Auto Sector Driving India's Ascent to 3rd Largest Economy

19 Jan 2024 CW Team

India's automotive sector is positioned as a key player propelling the nation towards becoming the world's third-largest economy. According to recent insights from top economic analysts, the robust performance of the auto industry plays a pivotal role in India's economic resurgence. The sector showcases impressive growth, contributing significantly to the nation's GDP. The link between the automotive sector and economic expansion is evident in the surge of investments, technological advancements, and increased production capacities. As India accelerates its path to becoming an economic powerhouse, the auto industry emerges as a driving force behind job creation and income generation. Notably, the sector's expansion has a ripple effect on various allied industries, fostering a comprehensive economic uplift. In the wake of global shifts towards sustainable practices, India's auto sector is embracing innovation, steering towards electric and eco-friendly solutions. This not only aligns with international trends but also positions India as a progressive player in the global economic landscape. As the wheels of the automotive industry turn, so does India's destiny towards achieving the coveted status of the world's third-largest economy. With a focus on quality, innovation, and sustainability, the auto sector stands as a testament to India's economic prowess and its commitment to a brighter, greener future.

Real Estate

06 Apr 2026

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..

India Real Estate Shifts to Institutional Capital

India’s real estate sector is undergoing a structural transformation, evolving from family-funded models into a globally integrated and institutionalised asset class, as highlighted at EXCELERATE 2026 organised by NAREDCO Maharashtra NextGen in Mumbai.The event saw participation from over 750 delegates, including investors, policymakers and industry leaders, who discussed the sector’s rapid evolution driven by urbanisation, regulatory transparency and innovative financing tools such as REITs and SM REITs.Dr Niranjan Hiranandani emphasised that urbanisation is expected to rise from 35 per c..

Dubai Q1 Property Sales Rise 23.4% in Value

Dubai’s real estate market recorded 47,996 sales transactions worth AED 176.7 billion in Q1 2026, marking a 5.5 per cent year-on-year rise in volume and a 23.4 per cent increase in value. As per a report by fäm Properties, the off-plan segment remained the key driver, accounting for 70 per cent of transaction volume and 71 per cent of total value, underlining the strong momentum of new project launches across the emirate.Data from DXBinteract showed that off-plan sales in March alone reached 10,303 transactions worth AED31.2 billion, up 5.4 per cent in volume and 8.9 per cent in value over ..