June 19, 2026

Economy

News on Indian Economy

Diplomacy Economy Governance

UK PM Boris Johnson Signals Visa Flexibility with India to Win Trade Deal. Key Highlights

The UK and Indian industries would spend more than £ 1 billion (US$ 1.3 billion) in new investments and export deals in areas ranging from software engineering to health, creating nearly 11,000 jobs throughout the UK. The £ 1 billion (US$ 1.3 billion) investment will include the establishment of a new Switch Mobility electric bus R&D centre in the UK, as well as the opening of their Asia Pacific headquarters in Chennai.

By Kautilya / April 23, 2022
Economy

In A First, Pune’s GI-Tagged Figs Exported from India to Germany

For the first time, fresh figs from Purandar taluka of Maharashtra’s Pune district with GI tags have been exported to Europe. The Purandar Highlands Farmers Producers Company (PHFPC) has managed to successfully export a consignment to Germany. The export was facilitated by the Maharashtra State Agriculture Marketing Board (MSAMB). Fresh figs from Purandar is highly perishable, has never been exported before this.

By Kautilya / April 20, 2022
Defense Infrastructure

GRSE Achieves Another “FIRST’ on the Eve of 63rd Raising Day: Docks Large Survey Vessel at RBD Unit

Garden Reach Shipbuilders & Engineers Limited (GRSE) celebrated its 63rd Raising Day on April 19, 2022. On the eve of its 63rd Raising Day, the leading warship builder in the country has achieved another significant milestone by undertaking docking of 110 metre long Large Survey Vessel ‘Sandhayak’ at Dock No 2 of its Rajabagan Dockyard (RBD) Unit.

By Kautilya / April 20, 2022
Economy

Passenger Vehicle Exports from India Rise 43% in FY22; Maruti Suzuki Leads Segment

According to the latest data from the industry association Society of Indian Automobile Manufacturers (SIAM), passenger car exports from India surged by 43% in FY22, a total of 5,77,875 units. In FY22, Maruti Suzuki India (MSI) topped the vertical, with Hyundai Motor India and Kia India coming in second and third. Utility vehicle exports increased by 46% to 2,01,036 units. Van exports increased to 1,853 units in FY22, up from 1,648 units in FY21.

By Kautilya / April 20, 2022