Topic
growth
Business India's GST Collections Jump 15.4% to Over Rs 2.11 Lakh Crore in July
India's gross GST collections rose 15.4% year-on-year to over Rs 2.11 lakh crore in July, according to government data. Refunds climbed 13.1% to Rs 29,968 crore, while net GST revenue stood at over Rs 1.81 lakh crore. KPMG's Abhishek Jain called the momentum healthy and suggested exploring 'GST 3.0' for refunds on input services.
Finance Zepto Delays Listing, Looks to Raise Rs 1,000 Crore in Pre-IPO Funding at Reduced Valuation
Zepto is raising about Rs 1,000 crore (~$105 million) in pre-IPO funding at a $4–4.5 billion valuation, over 30% below its last round, postponing its public listing. The company aims to close the round in a couple of weeks and then file its RHP with Sebi, amid valuation gaps between domestic and foreign investors and intensifying competition.
Trade India Smartphone Exports Surge 23% to $9.8 Billion in Q1 Driven by iPhone Shipments
According to Business-Today, India's smartphone exports rose 23.4% year-on-year to $9.8 billion in the first quarter (April-June), the highest ever. The growth was driven by strong iPhone shipments to the US, which accounted for 71% of export value in April-May. Industry estimates project exports could reach $35 billion in FY27, up from $29 billion in FY26.
Commodities Taiwan Charts Offshore Wind Growth to 18 GW by 2039 in New Energy Roadmap
Taiwan's Ministry of Economic Affairs released its 2026–2039 Offshore Wind Power Medium- and Long-Term Promotion Plan, targeting total installed capacity between 24.7 GW and 27.9 GW by 2039, up from around 4.9 GW today. The roadmap calls for adding 15-18 GW of new capacity through auctions held every four years, with around 8 GW per round. Installed capacity is projected to reach 18.3-19.9 GW by 2035 and a nearer-term goal of 10.9 GW by 2030. The expansion is driven by rising electricity demand from semiconductor and AI sectors and aims to cut exposure to volatile imported fuel prices.
Business India Industrial Output Grows 7.3% in June, Fastest Pace in 22 Months
India's industrial production grew 7.3% in June, the fastest in 22 months, driven by strong manufacturing and electricity output. The Q1 growth stood at 5.8%, up from 3.4% a year ago. Economists note resilient domestic demand but warn of risks from high input prices, erratic monsoon, and global slowdown.
Commodities How Scrap Is at the Centre of India’s Changing Metals Growth Story
India's next metals growth cycle will be driven by recycling rather than mining, with scrap emerging as the industry's most strategic resource, according to a thematic report by Ashika Institutional Equities. The report highlights regulatory support, growing demand from electrification, and the shift from informal to organised recycling as key drivers.
Trade India's Growth Strong but Trade Barriers Threaten 2047 Goal: WTO Trade Policy Review
A WTO Trade Policy Review report highlights India's strong economic growth as the fastest-growing G20 economy, with GDP projected at 6.8-7.2% for FY2027-28. However, it warns that structural challenges including high trade costs, tariffs, and regulatory complexity must be addressed for India to achieve its Viksit Bharat vision of becoming a developed nation by 2047. The report notes India's record exports of $863.1 billion in 2025-26 and a strategic shift towards free trade agreements.
Manufacturing Tractor Industry Growth to Moderate to 1-4% in FY27 on Weak Monsoon Outlook: ICRA
According to ICRA, the tractor industry's volume growth is expected to moderate to 1-4% in FY27, down from 23.5% in FY26, due to a high base and a below-normal monsoon forecast. The Indian Meteorological Department projects below-normal rainfall due to El Nino, posing risks to kharif production and farm incomes. Despite this, margins and credit profiles of OEMs remain healthy.
E-Commerce & Marketplaces Reliance Retail Maps Online Business Growth with JioMart and Dark Store Expansion in FY27
Reliance Retail outlines a three-year roadmap to scale its online business, led by JioMart and dark store expansion, with a focus on improving unit economics, omni-channel integration, and profitability through private labels and marketplace income.
Commodities Emami Agrotech targets ₹22,000 crore turnover in FY27 amid robust edible oil demand
Emami Agrotech, the edible oil and foods arm of Emami Group, targets a turnover of ₹22,000 crore in FY27, driven by 10% revenue growth. CEO Sudhakar Rao Desai cites robust demand ahead of the festive season and stable commodity prices, but remains cautious on geopolitical tensions and El Nino weather risks. The company is expanding its foods portfolio and focusing on brand building.
Logistics U.S. Domestic Intermodal Volumes Surge 13% in June, J.B. Hunt Reports Record Q2
Domestic loaded rail container volumes in the U.S. grew nearly 13% year-over-year in June, far exceeding seasonal norms and surpassing last year's peak. J.B. Hunt reported record intermodal volumes in Q2, with loads up 10% y/y, as a 30% cost advantage over truckload drives conversion activity at levels not seen in over a decade. However, tightening drayage capacity and rising driver wages pose operational risks.
Commodities India's Power Sector Set for Strong FY27 Growth on Surging Demand and Capacity Additions: Report
A report by 360 ONE Capital forecasts robust growth for India's power sector in FY27, driven by 8% year-on-year electricity demand increase and record peak consumption of 270.82 GW. The country added 16.8 GW of capacity in the April-June 2026 quarter, with renewables leading at 13.2 GW. Coal remains the backbone of the energy mix, contributing ~70% of generation.
Finance Punjab National Bank Q1 net profit surges 213% to Rs 5,253 crore on lower tax outgo
Punjab National Bank (PNB) posted a standalone net profit of Rs 5,253 crore for the quarter ended June 30, 2026, a 213.6% jump from Rs 1,675 crore a year earlier. The surge was aided by a steep 66.1% decline in tax outgo, even as non-interest income fell 17.7%. Asset quality improved with gross NPA ratio falling to 2.78% from 3.78%.
Logistics How One Felon Turned Two Trucks Into a 40-Vehicle Fleet and Bought a 40-Year-Old Carrier
Jerry Murphy launched his trucking company in 2017 with two trucks despite a suspended license and a felony. By mid-2026, his operation grew to nearly 40 trucks and 140 trailers, culminating in the acquisition of a 40-year-old carrier. Murphy's story also highlights his struggle with alcoholism and the personal turnaround that fueled his business success.
India's Whole Cardamom Exports More Than Triple to $436.8 Million in 2025-26, Driven by Global Demand
India's exports of whole cardamom more than tripled in value to $436.8 million in 2025-26 from $131.9 million in 2023-24, according to Commerce Ministry data. Volumes more than doubled to 16,399 tonnes. Key markets include UAE, Saudi Arabia, and Bangladesh.
Logistics India Post crosses Rs 4,000 crore quarterly revenue for first time; Q1 turnover jumps 22%
India Post's Q1 FY27 revenue crossed Rs 4,000 crore for the first time, reaching Rs 4,008 crore, a 22.2% increase year-on-year. The parcel vertical grew 50%, highlighting strong last-mile delivery demand. The milestone was announced by Union Communications Minister Jyotiraditya Scindia.
Logistics Indian Post Revenue Surges 22.2% in Q1 FY2026-27, Driven by Parcel Modernization and E-Commerce Partnerships
India Post reported a 22.2% year-over-year revenue increase to ₹4,008 crore in Q1 FY2026-27, marking the first double-digit growth in its history. The growth is attributed to parcel modernization and partnerships with major e-commerce platforms like Flipkart and Shiprocket, signaling enhanced last-mile delivery capacity for logistics operators.
Manufacturing Mercedes-Benz and BMW Report Record H1 Sales in India, Electric Vehicles Surge 78%
India's luxury car market hit new highs in H1 2026, with Mercedes-Benz retailing 9,768 units (+9%) and BMW Group selling 9,075 units (+17%). Electric vehicles were the key growth driver: BMW's EV sales jumped 78% to 2,359 units, while Mercedes saw BEVs comprise 14% of Q2 sales. Executives cited improving charging infrastructure and strong order books, though supply constraints remain a challenge.
Manufacturing India's Consumer Durables Sector Targets Over 20% Growth as Summer Demand Surges
India's consumer durables sector is on track for over 20% revenue growth in Q1 FY27, driven by scorching summer demand. Air conditioners lead with sales growth exceeding 30%, while other seasonal categories post double-digit gains. However, rising input costs and currency weakness are squeezing margins despite price increases of 5-8%.
Business Despite West Asia War, Real Estate Likely to See 10% Growth This Fiscal, Says CREDAI President
Shekhar G Patel, President of CREDAI National, stated that Indian real estate could see 10% growth this fiscal despite the West Asia war and potential price increases. Construction costs have surged 15-25% due to raw material price hikes, with new project prices possibly rising up to 10%. The housing market has shown 10-12% CAGR since 2021.
Business EY Forecasts India GDP Growth of 6.6-6.8% in FY27 on Resilient Domestic Demand, Lower Energy Prices
EY's Economy Watch expects India's real GDP to grow 6.6-6.8% in FY27, driven by resilient domestic demand, lower global energy prices, and normalisation of Strait of Hormuz shipments. CPI inflation is projected at 4.5% and the current account deficit at 1.5% of GDP.
Business India’s Economy Projected to Hit $7 Trillion by 2030, Double to $14 Trillion by Mid-2030s
At the IX USISPF Leadership Summit 2026, India’s ambassador to the US, Vinay Mohan Kwatra, projected India’s economy will reach $7 trillion by the end of this decade, double to $14 trillion by the mid-2030s, and eventually hit $25–30 trillion by 2047. Currently a $4.3 trillion economy, the roadmap underscores India’s long-term growth trajectory. Separately, US ambassador Sergio Gor indicated that an interim trade deal is close to finalization.
Business GST Revenue Grows 13.9% in June to Rs 1.94 Lakh Crore, Driven by Import Taxes
India's gross GST collections rose 13.9% year-on-year to Rs 1,94,812 crore in June 2026, driven by a 34.6% surge in import-related tax revenue. Net GST after refunds increased 11.2% to Rs 1,62,377 crore. The Finance Ministry data also showed strong domestic growth of 6.5% and higher refund disbursements, signalling improving tax administration.
Business GCC Commercial Property Index Hits 165 in Q1 CY’26 Amid Stable Pan-India Growth
The Pan-India GCC Commercial Property Rental Index (CPRI) stood at 165 in Q1 CY’26, with a three-year CAGR of 0.9%, signalling stable growth. Hyderabad, Pune, and Bengaluru are top GCC destinations, while Navi Mumbai recorded the highest three-year rental CAGR of 13.4%.
Business Nearly 500 Indian Cities Set to Become Next Economic Hubs: Finance Minister Nirmala Sitharaman
Finance Minister Nirmala Sitharaman announced that nearly 500 cities in India are poised to become the country's next economic hubs, citing a rapidly expanding middle class that now represents 31% of the population and drives 93% of consumer spending. Speaking at a French economic forum, she highlighted the middle class's annual growth rate of 6.3% since economic liberalization and noted that India will surpass China in middle-class population size between 2030 and 2035, according to an OECD study.
Business Middle Class to Remain India’s Growth Engine, Consumption Driver by 2036: FM Sitharaman
Finance Minister Nirmala Sitharaman declared India's middle class as the engine of growth, projecting it will drive 93% of consumption by 2036. She highlighted government initiatives like Jan Dhan accounts, tax relief, and GST cuts that have broadened the base and lifted 248 million out of poverty. Separately, she co-chaired the India-France Economic & Financial Dialogue, exploring cooperation in critical minerals, high-speed rail, and financial industries.
Business Trump Praises India's 7-8% Growth, Reversing 2025 'Dead Economy' Remark
US President Donald Trump praised India's economy as 'doing very well' with 7-8% growth in a CNBC interview, contrasting sharply with his 2025 'dead economy' remarks. The shift comes as US-India trade negotiations accelerate ahead of a July 24 tariff expiration, with implications for bilateral commerce and investment.
Business Growth, not gloom: Morgan Stanley keeps bullish stance on Indian equities
Morgan Stanley reaffirms its bullish stance on Indian equities, arguing the recent market cool-off is temporary. The brokerage expects stronger economic growth to reverse the relative de-rating and support a recovery, while downplaying structural concerns about demographics and AI.
Business Dabur Chairman Says India's Growth Story Intact, Bets on Rising Consumer Aspirations
Dabur India Chairman Mohit Burman, in the latest annual report, expressed confidence in India's growth story despite global uncertainties, citing rising consumer aspirations and strong domestic demand. The company reported a 5% revenue increase to Rs 13,193 crore and a 7.2% rise in net profit to Rs 1,895 crore. Dabur is investing in a new Tamil Nadu facility, premium offerings, quick commerce, and strategic M&A to capture future growth.
Business India Strengthens Investment Position as FDI Rises 44% to $39 Billion in 2025, UNCTAD Reports
Foreign direct investment into India rose 44% to $39 billion in 2025, according to the UNCTAD World Investment Report, reinforcing the country's status as a key global investment destination. While overall inflows surged, announced greenfield investments fell to $74 billion from $111 billion, reflecting cautious global conditions.
Finance NBFC Loan Growth Hits 14.2% to Rs 58.6 Lakh Crore, Trailing Bank Lending Pace
NBFC loan growth accelerated to 14.2% year-on-year in May 2026, reaching Rs 58.6 lakh crore, but still trailed banks' 17.7% pace. Retail loans accounted for nearly all of the Rs 84,544 crore incremental credit added between March and May, while industrial lending contracted.
Technology Property title search engine Landeed to invest ₹30cr in FY27 for business growth
Property title search engine Landeed will invest ₹30 crore in FY27 to expand its business. The company, which raised around ₹100 crore from investors including Y Combinator, will focus on GPU infrastructure, small language models, and Indic OCR to convert fragmented property records into structured intelligence.
Manufacturing Ladakh Administration Approves PLI Scheme and Revolving Fund to Boost Pashmina Production
The Union Territory of Ladakh has approved a production-linked incentive (PLI) scheme and an ₹8 crore revolving fund to strengthen the Pashmina industry. The measures include a 25% incentive for herders, upfront payments, and targets to double the goat population to 4 lakh and raise average yield from 200g to 350g per goat.
Manufacturing Industry 4.0 Tools Modernize India's Fertiliser Manufacturing to Boost Agricultural Growth
India's agricultural productivity depends on timely, quality fertiliser supply. Industry 4.0 technologies—automated bagging systems, robotic palletizers, VFD-enabled conveyors, and predictive maintenance—are modernising fertiliser manufacturing, reducing material loss, improving energy efficiency, and building smarter supply chains. According to a report in The Hindu BusinessLine, these innovations help plants maintain steady output during peak seasons and support India's data-driven farming future.
Logistics U.S. Rail Traffic Surges 7.1% in Late June 2026, Led by Intermodal and Metals
U.S. rail traffic totaled 521,998 carloads and intermodal units for the week ending June 20, 2026, up 7.1% year-over-year, according to Association of American Railroads data. Intermodal units surged 12.1%, while carloads rose 1.6%, led by metallic ores and metals. Year-to-date volumes are up 3.1% combined, with steady growth in both domestic and international intermodal.
Technology GenAI and Geopolitics to Keep India's IT Sector Growth Under Pressure, Says JPMorgan
JPMorgan's research report warns that India's IT services sector faces an uncertain demand environment due to generative AI (GenAI)-led productivity gains, geopolitical uncertainty, and shifting enterprise spending. Revenue growth has stagnated at 2-3% over three years, with a meaningful recovery not expected before FY30. The brokerage cut growth estimates and valuation multiples across the sector.
Finance India's Debt Market Not Equipped to Fund $7.3 Trillion Growth Target, Deloitte Warns
Deloitte's State of Financial Services in India report says the debt market is not equipped to finance the next growth phase, citing weaknesses in price discovery, risk differentiation, and offshore NDF trading. It proposes three structural reforms: deepening the market, making rates market-driven, and attracting global investors.
Logistics FedEx Freight Forecasts 4-6% Revenue Growth as Standalone Company After Spinoff
FedEx Freight, now an independent company after spinning off from FedEx Corp. on June 1, reported a 4.8% revenue increase to $2.4 billion in its fiscal fourth quarter. The less-than-truckload carrier expects 4% to 6% revenue growth for the remaining seven months of the year, with an operating margin of 9% to 9.5%. Despite a 5.9% decline in average daily shipments, revenue per shipment rose 11.5% to $415.22.
E-Commerce & Marketplaces AI reshapes D2C growth engines but human judgment still defines brand outcomes, say founders at ETRetail Summit
At the ETRetail E-Commerce and Digital Natives Summit 2026, leaders from Zivame, Urban Ladder, Yoga Bars, DrinkPrime, and Trustsignal discussed how AI is transforming performance marketing, retention analytics, and content speed, but emphasized that critical decisions around brand trust, positioning, and customer experience still require human oversight. Panelists highlighted AI's role in reducing customer acquisition costs and accelerating content production, while noting its limitations in emotional nuance, strategic decision-making, and new customer acquisition.
Business EDNS 2026: Endurance, Not Early Growth, Will Define India’s Next D2C Winners
At the EDNS 2026 conference, founders across beauty, nutrition, fashion, wellness, and food emphasized that long-term brand survival depends on product integrity, category creation, supply chain depth, and sustained relevance beyond early growth spikes. Key leaders from Plum, Fast&Up, Kapiva, Indo Era, and Akshaykalpa Organic shared insights on building defensible moats and navigating India's crowded D2C ecosystem.
E-Commerce & Marketplaces India’s next e-commerce growth wave will come from Tier-II and Tier-III consumers, not metros
At the ETRetail E-Commerce and Digital Natives Summit 2026, panelists including CEOs of Tata CLiQ, Snapdeal, and Yatra said India's next e-commerce growth will come from Tier-II and Tier-III consumers. Key data points: 63% of outbound travel originates from these cities, and more than half of Tata CLiQ Luxury's business comes from non-metro locations. Panelists cautioned against overestimating growth pace but highlighted significant untapped demand.
Finance How carriers can scale with Goldman Sachs’ 10,000 Small Businesses program
Goldman Sachs' 10,000 Small Businesses program provides free business education and capital access to small trucking companies. The 12-week curriculum helps owner-operators move beyond operational bottlenecks, while a network of lenders offers average loans of $52,000. Alumni data shows 66% report increased revenue six months after graduation, rising to 74% by 30 months.
Logistics AI-First Brokerage Fura Achieves 800% Growth During Freight Recession Through Automation and Acquisitions
Fura, an AI-first freight brokerage, grew from $10 million to $90 million in revenue over three years during a freight recession. The company combined acquisitions of brokerages in the $10M–$30M range with process automation and offshore staffing to cut SG&A to roughly 39%, well below the industry norm of 60%–80%. The acquisition of Pinwheel illustrates the playbook: headcount dropped from 26 to 8 while the business swung from a $150,000 loss to $1 million in profit.
Finance Gold loans surge 84% in FY26, emerge as mainstream credit driver: Experian
Gold loans are now one of India's fastest-growing retail credit products, with sourcing surging 84% year-on-year in FY26, according to Experian. The industry portfolio more than tripled to ₹19.4 lakh crore by March 2026, driven by rising gold prices and deeper market penetration. Asset quality also strengthened, with net 90+ delinquency improving to 0.2% from 0.4% three years earlier.
Business India Core Sector Growth Slows to 0.5% in May, Weakest in Seven Months on Energy Contraction
India's index of eight core industries grew only 0.5% in May 2026, the slowest pace since October 2025, dragged down by contraction in coal, crude oil, refining, fertiliser and natural gas. Only cement, steel and power recorded growth. The poor performance, attributed partly to the West Asia conflict, is expected to weigh on the broader Index of Industrial Production (IIP) due later this month, with economists forecasting IIP growth of just 2-3%.
Business FY27 Kicks Off Strong: Double-Digit Sales Growth in Apparel, ACs, and Premium Goods, But Monsoon and Inflation Risks Loom
India’s new fiscal year has opened with robust double-digit sales growth in apparel and white goods, driven by a scorching summer and GST rate cuts. However, companies and analysts warn that an uneven monsoon and accelerating inflation could weigh on demand in coming months. A Bank of America report highlights El Nino risks to retail inflation.
Business Core sector growth slows to 0.5% in May as coal, refinery output contract, TOI Business Desk reports
India's core sector growth decelerated to 0.5% in May, with coal and refinery output contracting, as reported by the TOI Business Desk. The article provides no additional details or supporting data beyond the headline.
Trade India's Exports Surge 15% Despite US Tariffs; Trade Talks With US Set to Begin
India's merchandise exports recorded a robust 15% year-on-year growth in April-June 2026, defying US tariff impositions. Commerce Minister Piyush Goyal announced the data and confirmed that bilateral trade talks with US Trade Representative Jamieson Greer will commence on June 23-24 in Delhi to finalize a trade agreement framework.
Technology India's digital sector faces competition, policy and tech challenges despite strong growth outlook
India's digital connectivity sector continues to show strong growth potential but must navigate intensifying competition, evolving regulations, cybersecurity threats, and rapid technological change, according to an industry assessment cited in Jio Platforms' draft red herring prospectus. The report, by Analysys Mason, warns that long-term sustainability depends on addressing structural and operational challenges.
Trade Exports Up 15% Despite 50% US Tariffs, Says Commerce Minister Piyush Goyal
Commerce and industry minister Piyush Goyal reported that India's exports grew 15% in the period covering April, May, and the first 14 days of June, despite the US imposing 50% tariffs. May exports reached a six-month high of $45.2 billion. Bilateral trade negotiations with the US are slated for June 23-24 in Delhi, focusing on finalising a framework deal.
Trade India's goods exports rise 15% in first 2.5 months of FY2026-27, driven by oil and FTA push
India's goods exports grew nearly 15% in the first two-and-a-half months of FY2026-27, according to commerce minister Piyush Goyal. The growth is aided by strong oil exports and the expected operationalisation of several free trade agreements, including the UK FTA from July 15, 2026, and the EU FTA by early 2027. Talks with the US, Canada, Kenya, and the South African Customs Union are also underway.
Logistics Echo Global Logistics Expands in Mexico with Domestic Transportation Offering
Echo Global Logistics announced intra-Mexico transportation services, integrating domestic moves with cross-border, customs, and warehousing. The expansion targets manufacturers nearshoring to Mexico. Separately, DP World entered exclusive talks for a container terminal at the Port of Corpus Christi.
Trade UKIBC Hails India-UK Trade Pact Rollout From July 15, Says CETA to Unlock New Growth
The UK India Business Council (UKIBC) has applauded the upcoming India-UK Comprehensive Economic Trade Agreement (CETA), which enters into force on July 15, 2026. Bilateral trade reached £47.9 billion in the four quarters ending Q4 2025, a 10% increase, with tariff reductions and improved market access expected to further boost trade and investment. The pact is projected to significantly benefit India's services sector, including IT, financial services, and education.
Trade India's mango exports reach 45 countries; US shipments likely to grow over 30% this season: APEDA
India's mango exports have reached more than 45 countries this season, with shipments to the United States already surpassing last year's full-season volumes nearly a month before the season ends. APEDA Chairman Abhishek Dev said exports to the US are on track to grow by more than 30% this season, driven by promotional campaigns in major US cities. Overall agricultural and processed food exports reached $53 billion last financial year, and India's export basket has diversified from around 280 to nearly 500 products over the past decade.
Logistics Dali casualty exposes erosion of technical ownership in shipmanagement, warns veteran Kapoor
Industry veteran Sunil Kapoor, writing for Splash247, warns that the Dali bridge collision is a symptom of systemic failures in third-party shipmanagement as the focus shifts from technical expertise to fleet growth and profitability. The modern superintendent has become a node in an information chain, reducing the priority of vessel condition and repair.
Business G Square revives industrial plot business, targets ₹2,000-crore sales this fiscal
G Square Group is reviving its industrial plot development business after a five-year hiatus, targeting ₹2,000 crore in sales this fiscal. The company also plans ₹5,000 crore in residential plot sales and has launched a new project in Gummudipoondi.
Business India Does Not Use Methodology Changes to Inflate Growth Numbers, CEA Nageswaran Defends GDP Data
Chief Economic Adviser V Anantha Nageswaran has defended India's GDP data, stating that the country does not use methodology or base-year changes to artificially inflate economic growth figures. In an ANI interview, he said GDP is an estimate, and India actually lowered its GDP figure after a recent rebasing exercise, contrary to many other nations. He also noted that international institutions like the IMF have only questioned methodology, not reliability, and that criticism often stems from unmet expectations.
Business World Bank Cuts Global Growth Forecast to 2.5% for 2026; India Retains Fastest-Growing Major Economy at 6.6%
The World Bank projects global growth of 2.5% in 2026, down from 2.9% in 2025, citing the Middle East conflict and rising energy prices. India's GDP is forecast to grow 6.6% in fiscal year 2026-27, making it the world's fastest-growing major economy, though higher energy costs and fiscal pressures pose risks.
Business Kochi emerges as top tier-II real estate hub with strong growth: Cushman & Wakefield report
Kochi has strengthened its position as a top Tier-II office market in India, driven by 9.7 million square feet of Grade-A stock, robust leasing activity from flexible workspace operators and GCCs, and low mall vacancy of 4.5%. Residential prices rose 10-13% annually. The growth is supported by the metro network, connectivity, and quality of life.
E-Commerce & Marketplaces Amazon Plans $35 Billion Additional India Investment by 2030, Calls It Most Aggressive Expansion Phase
Amazon India is ramping up its presence with a $35 billion fresh investment pledge by 2030, on top of $40 billion already invested. The company's country manager Samir Kumar described this as the most aggressive expansion phase in India yet, spanning ecommerce, quick commerce (Amazon Now), AI, and exports enablement.