India’s smartphone exports surged 55% YoY to US$ 24.14 billion in FY25, making them the country’s top export for the first time, driven by PLI incentives and strong demand from the US, EU, and Japan.

India’s forex reserves rose by US$ 4.55 billion to US$ 690.62 billion for the week ending May 9, 2025, led by a US$ 4.52 billion increase in gold assets.

The Indian Institute of Foreign Trade (IIFT) has launched its first overseas campus in Dubai to globalise Indian higher education and strengthen India–United Arab Emirates ties.

India’s alcobev industry is set to grow 8–10% in FY26 to US$ 61.97 billion, led by premiumisation and strong demand, with margins improving 60–80 basis points, says CRISIL.

India remained the world’s top electric three-wheeler market in 2024, with sales up nearly 20% to seven lakh and a record 57% electric share, driven by PM E-DRIVE and policy incentives.

Aadhaar authentication crossed 150 billion transactions by April 2025, with e-KYC up 40% YoY and Artificial Intelligence-powered face authentication rapidly adopted by over 100 entities.