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Cushman & Wakefield's report emphasizes that India can boost manufacturing and self-reliance by focusing on plug-and-play industrial parks and better logistics. Survey reveals that infrastructure improvements are driving manufacturers to scale up. Addressing logistics costs, warehousing capacity, and skill gaps are crucial.
Meesho, a Bengaluru-based e-commerce marketplace, is set to launch its IPO. Shareholders have approved the plan to raise Rs 4,250 crore. The IPO will include a fresh issue of shares and an offer for sale. Vidit Aatrey is appointed as chairman, MD, and CEO. Meesho aims to be the first horizontal e-commerce company to list in India.
Bangladesh has significantly reduced its debt to Adani Power with a $384 million payment this month, settling admitted dues until March 31. Disagreements persist over coal costs and plant capacity, with Adani claiming an additional $500 million. The payments follow supply reductions due to Bangladesh's financial struggles, exacerbated by political turmoil and the Russia-Ukraine war.
India is set to maintain strong economic growth, surpassing G7 nations. This growth is driven by domestic demand and favorable demographics. India's share in global GDP is increasing. Merchandise trade with G7 countries has grown significantly. India is leading global initiatives in clean energy and digital governance. Strategic cooperation with G7 nations will shape future growth.
Panasonic has withdrawn from India's refrigerator and washing machine sectors due to global restructuring and sustained losses, despite achieving ₹11,500 crore revenue in FY25. The company's market share was minimal, with six years of sales losses. Panasonic will now concentrate on profitable areas like HVAC, B2B solutions, and home automation.
India's cement industry experienced robust growth in May 2025, with volumes increasing by 9% and prices rising by 8%. ICRA projects continued volume growth of 6-7% for FY26, driven by housing and infrastructure demand. Improved operating margins are expected due to price hikes and favorable cost environment, with lower coal and steady diesel prices.
2025/06/30 04:37:29
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