CEA Mr. V Anantha Nageswaran projects India’s economy will grow by 6.5-7% this financial year, citing strong post-COVID recovery driven by prudent fiscal and monetary policies.
The primary market is rebounding, with 822 IPOs projected to raise US$ 65 billion in 2024, a 17.4% increase from last year's US$ 55.4 billion.
Union Minister for Textile Mr. Giriraj Singh announced a roadmap to create 4.5-6 crore jobs in the textile sector by 2030, aiming to grow the market size to US$ 350 billion.
The Karnataka government introduced a draft GCC policy targeting US$ 50 billion in economic output and 500 new centres by 2029, creating 350,000 jobs.
India and Uzbekistan signed a Bilateral Investment Treaty to enhance investor confidence, ensuring protection, non-discrimination, and independent arbitration for both nations' investors.