Goyal states that this goal requires a strategic and collaborative effort, building on the momentum of India's expected USD 800 billion in exports this year
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India's MSME sector continues to struggle with challenges such as delayed payments, crippling debt, and bureaucratic red tape, stifling growth and innovation
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While overall salary increments remained in single digits across industries, retail emerged as the top performer, showing a strong year-on-year (YoY) salary growth of 8.4 per cent, followed by consumer durables and banking sectors
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The Union Minister emphasises that global recognition of India's economic strength is growing
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Ind-Ra's analysis underscores the significance of this shift, projecting a GDP growth of 7.1 per cent for FY25
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