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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…

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 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…

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 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…

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…

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…

Artificial Intelligence (AI) is rapidly transforming industries, reshaping global competitiveness and fostering economic growth. Across sectors such as manufacturing, healthcare, agriculture, finance, and retail, AI is unlocking efficiencies, enabling predictive analytics, and driving automation. For India, AI is not merely a technological advancement but a strategic imperative that has the…

Over the past decade, the government has consistently demonstrated its commitment to improving the Ease of Doing Business (EoDB) in India by rationalising regulatory burdens and promoting a more business-friendly environment. The government’s efforts in the past have already led to the rationalisation of over 40,000 compliances at the pan-India…

In her eighth consecutive Budget, a first in independent India, the Finance Minister has presented a timely document that addresses the short-term challenges faced by the Indian economy while maintaining focus on the long-term goal of making India a developed country by 2047. After three years of robust growth, FY25…