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Know much import and export traffic handled by Indian ports in the last five years.

India has increased the non-fossil fuel energy capacity by 2.5 times to 180 GW and achieved 100% electrification by providing electricity connection to 2.8+ crore families under Saubhagya.

India has also achieved the fastest 5G rollout in the world with the most affordable data prices.

India has successfully hosted the historic G20 Summit, achieving 100% consensus on the New Delhi Declaration.

India has started trading in INR with 27 partner countries.

India is leading the development of the India-Middle East-Europe Economic Corridor.
 

The government has successfully facilitated the induction of over 30 lakh EVs, currently operational on our roads. They will increase the fleets of EVs and will also establish EV charging stations.

What to expect from new government of India?

The new government has several policies and plans to take country’s growth upwards and make India, a self-reliant country.

The newly elected government will focus on the modern road network, enhance rail and metro connectivity with new-age trains and expanded networks, develop comprehensive EV charging stations, construct new airports and advance our telecom infrastructure with affordable 5G and innovative 6G technology, and promoting ease of living for middle class families.

With PLI and Make In India programmes, the new government will continue to work making ‘Bharat’ a global manufacturing hub and enhance employment in crucial sectors including electronics, defence, mobile, automobile, etc. They will also support ‘Annadatas’ to make Bharat Atmanirbhar in the production of pulses (like tur, urad, masoor, moong, chana, etc.), edible oil production (like mustard, soybean, til, groundnut, etc.), and essentials (like onion, tomato, potato, etc.). Millet will not be promoted as the global superfood by focusing on cultivation expansion among small farmers.

The new government will transform Bharat into the global hub for toy manufacturing, leveraging skilled workforce and rich cultural heritage to produce innovative and high-quality toys. India’s imports of toys totalled USD 5 million in Jan-Apr 2024 period, while exports stood at USD 70 million. Here’s look at India’s imports and exports of toys.

*****Value USD Thousand

India will promote Bharat's exports through international cooperation, infrastructure development and simplification of laws. Here are yearly trends of India’s export performance.

The new government will also make Bharat a global leader in automobile and EV manufacturing industry. Here are yearly market trends of India’s automotive industry.

Other major developments to look for

The new government will rejuvenate and reposition Khadi as a national and global brand.

They will facilitate the international movement of trade and services through Bharat by boosting connectivity to Europe via the India-Middle East-Europe Corridor.

In our endeavour to secure mineral resources for Bharat, they will work to establish collaborative partnerships across the globe. Through these partnerships, they will integrate the country in global supply chains, and develop mining, processing and related technologies.

By building a Globally Competitive Food Processing Industry, they will establish smart food processing hubs equipped with cutting-edge technologies to enable comprehensive monitoring of the entire food supply chain.

The government will focus on the technology and sustainability transition happening in steel, cement, metals, and engineering goods industries.

Strengthening Bharat’s Position as Pharmacy of the World, they boost the manufacturing and research capacities of the pharmaceutical sector, especially APIs. They will expand Research Linked Incentive schemes, encouraging companies to invest in research for new drugs, chemical entities and new biological entities.

The new government is set to make Bharat a Global Electronics Manufacturing Hub by 2030. In the last ten years, they have established a USD 100+ billion electronics in manufacturing industry. India has already become the second largest mobile phone manufacturer in the world.

India will focus on making Bharat as a major player in semiconductor and chip manufacturing building on our success of electronics industry.

India has been a leader in textiles, garments, and apparels. The new elected government will accelerate the efforts made over the last ten years and take textile, garment, and apparel industries to the next level.

India will become the largest producer for lab-grown diamond, embracing cutting-edge technology and sustainable methods to drive economic growth and establish a leading position in the international market.

With a clear focus on green hydrogen, the government will invest in expanding production, developing technologies and aim to become a major green hydrogen production hub.

India will set up a Centre of Excellence for clean energy technologies and position the country as global manufacturing hub for wind, solar and green hydrogen and scale up bio-energy manufacturing facilities from all sorts of waste.

India is taking crucial steps to become self-reliant under Make In India programme and boost local manufacturing of commodities like mobile phones, electronics, and food processing items. Under new government, India’s GDP will grow and the country will remain in the limelight of world’s top economies.