Daily News - Friday, 12 December 2025
Adani group reveal India’s $30 Trillion Future: Ports, Power, and People (India Today)
Director of Adani Enterprises Limited, Pranav Adani outlined a long-term vision to make India a $30 trillion economy by 2047, emphasizing infrastructure as the backbone. He described the Dharavi redevelopment as the group’s most ambitious project, promising 200,000 free homes of 350 sq ft each to eligible families. To rebuild trust, he pledged that residents would receive keys before demolition, transforming Dharavi into a modern, connected urban hub. On politics, he said investment decisions are driven by state needs, not party preferences, as states compete to attract capital. He highlighted projects like the Vizhinjam deep-water port in Kerala, capable of docking the world’s largest ships, to reshape logistics. Finally, he showcased the 30 GW renewable energy park in Kutch, five times the size of Paris and visible from space, projecting Adani Group as the world’s largest renewable power generator by 2030.
India and Italy Sign JCEC Roadmap to Boost Bilateral Trade and Strategic Cooperation (India Brand Equity Foundation)
The Italy-India Business Forum 2025 in Mumbai marked a major step in strengthening bilateral economic ties. The event was attended by Italian Deputy Prime Minister Antonio Tajani, Indian Commerce Minister Piyush Goyal, senior officials, industry associations, and over 150 companies. Key sectors of collaboration included automotive, waste-to-energy, renewable energy, agri-foods, sports technology, and connectivity. Discussions focused on building resilient supply chains and partnerships in clean mobility, advanced manufacturing, and green energy. Indian unicorns engaged with Italian counterparts to explore cooperation in AI, deep tech, fintech, and digital innovation. The forum concluded with the signing of the Agreed Minutes of the 22nd India–Italy Joint Commission for Economic Cooperation (JCEC), setting a roadmap for future collaboration.
India’s Luxury Housing Market Expands Rapidly as India’s Urbanisation and Rising Wealth Make India a Global Hotspot for Premium Housing (India Today)
India’s luxury housing market surged in 2025, with sales of homes priced ₹4-6 crore ($480,000-$720,000 USD) rising 85% year-on-year in seven major cities. A total of 7,000 units were sold in H1 2025, led by Delhi-NCR with 4,000 units (57% share) and Mumbai with 1,240 units (18% share). Developers launched 7,300 new luxury homes in the same period, marking a 30% increase over 2024, with Delhi-NCR, Mumbai, and Hyderabad accounting for 90% of launches. India’s demographic dividend, with 68% of the population in the 15-64 age group, is fueling demand for premium residences. As a result, India is emerging as a global hotspot for high-ROI luxury real estate investment, driven by rising incomes, urbanisation, and expanding tier-2 city markets.
India's MSME Ministry Launches ₹25,060 Cr Export Mission to Boost Global Competitiveness and Expands MSME Support with International Cooperation Scheme (India Brand Equity Foundation)
The Government of India is boosting MSMEs through the International Cooperation Scheme, offering financial support for participation in global exhibitions, fairs, and workshops. MSMEs’ share in India’s exports rose from 45.74% in 2023-24 to 48.55% in 2024-25, highlighting their growing role in the economy. A new Export Promotion Mission (EPM) with a budget of ₹25,060 crore (US$ 2.78 billion) has been launched for 2025-26 to 2030-31. EPM initiatives include NIRYAT PROTSAHAN for trade finance and NIRYAT DISHA for compliance, branding, logistics, and skill development. First-time exporters benefit from assistance with registration, export insurance, and quality certifications, easing entry into international markets. Between 2020-21 and 2024-25, 1,361 MSMEs received support under this scheme.
Russia and South Korea Back India’s Push to Become Global Shipbuilding Power (Indian Masterminds)
India’s shipbuilding sector is at a turning point, with Russia proposing joint polar-class vessel production to boost domestic capabilities. South Korea’s HD Hyundai announced a $2 billion shipyard in Tamil Nadu, expected to generate tens of thousands of jobs and strengthen India’s industrial base. Despite these developments, India’s global shipbuilding share has fallen from 0.15% in 2014 to 0.06% in 2024, while China surged to 54.57% and South Korea also expanded. Prime Minister Narendra Modi, at India Maritime Week 2025, emphasized building a domestic fleet and granting large ships infrastructure asset status to encourage growth. Private shipyards are currently outpacing public ones, reflecting the need for reforms and investment to scale up production. Together, international partnerships and government initiatives signal India’s ambition to become a major global player in shipbuilding by 2047.
