India’s Economy Shows Strength Amid Rising Industrial Production | PHDCCI

Ranjeet Mehta, CEO of PHDCCI, shares insights on India’s recent economic performance. With the IIP showing a 6.7% year-on-year growth in November and manufacturing up by 8%, the numbers indicate robust economic activity and resilience. Mehta emphasises the importance of continuous capital expenditure, simplified compliance for businesses, and timely financing for exporters to sustain growth. He also points out that formalisation is on the rise, with GST collections increasing by 6% year-on-year to 1.75 crore in December 2025. While geopolitical tensions and tariff impositions remain potential risks, India’s macroeconomic fundamentals continue to be strong, setting a positive trajectory for the future.