Indian economy growing at 9.2%: NITI CEO

23 Feb 2022 CW Team

On Monday, Niti Aayog CEO Amitabh Kant told the media that the Indian economy is growing at 9.2% and is likely to boost at similar rates in the following years.

He said the government's production linked incentive (PLI) scheme for sunrise sectors would include $520 billion to India's output in the coming five years and make India a part of the global supply chain.

The economy is rising at 9.2% and is likely to increase at similar rates in the coming years, and will be one of the fastest-growing large economies in the world.

Kant said that the nation has taken measures to increase efficiency and several reforms like GST, Insolvency & Bankruptcy Code, and lowering of corporate taxes.

All these reforms, he said, will assist in making India a global manufacturing champion and manufacturing hub.

Referring to the infra asset monetisation pipeline and PM Gati Shakti, Kant said that the combined effect of these would guarantee the development of a world-class infrastructure with the participation of both - the government and the private sector.

Image Source

Also read: Indian economy on fiscal consolidation path: Finance Minister

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

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..