Global Scans · India · Weekly Summary

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WHAT'S NEXT?: India's ambitions, particularly in technology and economic growth targets promise much from this populous country determined to be a world leader.

• [New] The global space economy is projected to reach $1 trillion by 2040, with India's share growing steadily as it expands into commercial markets. VentureLab
• [New] Skyroot's successful mission underscores India's growing expertise in affordable launch solutions and proves the potential of homegrown rocket technology. VentureLab
• [New] By fostering public-private partnerships and facilitating foreign investments, India's new space policies are set to unlock opportunities that could transform it into a top-tier global space economy. VentureLab
• [New] Pixxel's work in Earth-imaging satellites and Agnikul's small satellite launch vehicles illustrate a future where India's space companies will not only fulfil national needs but also compete globally, catering to international clients seeking economical space solutions. VentureLab
• [New] India is poised to sustain its robust growth trajectory in 2025, with a projected 6.8% economic expansion, an estimate echoed by Indian businesses. The Conference Board
• [New] Recognizing the escalating risks posed by climate change, including frequent heat waves, Indian companies are proactively integrating climate resilience and sustainability initiatives into their core business strategies. The Conference Board
• [New] Indian executives recognize upskilling as both a critical challenge and a vital opportunity, understanding that investing in workforce development is essential. The Conference Board
• [New] India will increase its liquid fuels consumption by 70,000 b/d this year and 170,000 b/d next year. EIA - Energy Information Administration
• [New] India's emissions are projected to increase by 1.4% - also slower than recent trends. Global Carbon Budget
• [New] Opportunity in India: With US-India ties deepening, India becomes a key alternative for tech manufacturing and export growth - potentially benefiting from capital reallocation away from China. Know Beyond
• [New] The fantasy sports userbase in India is expected to reach 300 million + by 2025, making it one of the fastest-growing segments of the digital economy. Appristine
• [New] The successful commissioning of India's first 3 MWh Vanadium Redox Flow Battery is expected to pave the way for indigenous energy storage solutions and grid-scale renewable integration. Indian Masterminds
• [New] India is experiencing explosive growth at a 21% CAGR and is projected to have 23.5 million gig workers by 2030, up from 7.7 million in 2020-21. The Interview Guys
• [New] India plans to triple rare earth magnet incentives to $788 million. Rare Earth Exchanges
• [New] Goldman Sachs' upgraded view of India aligns with similar moves by global institutions such as HSBC, which have also recognized India's potential for continued economic progress through reforms, stable governance, and innovation-led growth. The Milli Chronicle
• [New] The National Payments Corporation of India has rolled out a new UPI rule for 2025, and it's going to impact how millions of us make digital payments. utsalsi.org
• [New] GCoM, the largest global alliance of cities fighting climate change, will showcase success stories of climate action worldwide, including smart mobility in Shimla (India), floating infrastructure for sea-level rise in Belize City, and waste-to-biogas projects in Basse and Sekondi-Takoradi (Ghana). SCEWC 4 - 6 NOV 2025
• [New] Ongoing negative Indian Ocean Dipole conditions are forecast to continue during November (> 85% chances, according to the IRI forecast), raising the chances that below-average rainfall will continue to impact eastern East Africa during the short rains season. GEOGLAM Crop Monitor
• [New] Targeted interventions in hotspots such as India, Kazakhstan, and Turkey could reduce water conflicts by improving efficiency in material production. EurekAlert!
• [New] MASS will change how India thinks about transportation. Precedence Research
• [New] India's growth story and innovation ecosystem are expanding opportunities for collaboration across sectors. Gupta-Klinsky India Institute at Johns Hopkins Universi

Last updated: 16 November 2025