June 12, 2026
India is advancing its biopharmaceutical ambitions through the Biopharma SHAKTI initiative, which aims to launch 100 biologics by 2047 and strengthen the country's global leadership in biologics, biosimilars, innovation, and advanced healthcare manufacturing.
Government initiatives focused on income support, crop insurance, technology adoption and agricultural modernisation have strengthened farm productivity, enhanced rural livelihoods and contributed to record foodgrain production.
India is strengthening growth through FTAs with developed economies, with the EFTA’s US$ 100 billion investment commitment and the operationalisation of the Government’s US$ 10.83 billion R&D fund expected to drive innovation, investment and job creation.
NITI Aayog can serve as platform for collaboration among States: Prime Minister Mr. Narendra Modi
NITI Aayog’s collaborative framework is expected to strengthen cooperative federalism, enabling states to share best practices and work together towards the goal of Viksit Bharat 2047.
ICICI Securities Highlights Telecom, Defence and Banking as Key Growth Drivers for FY27
Strong corporate confidence, rising investments and favourable sectoral trends are expected to support India’s growth momentum in FY27, with telecom, defence and banking emerging as key drivers.
India’s textile industry poised to achieve US$ 350 billion target by 2030
India’s textile industry has reached nearly US$ 190 billion in 2025-26 and is on track to achieve US$ 350 billion by 2030, supported by government initiatives, export growth, technical textiles and rising employment.