Economy

The benefits generated under the ABS framework have been channelled through Biodiversity Management Committees, enabling communities to undertake conservation activities, strengthen local biodiversity governance, and improve livelihoods.

Dried whole egg powder is a highly versatile product widely used in the food processing industry, including bakery, confectionery, and ready-to-eat food segments, as well as in pharmaceutical applications. Its long shelf life, ease of storage, and convenient transportation make it a preferred ingredient for manufacturers across the globe.

The inaugural consignment, comprising one metric tonne of fresh litchi, was exported to Italy, showcasing the export potential of Uttarakhand’s horticulture sector. The shipment is expected to strengthen India’s presence in international fresh fruit markets while promoting premium produce from the Himalayan region.

The rise of India as a major electronics exporter is one of the strongest indicators of the country’s manufacturing transformation. Electronics, once seen largely as an import-heavy sector, is now becoming a major export engine. From mobile phones and components to advanced electronic systems and precision parts, India is steadily building the capacity to supply global markets at scale.

India’s agricultural exports reached about 53 billion dollars last year, reinforcing the country’s position among the world’s top ten agricultural exporting nations. This is significant because India competes in a tough global environment dominated by major food exporters such as the United States, Brazil, China and the European Union. Despite this competition, Indian farm products continue to gain acceptance due to their variety, scale, cost competitiveness and improving quality standards.

The model is especially relevant for Africa, where large farming communities continue to face challenges related to irrigation access, energy availability and climate stress. Many parts of the continent have strong solar potential but limited rural power infrastructure. In such regions, solar-powered irrigation can become a direct solution for farmers who need reliable water access without waiting for large grid expansion.

Domestic steel demand grew by around 9% year-on-year in May 2026, showing that consumption remains firm across core sectors. The current fiscal year has also opened with healthy demand growth, supported by continued investment in roads, railways, ports, airports, industrial corridors, housing, energy projects and urban infrastructure.