Economy

News on Indian Economy

Assam Exports First International Consignment of Purabi Ice Cream to Bhutan

Manufactured by the West Assam Milk Producers’ Cooperative Union Limited (WAMUL) and marketed by North East Dairy and Foods Limited (NEDFL), Purabi Ice Cream is produced using milk procured through Purabi Dairy’s extensive cooperative network of dairy farmers across Assam. The inaugural consignment comprises a diverse range of products, including cups, family packs, cones and gallon packs, catering to both retail consumers and institutional buyers in Bhutan.

India Strengthens Dairy and Livestock Economy Through Infrastructure, Fodder Security and Digital Traceability

The sector has recorded considerable expansion over the past decade. India’s milk production increased from 146.31 million tonnes in 2014–15 to 248.87 million tonnes in 2024–25, representing growth of around 70 per cent. Egg production rose from 78.48 billion to 149.11 billion during the same period, an increase of approximately 90 per cent. These figures indicate that livestock-based activities are becoming an increasingly important source of food, cash income and employment across rural India.

India Emerges as World’s Second-Largest Supplier of Seafarers

According to the BIMCO–International Chamber of Shipping Seafarer Workforce Report 2026, India supplies 3,11,936 maritime professionals, representing 12.16 per cent of the global seafaring workforce. The country now ranks behind only the Philippines and ahead of other major maritime workforce suppliers, including China, Russia and Indonesia.

India’s Toy Exports Rise 89.1% as Domestic Manufacturing and Safety Standards Strengthen

Indian manufacturers are now exporting toys to markets including the United States, the United Kingdom, the Netherlands and Germany. The sector’s expansion reflects a combination of mandatory safety standards, higher import duties, cluster development, startup participation, export incentives and initiatives encouraging toys rooted in Indian culture and learning traditions.

Agnikul Cosmos: Printing Single-Piece Rocket Engines for India’s Private Launch Economy

Agnikul uses metal additive manufacturing to consolidate the principal combustion hardware into a single Inconel structure. Its Agnilet and Agnite semi-cryogenic engines integrate the injector, combustion chamber and regenerative cooling channels within the printed assembly. After printing, the hardware undergoes computed-tomography inspection, heat treatment, grinding and cleaning before testing or flight integration.