years for solar projects to come online after …

Large part of ₹11 trillion capex for FY25 to flow into energy sector: PM Modi
11 months ago

Large part of ₹11 trillion capex for FY25 to flow into energy sector: PM Modi

Live Mint  

Goa: The Centre will allocate a substantial part of the budgeted capital expenditure for fiscal year 2024-25 to the energy sector, as the country strives to meet rapidly growing demand and achieve climate goals, Prime Minister Narendra Modi said on Tuesday. India's energy demand is projected to double by 2045, placing the country at the helm of shaping global energy …

India to see investment of $67 billion in next five to six years in energy sector: PM Modi
11 months ago

India to see investment of $67 billion in next five to six years in energy sector: PM Modi

The Hindu  

Prime Minister Narendra Modi on Tuesday said India was working on the development of environmentally friendly energy sources to enhance its energy mix. Mr. Modi said as India was poised to be 3rd largest economy in the world, the energy sector would play a crucial role in India’s growth story. On India’s seriousness to facilitate the transition he said, “despite …

India Inc Confident Of Achieving $5 Trillion Economy: Deloitte Pre-Budget Survey
11 months, 2 weeks ago

India Inc Confident Of Achieving $5 Trillion Economy: Deloitte Pre-Budget Survey

ABP News  

India Inc is confident of achieving $5 trillion economy with the central government's support in infrastructure investments, additional reforms, and enhanced technology adoption, according to a CXO survey by Deloitte Touche Tohmatsu India LLP. Stating that business leaders anticipate strong economic growth for the next fiscal year, Deloitte in a statement said about 50 per cent of India Inc reflects …

Modinomics And Rising India
1 year ago

Modinomics And Rising India

News 18  

The International Monetary Fund recently called India a star performer, with India projected to contribute 16 per cent to global growth. The October 2023 IIP data also showed that the output of primary goods logged an 11.4 per cent growth compared to 2.1 per cent in the year-ago period. Speaking of India’s GDP, real GDP or GDP at constant prices …

COP28: India’s urban population is exploding. That could have huge consequences for the planet
1 year, 1 month ago

COP28: India’s urban population is exploding. That could have huge consequences for the planet

CNN  

New Delhi CNN — Over half a century ago, India’s then Prime Minister Indira Gandhi talked about the staggering challenge for developing nations: to industrialize without harming the environment. Addressing the opening session of the COP28 climate talks in Dubai on Friday, India’s current prime minister, Narendra Modi, said all developing countries must be given “a fair share in the …

DC Edit | India can still be part of climate deal
1 year, 1 month ago

DC Edit | India can still be part of climate deal

Deccan Chronicle  

It is surprising that India was not among the 118 nations that signed the Global Renewables and Energy Efficiency Pledge at the climate summit in Dubai to triple the installed renewable energy capacity by the turn of the decade. As Prime Minister Narendra Modi pointed out in his address to the summit during his flying visit, India may be the …

India will see solar revolution by 2030, says IEA
1 year, 2 months ago

India will see solar revolution by 2030, says IEA

Firstpost  

India has set a target of achieving 500 GW of installed capacity from non-fossil fuels, including around 270 GW of solar capacity, by 2030 According to the International Energy Agency, solar energy will generate 18% of India’s electricity by 2030, up from its current 6% share. According to the IEA’s latest World Energy Outlook 2023, which was released on Tuesday, …

Govt recognised specialty chemicals major cuts debt as sector grows by leaps and bounds
1 year, 4 months ago

Govt recognised specialty chemicals major cuts debt as sector grows by leaps and bounds

India TV News  

The Indian chemical industry is poised for growth and has the potential to become a USD1 trillion market by 2040, with a CAGR of 8–10 per cent over 2021–2040. Looking to tap one of the fastest-growing sectors of the Indian economy, Vikas Ecotech, a leading provider of high-end specialty chemicals, has announced to cut its debt further by another Rs …

India succeeds in reducing emissions rate by 33% over 14 years: sources
1 year, 5 months ago

India succeeds in reducing emissions rate by 33% over 14 years: sources

The Hindu  

India's greenhouse emissions rate dropped by a faster-than-expected 33% in 14 years as renewable energy generation rose and forest cover increased, according to two officials privy to latest assessment made for submission to the United Nations. India's rate of emissions intensity - the total amount of greenhouse gas emissions emitted for every unit increase of gross domestic product - fell …

India succeeds in reducing greenhouse emissions rate by 33% over 14 years: Report
1 year, 5 months ago

India succeeds in reducing greenhouse emissions rate by 33% over 14 years: Report

Hindustan Times  

India's greenhouse emissions rate dropped by a faster-than-expected 33% in 14 years as renewable energy generation rose and forest cover increased, according to two officials privy to latest assessment made for submission to the United Nations. The report's findings showed India well on the way to meeting a commitment to the United Nations Convention on Climate Change, to reduce emissions …

India Today Roundtable discusses India's efforts to reduce carbon footprint
1 year, 5 months ago

India Today Roundtable discusses India's efforts to reduce carbon footprint

India Today  

The India Today Roundtable discussed India's efforts to reduce its carbon footprint and meet its commitments to cut carbon emissions by 2030. They highlighted that while India's per capita emissions are low, the country is the third largest emitter of carbon dioxide after China and the US. India has made several major commitments to address this issue, including increasing renewable …

Dearth of green talent puts India Inc in a bind
1 year, 6 months ago

Dearth of green talent puts India Inc in a bind

Live Mint  

A senior supply-chain executive, who works for the retail arm of one of India’s oldest conglomerates, is now spending her non-working hours studying how global retail chains are reducing their carbon footprint. “The supply of adequately trained manpower falls short of the demand, creating a bottleneck for Indian renewable energy companies.This talent crunch underscores the critical importance of investing in …

Technology to contribute 20-25% of Indian GDP by 2025-26: IT Minister Chandrasekhar
1 year, 6 months ago

Technology to contribute 20-25% of Indian GDP by 2025-26: IT Minister Chandrasekhar

The Hindu  

The Indian Government has set a goal of making technology 20-25% of the country’s GDP by 2025, India’s IT Minister Rajeev Chandrasekhar has told Indian American entrepreneurs and asked them to be part of this story of India. “Over the last nine years, the digital economy has expanded, diversified and currently there isn’t a slice or space in the tech …

How is the EV industry driving India towards a sustainable future?
1 year, 6 months ago

How is the EV industry driving India towards a sustainable future?

Deccan Chronicle  

Changing climatic conditions are profoundly impacting the consciousness of humanity. EVs in India have emerged as a successful alternative to traditional ICE vehicles that emit harmful emissions into the environment. Particularly when compared to ICE vehicles and exhaust systems, electric motors are relatively quieter and, as a result, generate less noise pollution. EVs as promoters of green growth India is …

India is making its mark in the world
1 year, 7 months ago

India is making its mark in the world

Hindustan Times  

India is in a rare moment of equilibrium. India’s economy is no longer at the receiving end of the global order but is in the fray of the world’s most powerful future economies, with an unmatched growth rate. The International Monetary Fund says India and China will account for 50% of the total world gross domestic product growth in 2023, …

Business Matters | Why is the rising cost of coal-fired power plants good news for India?
1 year, 7 months ago

Business Matters | Why is the rising cost of coal-fired power plants good news for India?

The Hindu  

Why is the rising cost of coal-fired power plants good news for India? It said that achieving net zero – which India aims to reach by 2070 – will require adjustments to how people live, work, and move around—and some of these changes will be costly. First, India expects to increase investments in coal-fired power plants to help power economic …

DC Edit | Green energy is way ahead for India, Germany, world
1 year, 10 months ago

DC Edit | Green energy is way ahead for India, Germany, world

Deccan Chronicle  

Aside from areas such as defence and trade, Prime Minister Narendra Modi and German Chancellor Olaf Scholz on Saturday agreed to strengthen the cooperation between the two nations on one of the most urgent topics of the day — green energy. increase renewables capacity to 500 GW from the present 157 GW which will meet 50 per cent of its …

India will play an important role in green energy: PM Modi
1 year, 10 months ago

India will play an important role in green energy: PM Modi

Deccan Chronicle  

NEW DELHI: Inviting global investment in the green energy sector, Prime Minister Narendra Modi on Thursday said that India's potential in solar, wind and biogas is no less than a goldmine or an oil field. The Prime Minister informed the audience that India achieved the target of 40 per cent contributions from non-fossil fuels in the installed electricity capacity nine …

Modi underlines opportunities from renewable energy sources
1 year, 10 months ago

Modi underlines opportunities from renewable energy sources

The Hindu  

Prime Minister Narendra Modi said on Thursday that the potential of solar, wind and biogas in India is no less than any gold mine or oil field for our private sector. Addressing a webinar, Mr. Modi said that India’s future development would be based on three pillars for green growth and energy transmission. Referring to the global efforts for diversification …

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