π’ Economy & Policy
- India removes cotton import duty β Govt offers temporary relief to garment industry as cotton costs bite into margins.
- Small cars may get cheaper π β HSBC says cutting GST from 28% to 20% could reduce prices by up to 8%.
- GST rationalisation impact β Morgan Stanley estimates structural reform could add 0.5β0.6% to Indiaβs GDP.
π» Technology & Manufacturing
- Semiconductors boom β Indiaβs semiconductor market projected to triple to \$100 bn by 2032, driven by electronics and EVs.
- HP expands in India β Plans to double manufacturing under PLI 2.0 and scale output by 35% in coming years.
π¨ Companies & Industry
- Amazon India hiring spree β To add 1,50,000 workers for festive season sales surge.
- Indian Hotels expands β Signs 10 new Ginger hotels in South India to strengthen mid-scale presence.
