Budget 2022: Boosting consumption key
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After a dip in FY21 due to Covid-19-induced lockdowns, per capita GDP increased again in FY22 as economic activity picked up pace. Per capita consumption expenditure, a key indicator of household spending, also contracted in FY21, before regaining momentum in FY22. However, the government needs to boost consumption to accelerate further growth.
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September 2025
2025 is shaping up to be the year of electric car sales. In a first, India’s electric vehicles (EV) industry crossed the sales milestone of 100,000 units in FY25, fuelled by a slew of launches by major players, including Tata Motors, M&M, Ashok Leyland, JSW MG Motor, Hyundai, BMW, and Mercedes-Benz. The issue also looks at the challenges ahead for Tata Sons chairman N. Chandrasekaran in his third term, and India’s possible responses to U.S. president Donald Trump’s 50% tariff on Indian goods. Read these compelling stories in the latest issue of Fortune India.