The Indian automobile industry witnessed mixed performance in August 2025 with passenger vehicle sales declining, while three-wheeler and two-wheeler segments registered growth, the Society of Indian Automobile Manufacturers (SIAM) said on Monday.
The auto industry has welcomed the GST Council's decision to rationalise tax rates, calling it a landmark reform that will boost affordability, spur demand, and accelerate India's transition to sustainable mobility.
Revenue growth of India's readymade garment (RMG) industry is set to nearly halve on-year this fiscal to 3-5 per cent as the imposition of 50 per cent tariffs by the US on its imports from India becomes effective from 27th August 2025, Crisil Ratings said in a report.
The express logistics industry in India is expected to double its size and reach USD 18-22 billion by FY30 from USD approx. 9 billion in FY25, growing at a rate of 12-15 per cent CAGR, according to a report by Express Industry Council of India (EICI) in partnership with KPMG.
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India's chemicals industry is set for significant growth, and to support this, the policy think-tank of the government of India 'NITI Aayog' suggests seven key policy interventions to increase country's share in the global chemicals value chain.
The Indian soft drink industry is expected to return to a growth rate of over 10 per cent next year, which is impacted in the current year due to weather disruptions, said a report by Systematix Institutional Equities.
India's Goods and Services Tax (GST) system has achieved a major milestone in 2024-25, with a record gross collection of ₹22.08 lakh crore, showing a 9.4 per cent growth over the previous year.
The pipe industry in the country is expected to witness subdued growth in the first quarter of financial year 2025-26 (Q1FY26), according to a report by Nuvama Research.
The combined Index of Eight Core Industries (ICI) witnessed a rise of 0.7 per cent (provisional) for the month of May this year, on a year-on-year basis, as reported by the Ministry of Commerce & Industry.
Punjab Chief Minister Bhagwant Mann, along with Aam Aadmi Party (AAP) chief Arvind Kejriwal, on Tuesday announced the launch of the "Fast Track Punjab Portal" in Punjab's Mohali.