Economy

News on Indian Economy

APEDA Facilitates First Commercial Sea Shipment of Premium Banganapalle Mangoes from India to Singapore

The consignment, comprising 5 metric tonnes (MT) of Banganapalle mangoes, was exported by M/s Osum Food Solutions LLP on 11 June 2026 and arrived in Singapore on 24 June 2026. The successful shipment marks an important milestone in promoting cost-effective and sustainable export logistics for India’s horticultural produce while expanding market access for premium Indian mangoes.

India–Latin America Trade Set to Double to US$ 100 Billion by 2030

The outlook was highlighted by Uruguay’s Ambassador to India and Coordinator of the Latin American and Caribbean Group, Alberto Antonio Guani Amarilla, during the LAC FIRST: India-Latin America & Caribbean Business & Diplomatic Conference. He said Latin America will continue to be an important partner in India’s journey towards becoming a developed economy, with both regions having strong potential to deepen cooperation across productive sectors.

India’s New-Age Consumer Brands Race Ahead as Digital Commerce Reshapes FMCG Growth

According to a Bain & Company and DSG Consumer Partners report, India’s emerging consumer brand ecosystem generated nearly Rs. 71,033 crore, or about US$ 7.5 billion, in revenue in FY25. Five years earlier, this figure stood at around Rs. 18,942 crore, or about US$ 2 billion. This sharp rise reflects how quickly digital-first and innovation-led brands have moved from niche players to serious competitors in several consumer categories.

Indian Railways to Bring New Wagon Design Policy to Boost Freight Movement

The reform follows the government’s broader push to increase the share of railways in national freight movement. Rail transport is more energy-efficient and environment-friendly compared to road transport. With Indian Railways moving close to full electrification, a greater shift of freight from road to rail is expected to reduce diesel consumption, lower emissions and support the country’s green logistics goals.

Centre Notifies New Telecom Rules, Ushering in Authorisation-Based Digital Framework

Among the key notifications is the Telecommunications (Authorisation for Provision of Main Telecommunication Services) Rules, 2025. These rules create a new framework under which telecom entities can apply for authorisation to provide services as a network service operator, a virtual network operator, or both. Existing Unified Licence, UASL, ISP, NLD and ILD licensees will also be able to migrate to the new system.

Amazon’s $48 Billion India Bet Signals a New Phase in the Country’s Digital Economy

Amazon’s latest announcement adds a fresh $13 billion commitment to expand AI and cloud infrastructure in India. This builds on its earlier $35 billion investment plan and takes the company’s planned investment in the country to $48 billion by 2030. With this, Amazon’s cumulative India investment footprint from 2010 to 2030 is expected to cross $88 billion, making the company one of the most significant long-term global investors in the Indian market.

ICAR and APEDA Sea Protocol Cuts Mango Export Cost

The protocol developed by ICAR-CISH integrates an end-to-end quality assurance system covering residue-free production, Good Agricultural Practices (GAP), scientific harvesting, grading, packing, and post-harvest management. The exported fruits underwent Hot Water Treatment (HWT) and CISH-Met Wash, an ICAR-CISH-developed technology that enhances shelf life, minimizes disease incidence, and maintains fruit quality during long-distance transportation.

India’s Net FDI Inflows Nearly Quadruple to US$ 6.6 Billion in April

According to the Reserve Bank of India’s June Bulletin, equity inflows remained the largest component of FDI and rose significantly during the month. Equity inflows increased to US$ 12.42 billion in April, compared with US$ 6.82 billion in April last year. This strong growth helped lift total gross FDI inflows by 65% year-on-year to US$ 15.3 billion.

India to Launch Index of Service Production in July 2026 to Track Services-Sector Growth

The Ministry of Statistics and Programme Implementation will release trial monthly indices for 2025–26 and April 2026 on July 14, 2026. After this first release, the trial index will be published every month with a lag of around 60 days. The base year has been fixed at 2024–25, giving the new indicator a recent reference point for measuring activity in the modern services economy.

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