Global Scans · India · Weekly Summary

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 Indian Pharmaceutical industry is projected to reach USD 130 billion by 2030 from USD 60 billion in 2026, showing rising future demand of precision fermentation technology. Polaris
• [New] India has set a target of 500 GW of non-fossil energy capacity by 2030, including 100 GW from wind. POWER Magazine
• [New] India hosts 2,117 Global Capability Centers employing roughly 2.36 million professionals as of FY2026, and salaries there are projected to rise 9.0% in 2026. Slasify
• [New] China, India and other Asian economies are expected to remain the main drivers of oil demand growth next year, supported by air travel, road mobility and manufacturing activity. Ship & Bunker
• [New] Countries like China and India are statistically two of the world's largest oil importers and are expected to still amplify demand growth in 2026. Energies Media
• [New] Key Opportunity - Generics represent a compelling margin opportunity, accounting for over 90% of U.S. prescriptions and saving US$ 408 billion annually per AAM data, with India's 10,000+ Jan Aushadhi Kendras and EU biosimilar policy driving further volume growth. Persistence Market Research
• [New] Rates of smoking and tobacco use have halved in India this century, a positive trend that will have huge implications for a country where nearly one million people die from smoking each year. Positive News
• [New] If successful, the projects funded through Astrobase, SatSure and TM2SPACE could become key building blocks of India's future launch, satellite and AI-driven space infrastructure. Indian Masterminds
• [New] India opened its space sector to private participation in recent years, creating opportunities for startups to enter areas once dominated by government agencies. Indian Masterminds
• [New] A meaningful price reduction in India is not projected before late 2027 at the earliest, and only if global supply conditions improve. Innova Retail
• [New] China's influence will continue expanding through infrastructure financing, connectivity corridors, and strategic maritime access, while the U.S. will remain a critical actor through maritime power, support for India, and Indo-Pacific partnerships. Khabarhub
• [New] India will be a star performer in Asia, though growth will moderate to 6.5%. Yahoo! Finance
• [New] In the case of the Motuo megadam, any change in water flow will affect India and Bangladesh. Live Science
• [New] India, aiming for net-zero emissions by 2070, has allocated funds in its 2025 budget for SMR R&D and plans to commission at least five indigenously designed SMRs by 2033. Persistence Market Research
• [New] India views Nepal and Bhutan's hydropower as a vital balancing resource to enable it to achieve its target of 500 GW of non-fossil energy by 2030. ORF Middle East
• [New] Amazon said it will invest an additional $13 billion in India, expanding its cloud, AI, and digital infrastructure footprint in one of the world's most important technology markets. Tech Startups - Tech News, Tech Trends & Startup Fundin
• [New] Elsewhere in Asia, India is expected to maintain robust momentum, with GDP growth projected at around 7% in 2026, driven by its young population and strong domestic consumption. Vietnam+ (VietnamPlus)
• [New] Global Vehicle Production Growth: Emerging markets including India, ASEAN nations, and Brazil are accelerating vehicle production growth, with India's annual output projected to cross 6 million vehicles by 2030, all demanding locally assembled wiring harnesses. IMARC Group
• [New] The Bharatiya Antariksh Station, or BAS, is India's proposed space station and a major component of Space Vision 2047. KPs 21st Century IAS Academy
• [New] India alone is expected to add more than 8 million barrels per day of oil demand by 2050. investing.com
• [New] Indian aerospace companies are powered by a distinct philosophical framework that will uniquely enable them to scale global industrial empires sustainably. raksha-anirveda.com
• [New] A giant blob of abnormally cold water in the North Atlantic Ocean is shifting the Indian summer monsoon, threatening the livelihoods of more than 1 billion people. Live Science

Last updated: 05 July 2026