Industry Growth News - Latest Updates & Headlines
Industry must set bold targets and mentor next-gen leaders: Piyush Goyal
New Delhi, Nov 18: Union Commerce Minister Piyush Goyal on Tuesday urged industry leaders to adopt a more ambitious and proactive approach to help drive India’s growth.
ICRA highlights shifting growth drivers as industry outpaces services first time in four quarters
New Delhi, November 18: India's growth drivers are set to shift in second quarter (Q2) of FY2026, with industry expected to outpace services for the first time in four quarters, even as overall GDP expansion moderates, according to credit rating agency ICRA.
Next 3 months buoyant for industry as GST rate cuts to boost activity: Report
New Delhi, Oct 29: The next three months should be more buoyant for industry as the GST cuts would translate to higher demand which in turn should lead to increased activity, a new Bank of Baroda (BoB) report said on Wednesday.
Indian IT majors' revenue to grow 2.1 pc sequentially in Q2 FY26: Report
New Delhi, Oct 8: As the Q2 earnings session begin, India's largest IT firms are likely to record a modest quarter-on-quarter revenue growth of up to 2.1 per cent in the July-September period, a report said on Wednesday.
Automobile sales to see record YoY growth in September on festive boost: Nuvama Research
New Delhi, September 30: The automobile sector is expected to record strong year-on-year growth in sales across all segments in September, supported by festive demand and positive customer sentiment, according to a report by Nuvama Research.
Tier-II cities in India emerging growth hubs for restaurants, dining out becoming lifestyle among Gen Z: Report
New Delhi, September 18: Tier-II cities in India are fast emerging as the next growth frontier for restaurants as dining out is no longer an occasional indulgence but is becoming a lifestyle, especially among Gen Z, according to a report by Grant Thornton Bharat.
India's fitness market revenue to grow by 15 pc annually, reach Rs 37,700 cr by 2030: Report
New Delhi, Sep 9: India's fitness economy is gaining strong momentum, and the industry is set to grow to Rs 37,700 crore ($4.5 billion) by 2030, according to a report on Tuesday.
Gujarat: Businessmen meet CM Patel; thank Centre for GST reforms
Gandhinagar, Sep 8: Representatives of various industry associations in Gujarat called on Chief Minister Bhupendra Patel to express their gratitude to Prime Minister Narendra Modi and the Centre for the recently announced “NextGen GST Reforms.â€
Industry leaders hail GST 2.0 as catalyst for growth, affordability, and sustainability
New Delhi, September 7: The recently announced GST 2.0 reforms have drawn a positive response from industry leaders across sectors, who see the overhaul as a catalyst for growth, affordability, and long-term sustainability.
India's textile exports chart positive growth trajectory despite global uncertainties
New Delhi, Aug 20: India's textile and apparel sector has continued to demonstrate resilience despite the global uncertainties, to chart a positive growth trajectory in July, reaffirming the sector’s role as a key driver of employment, exports and economic growth.
Gujarat CM meets PM Modi, discusses development of industry, social sector in state
New Delhi, August 3: Gujarat Chief Minister Bhupendra Patel met Prime Minister Narendra Modi in New Delhi and discussed the development of industry and the social sector in the state.
Pipe industry to witness subdued growth in Q1FY26, growth likely to remain below 5%: Nuvama Research
New Delhi, June 24: The pipe industry in the country is expected to witness subdued growth in the first quarter of the financial year 2025-26 (Q1FY26), according to a report by Nuvama Research.
India's Defence budget to rise five-fold to Rs 31.7 lakh crore by 2047, says CII KPMG Report
New Delhi, May 30: India is expected to see a major boost in its defence sector by the year 2047, with the total defence budget projected to rise to Rs 31.7 lakh crore, according to joint study report by Confederation of Indian Industry (CII) and KPMG.
Government eases port restriction for leather exporters to enhance trade
New Delhi, May 27: In a move to facilitate leather traders, the Union Government has removed key procedural restrictions on the export of value-added leather products.
AI adoption can increase revenue by 10%, reduce costs by 15% for media industry: EY
New Delhi, May 4: Adoption of Artificial Intelligence (AI) can increase revenues by 10 per cent and reduce costs by 15 per cent for media and entertainment companies, Ernst & Young (EY) asserted in a report published during the first edition of WAVES Summit.
India's passenger vehicle volume to scale fresh high in FY26, utility cars to lead
New Delhi, April 25: India's passenger vehicle (PV) industry is set to scale a fresh high this fiscal with domestic and export volume cumulatively crossing 5 million units even as the annual growth rate slows to 2-4 per cent, a report showed on Friday.
Auto sector faces near-term consolidation, strong growth expected in tractors and SUVs: Report
Mumbai, March 5: The Indian automobile sector is expected to experience a phase of consolidation across all segments in the near term, however, long-term growth prospects remain strong for select players, according to a recent analysis by Axis Securities.