India’s GDP Growth Projected to Reach 6.7% in FY25 India’s economy is poised for a significant growth trajectory in FY25, with the projected GDP growth rate reaching 6.7%. This forecast, issued by various economic experts and agencies, highlights India’s resilience and steady economic recovery in the face of global challenges. Several factors, including strong domestic…
India’s Defence Exports Reach Rs 21,083 Crore in 2023-24 India’s defence exports have seen remarkable growth in recent years, reaching a significant milestone of Rs 21,083 crore in the financial year 2023-24. This achievement showcases India’s growing role as a global player in the defence sector. The surge in exports underscores the country’s strategic push…
Smartphones Become India’s Fourth Largest Export Item with 42% Growth Introduction India has achieved a significant milestone by making smartphones its fourth-largest export item, with an impressive 42% growth in the fiscal year 2023-24. This surge underscores the country’s evolving position in the global technology market. Significant Growth in Smartphone Exports In FY24, smartphone exports…
PLI and FTAs to Give Fillip to Manmade Fibre Textile Exports The Indian government’s recent initiatives focusing on the Production Linked Incentive (PLI) scheme and Free Trade Agreements (FTAs) have set the stage for a substantial boost in the export of manmade fibre textiles. This strategic move aims to fortify the nation’s position in the…
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