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India climbs global manufacturing rankings amid China+1 shift: ASSOCHAM
India's manufacturing growth has surpassed the global average, positioning it as an emerging leader. This rise is fueled by domestic demand and government initiatives like PLI schemes. Global companies are seeking diversification and resilience in their sup…
$200 billion export opportunity for India to BRICS by 2030: ASSOCHAM
India's exports to BRICS nations are projected to surge to USD 200 billion by 2030. This ambitious target represents a significant increase from the USD 96 billion recorded last fiscal year. Key sectors like electronics, minerals, chemicals, and textiles are …
India in better position to manage retail inflation, RBI must hold rates: ASSOCHAM
India is well-positioned to handle retail inflation, according to ASSOCHAM. The industry lobby recommends the Reserve Bank of India maintain the current repo rate. Support measures for export-oriented and energy-intensive MSMEs are also advised. India's infla…
Challenging times for Indian auto even as long-term demand trends hold: Assocham's Nirmal Minda
India's automotive industry is facing the dual challenge of escalating costs and uncertainties in global trade. Yet, the future looks good with robust long-term demand and a significant pivot towards electric vehicles, says Assocham president Nirmal Minda.