India’s IIP rises marginally to 4.8% in July
Key sectors driving growth were manufacturing, up 4.6%, and electricity, which saw a 7.9% increase.
Key sectors driving growth were manufacturing, up 4.6%, and electricity, which saw a 7.9% increase.
India's GDP grew 8.4% in Q3 FY24, much higher than RBI's forecast of 6.5% for Q3 FY24
As per the survey, new orders across the domestic private sector rose for the 31st successive month.
India’s gross expenditure on R&D, as percentage of GDP, has hovered around 0.7% for about a decade.
Apex industry body underscores the pivotal role of India's manufacturing in economic growth, which contributes 15% to GDP and employs 12% of the workforce
Manufacturing sector continues to attract the largest share of FDI equity, both at market value as well as at face value, shows a RBI analysis
733 applications for PLI have been approved in 14 sectors, with an expected investment of ₹3.65 lakh crore
Among sectors, the software industry has received the maximum 23% of the total followed by the services sector
The three primary assets to capitalise on this opportunity are potential for significant domestic demand, govt’s drive to encourage manufacturing and young workforce.
Merger deals in the financial year 2021-22 hit the lowest level in 8 years.