Page 49 - NIS English 1-15 June, 2026
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Empowered India                                           Cover Story

                                                                                              Years
                                                                                       of Vikas Yatra





                A New Flight of Development, Trust, and Self-Reliance


                    Today, India is scaling new heights of  self-reliance, innovation, and inclusive development. The digital revolution,
                 infrastructure expansion, women’s empowerment, and youth leadership have secured a strong place for the country on the
                 global stage. ‘Empowered India’ is no longer merely a dream; it has become a living testament to the collective efforts and
                                resolve of  millions of  Indians—writing a new narrative of  development and trust.



                                                          Growth in     Defence Production        India in the
               Key Facts about                        Defence Exports       (Figures in Rs Lakh   Space Sector
               Empowered India...                     (Figures                   crore)         Registered Startups
                                                      in Rs
               n  India has remained the world’s 2nd-  crore)                           1.54      1     400
                 largest steel producer since 2018. In              38,424                             to over
                 2014, India’s share of global production                       0.46            2014     just
                 stood at 5.2%, which has risen to 7.9%     1,941
                 in 2024.                                                                      Foreign Satellites
               n  The ‘Pharmacy of the World’: Today,   2014-15 2025-26     2014-15 2024-25     Out of the 434 foreign
                 India ranks as the world’s third-largest   Indian Semiconductor   India’s      satellites launched by
                 pharmaceutical producer by volume             Market              Total        ISRO, 399 have been
                 and the 11th-largest by value. In      (Figures in               Exports       launched since 2014.
                 2024-25, the sector recorded an annual   billion dollars)       (Figures in    These launches have
                 turnover of ₹4.72 lakh crore.                              100-110  US$ billion)  generated revenue of

               n  Approximately 65% of defense                      45-50                       approximately 323
                                                                                                million Euros and 233
                 equipment is now being manufactured        38                                  million US Dollars for
                 domestically, whereas previously, about                             466.22  860.09  India.
                 65–70% was imported.
                                                         2023 2024-25    2030                   India’s space
               n  Today, India supplies one-fifth of the                                        economy has
                                                              India
                 world’s total generic medicines and      Home to the                           reached a
                 provides over half of the vaccines   World’s Second-Larg-                      value of
                 required by UNICEF.                   est Road Network             2014-15  2025-26  approximately
               n  Through initiatives such as ‘Shakti’,   Expansion of the National Highway Network  $8.4 billion.
                 medical tourism, and the export of   March 2014  91,287 km
                 high-quality medicines, India is on track   February
                 to emerge as a $300 billion biopharma   2026                      Fastest-Growing Economy
                 superpower.                                1,46,572 km           World Bank Projection: India’s economy is

               n  Over the past few years, India has                            projected to grow at a rate of approx 6.6% in
                 expanded its Free Trade Agreement                                                           2026-27.
                 (FTA) network, signing nine                           According to the World Economic Outlook 2026, India’s
                 agreements with 38 countries.
                                                                   growth rate is projected at 6.5%, while the projections stand at
               n  For the first time, India hosted the         1.8% for developed nations, 3.9% for developing nations, and 3.1%
                 meetings of the ISO International                                      for the global economy as a whole.
                 Subcommittee on ‘Space Systems and
                 Operations’.


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