Page 25 - NIS English 01-15 July,2025

Economy | COVER STORY

Strong foundations of ‘Growthed’ India’s total exports have
Indian industry raised an all-time high of Rs been growing steadily over
n
1,62,387 crore through IPO in 2024-25. the last decade
The number of retail investors increased to 13.2
n Total Exports Services Exports
crore in December 2024, it was 4.9 crore in 2020.
This rapid growth reflects strong confidence in
India’s long-term economic potential. Billion Dollars

The national highway 160 Billion Dollars Billion Dollars Billion Dollars
extension increased
from 91,287 km in operational airports 387.5
2014 to 1,46,204 km by in the country. 466.22 824.9 152
March 2025. This includes 145
airports, 2 water 2013-14 2024-25 2013-14 2024-25
aerodromes, and 13
heliports. Defence 34 times increase over
Exports the last decade,

now being shipped to nearly
Keeping the tax rate at 15% till 2024 for new Crore Rupees Indian defence products are
n Crore Rupees
manufacturing units and tax incentives for startups 100 countries, reflecting
for one year, boosted sectors that have flourished 686 23,622 India’s growing reputation as
in the last few years, and created employment. a global supplier of strategic
2013-14 2024-25 defence equipment.
n The gross non-performing asset (GNPA) ratio of
scheduled commercial banks (SCBs) fell to a 12-
year low of 2.6% in December 2024. India has become a global
manufacturing hub from a
32% jump in electronic goods Millions of mobiles were made Millions were mobile importer
exports, topping $38
billion in 2024-25.

$374.1 billion was India’s non- 60 330 made almost 5 times
Increase of
petroleum exports in FY 2024-
25, which is an all-time high 2014-15 2023-24

Let us take a pledge that wherever
possible in our lives, we will give
priority to products made in the
country. This is not just a matter of
economic self-reliance, it is a sense of
participation in nation building.

- Narendra Modi, Prime Minister

July 1-15, 2025 || NEW INDIA SAMACHAR 23