US tariffs likely to impact just 0.19% of India’s GDP: Industry

August 6, 2025 3:12 PM

US tariffs likely to impact just 0.19% of India’s GDP: Industry

The proposed US tariffs on Indian goods will have a “manageable” impact on the country’s economy, affecting just 0.19 per cent of India’s GDP, according to industry leaders. The tariffs are expected to affect exports to the US worth approximately $8.1 billion, said industry think tank PHDCCI in a report. “Our analysis estimates an impact of only 1.87 per cent on India’s global merchandise exports and a negligible 0.19 per cent on India’s GDP due to US tariffs,” it noted. The Un...

India launches talent hunt for young chefs to blend tradition with innovation

July 16, 2025 12:38 PM

India launches talent hunt for young chefs to blend tradition with innovation

The PHD Chamber of Commerce and Industry (PHDCCI), in partnership with the Ministry of Tourism, on Wednesday launched the National Young Chef Competition (NYCC), a nationwide talent hunt designed to discover and nurture India’s next generation of culinary innovators. The grand curtain-raiser for the competition was held at PHD House in New Delhi, marking the beginning of a series of zonal rounds that will span the country. The initiative targets final-year hospitality students, providing them...

India’s economic fundamentals strong, growth outlook bright: industry leaders

April 17, 2025 9:01 PM

India’s economic fundamentals strong, growth outlook bright: industry leaders

India’s economic growth story is set to gain further momentum, underpinned by strong fundamentals, robust policymaking, and a skilled workforce, according to top industry leaders. On the sidelines of the 120th anniversary celebrations of the PHD Chamber of Commerce and Industry (PHDCCI), the leaders voiced confidence in the country’s economic trajectory under the third term of Prime Minister Narendra Modi’s government. Raghupati Singhania, Chairman and Managing Director of JK Tyre & ...