India’s Q1 FY26 GDP growth of 7.8 per cent is more than a headline number. It is a reaffirmation of India’s resilience, reform-driven momentum, and a clear sign of renewal at a time when the global economy is caught in turbulence. The composition of this growth is encouraging: The strong…
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GST 2.0 is a landmark in India’s tax journey
The 56th meeting of the GST Council on September 3, 2025 will be remembered as a defining milestone in India’s tax history. These reforms go far beyond tax rates and structures. They represent a decisive shift towards a simpler, fairer, and growth-oriented system that is aligned with the aspirations of…
What We Should Do To Make India More Competitive: A Reform Roadmap
India has witnessed a series of wide-ranging historic reforms over the past decade. These have laid a solid foundation for growth and resilience. However, the world around us is transforming rapidly as decades of hyper-globalisation give way to fragmented, bilateral, and regional trade frameworks. India’s free trade agreements with advanced…
GST 2.0: A tax reform that could deliver a more competitive India
The announcement of next-generation goods and services tax (GST) reforms by India’s Prime Minister Narendra Modi on the occasion of our 79th Independence Day is a landmark moment for the nation. Eight years after the historic implementation of GST, which subsumed a complex web of indirect taxes into a unified…
Embedding Trust In India Inc’s Course To Resilience
Building trust is a powerful asset for Indian industry, enabling companies to thrive in a competitive and globalised environment. In the current geoeconomic and geopolitical environment, the responsibility of building trust needs to be ideally shared between businesses, the government and various stakeholders, with focused efforts towards public-private partnerships, robust global…
Manufacturing Competitiveness Yields Growth, Jobs and Resilience
Manufacturing competitiveness yields growth, jobs and resilience India stands at a pivotal moment in its economic trajectory. With the global manufacturing landscape undergoing a strategic realignment, India is uniquely positioned to emerge as a key player in global supply chains. This transformation can anchor long-term economic growth, generate large-scale employment…
Manufacturing a superpower
With the success of Operation Sindoor, India has established itself as a military power capable of defending its people without external support. This is the result of not just the government’s strategic interventions and the valour of our armed forces, but also our economic ascendency and domestic industrial excellence. With…
The India-UK free trade pact is a game-changer for trade relations
The finalization of the Free Trade Agreement (FTA) between India and the United Kingdom marks a historic step towards strengthening bilateral trade and investment relations. Businesses on both sides have welcomed the conclusion of trade talks that began in 2022 and were fast-tracked by successive UK governments. The agreement promises…
India–UK FTA: A New Chapter in Economic Partnership
Both India and UK share a robust and dynamic economic relationship, underpinned by deep-rooted business and investment ties. Indian industry plays an important role in UK economy. In 2024, Indian companies in UK were estimated to be 971, contributing to £1.17bn in total corporation tax. These enterprises had around 1,118,430…
The US Visit, Viewed Through Industry’s Business Lens
Prime Minister Narendra Modi’s brief and official working visit to the United States last week was significant in many ways, reiterating the strong bonds between the two nations and igniting a new momentum in the economic relationship. The visit was replete with productive outcomes for industry of both sides, with…