Industries

India’s Upcoming Subsea Cable Projects Set to Launch between October 2024 and March 2025

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India is set to significantly boost its global digital connectivity with the launch of three major subsea cable projects—2Africa Pearls, India-Asia-Express (IAX), and India-Europe-Express (IEX)—between October 2024 and March 2025.

Teledensity Rises in India, Internet Subscribers Cross 954 Million: 2023-24 TRAI Report

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According to the latest TRAI report, India’s telecom sector’s gross revenue reached INR 3.36 trillion (US$40 billion) in 2023-24. By March 2024, the total number of internet subscribers in India had increased to 954.4 million.

Newly Sanctioned India Railway Projects Expected to Boost Connectivity, Improve Logistics

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In an effort to lower logistical costs and improve nationwide connectivity, India’s Union Cabinet of Economic Affairs has approved eight new railway line projects.

Record Turnover for India’s Auto Component Industry: Details Here

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India’s automotive component industry reached a record turnover of INR 6.14 trillion (US$73.1 billion) in FY 2023-24. The government has identified 28 key components for indigenization under its ‘localization roadmap’ to support the ‘Make in India’ initiative.

Eight National Highway Projects Sanctioned, Expected to Boost India’s Connectivity

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India has approved eight national high-speed road projects totaling 936 km, investing INR 506.55 billion (US$6.03 billion) to improve logistics efficiency and connectivity.

India’s Telecom Sector: Market Outlook and Regulatory Landscape

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With a subscriber base of 1.20 billion, India’s telecom sector benefits from having the world’s second largest market, besides government support for technological innovation, infrastructure development, and equipment manufacturing.

Toyota Proposes Greenfield Investment in Maharashtra, Part of Diversification Strategy in India

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Toyota Kirloskar Motor (TKM) plans to set up a new manufacturing plant in Maharashtra, marking a key step in expanding its presence in India.

India’s Global Capability Centers Market Estimated to Reach US$110 Billion by 2030

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India’s market for global capability centers (GCCs), also known as global in-house captives or GICs, is thriving, with a projected CAGR of 14 percent for the period from 2023 to 2030. We discuss India’s key appeal.

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