A Resilient and Growing Economy 📈
India's economy is a major story of resilience. The country is projected to be one of the
fastest-growing major economies in the world in 2025 and 2026. This growth is supported
by strong domestic demand and a booming services sector.
• Economic Outlook: The International Monetary Fund (IMF) and other organizations
project a steady expansion for the Indian economy. The inflation rate has eased
significantly, providing relief to households and boosting consumer confidence and
spending.
• Trade Challenges: Despite this positive outlook, the economy faces external
challenges, including a rise in global trade tensions and tariffs. The US, for
example, has imposed high tariffs on certain Indian goods, which could impact
exports in labor-intensive sectors like textiles. In response, India is focusing on
diversifying its markets and strengthening domestic supply chains.
Scientific and Technological Prowess 🚀
India's space program and its advancements in other fields of science and technology are a
source of national pride and global recognition.
• Space Exploration: The Indian Space Research Organisation (ISRO) has
cemented India's position as a major space power. The Chandrayaan-3 mission
successfully made India the first country to land a spacecraft near the Moon's south
pole. The country is also making progress with the Gaganyaan mission, which aims
to send Indian astronauts into space.
• Defense and Nuclear Technology: India has been focusing on indigenization in its
defense sector, with achievements like the development of the Tejas fighter jet and
the commissioning of the aircraft carrier INS Vikrant. The country is also a key
player in nuclear technology, with operational fission reactors and a growing program
for fusion energy.
• Biotechnology: In biotechnology, India has become a leading global hub for vaccine
production. The country's research has led to the development of its own COVID-19
vaccine, Covaxin, and other indigenous vaccines for various diseases.
Evolving Geopolitical and Political Landscape 🗺️
India is navigating a complex and shifting geopolitical landscape, positioning itself as a key
player in a multipolar world.
• Foreign Relations: India's foreign policy is focused on maintaining strategic
autonomy and forging new partnerships. The country is actively involved in dialogues
with major global powers, including the US, Russia, and China. This is part of a
broader effort to diversify its alliances and strengthen its position in a world with
competing interests.
• Domestic Politics: The country's democratic process continues to evolve, with recent
elections and ongoing debates shaping the political landscape. The Supreme Court
plays a crucial role in upholding legal and constitutional principles, as seen in its
landmark ruling on the rights of crime victims to appeal acquittal orders.
