Indian Economy News

April 15, 2026

India’s data centre market projected to reach US$ 22 billion by 2030

India’s data centre market is projected to more than double to Rs. 20.53 lakh crore (US$ 22 billion) by 2030, driven by AI, cloud adoption and large-scale hyperscale investments.

Infrastructure spending has risen sixfold since 2014 to US$ 128.56 billion, says Prime Minister Mr. Narendra Modi

Prime Minister Mr. Narendra Modi said India’s annual infrastructure spending has risen six-fold since 2014 to over Rs. 12 lakh crore (US$ 128.56 billion), strengthening logistics, connectivity and long-term economic competitiveness.

Indian mutual fund industry’s AUM rises 12.2% to US$ 790.07 billion in FY26

India’s mutual fund industry closed FY26 with AUM rising 12.2% to Rs. 73.73 lakh crore (US$ 790.07 billion), supported by record SIP inflows and strong equity participation despite market volatility.

India Pharma 2026 concludes with a strong push for enhanced funding, infrastructure and speed to accelerate pharmaceutical innovation

India Pharma 2026 concluded with a strong call for enhanced funding, infrastructure and faster execution to drive innovation-led growth in pharmaceuticals, advanced therapeutics and biopharma.

India’s luxury car sales share may double to 5% by 2030, driven by rising affluence and premiumisation, says BMW

BMW expects luxury vehicles to account for 5% of India’s total car sales by 2030, supported by younger affluent buyers, premiumisation trends and improving infrastructure.

L&T targets 3x growth in nuclear energy revenues over the next five years, aligned with India’s 100 GW nuclear ambition by 2047

L&T expects nuclear energy revenues to triple over the next five years as India accelerates its nuclear capacity roadmap towards 100 GW by 2047, supported by rising clean baseload power demand.

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