50% US tariffs unlikely to significantly impact India’s growth: Analysts

August 25, 2025 12:11 PM

50% US tariffs unlikely to significantly impact India’s growth: Analysts

As the August 27 deadline for the imposition of 25 per cent US secondary tariffs on Russian oil purchases approaches, analysts and global reports suggest that a cumulative 50 per cent tariff is unlikely to significantly derail India’s growth, thanks to robust domestic demand. Sectors such as textiles and gems and jewellery - both labour-intensive industries - are expected to face moderate pressure. However, pharmaceuticals, smartphones, and steel are relatively insulated due to exemptions, ex...

Among all sectors, logistics emerges as India’s growth engine

August 18, 2025 12:15 PM

Among all sectors, logistics emerges as India’s growth engine

Different sectors, including the service, manufacturing, and agriculture sectors, led India’s strong recovery after the pandemic in 2021 and 2022, resulting in 15.3% growth over the past two years. India, which stands as the fourth-largest economy in the world, is also the fastest-growing one, with a real GDP growth rate of 6.5% in the year 2024-25. Stronger supply chains today mean a stronger, more resilient India tomorrow. The government’s push for infrastructure development and digitali...

India’s economy projected to grow at 6.5% in 2024, Says UNCTAD report

September 16, 2024 5:57 PM

India’s economy projected to grow at 6.5% in 2024, Says UNCTAD report

In a recent report by the United Nations Conference on Trade and Development (UNCTAD), India's economy is forecasted to grow at a rate of 6.5 percent in 2024. This projection follows a growth of 6.7 percent in 2023, indicating a continued upward trend. The report highlights India's position as the fastest-growing major economy globally. According to the UNCTAD report, multinational companies are expanding their manufacturing operations in India to enhance their supply chain diversification. Thi...