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Indian Economy News

March 26, 2024

The ready-to-eat market in India may grow 45% in 5 years.

Mr. Stanley Goh forecasts a 45% growth in India's ready-to-eat market, presenting a lucrative investment opportunity for SATS Food Solutions.

India aims for 30 % of all vehicle sales to be electric by 2030: Care Edge Ratings

A study conducted by CareEdge Ratings highlights a notable change in India's automotive industry, with the country targeting 30% of total vehicle sales to be electric by 2030.

Inflation outlook for the upcoming months positive: Finance Ministry

Despite persistent retail inflation surpassing 5%, the Finance Ministry anticipates widespread easing, potentially aided by increased summer sowing to lower food prices.

Fundraising through SME IPOs hit a new high in FY24, raising US$ 669.4 million (Rs. 5,579 crore).

SME IPOs in FY24 surged, raising US$ 669.4 million (Rs. 5,579 crore), driven by retail investor excitement amidst limited mainboard opportunities.

GenAI has the potential to transform India's healthcare system: PwC India

PwC India's report highlights GenAI's transformative impact on Indian healthcare, enhancing treatment efficiency and reshaping industry practices.

Co-working spaces are set to expand capacity in 12-24 months as demand rises

India's co-working demand surges, with projections indicating a doubling of the flexible workspace market by 2028.

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