Expansions, layoffs, funding, leadership moves, and policy shifts — with our take on what it means for hiring in India, today and over the next five years.
India is on track to add a record 20 gigawatts of distributed renewable energy capacity in the current fiscal year, driven largely by rooftop solar schemes and solar pump programmes. Government initiatives targeting rural and urban households are expected to sustain this momentum well into the decade. Rising clean power demand from data centres is set to accelerate the buildout of utility-scale and round-the-clock renewable projects by 2032.
India's quick-service restaurant sector posted a meaningful turnaround in the April-June quarter after several difficult quarters of falling revenues and shrinking margins. The recovery was powered by a renewed focus on affordable meal offerings and deliberate expansion into smaller cities. Improved footfall and stronger daily sales figures across outlets signal that consumer demand is returning to the sector.
India's microfinance industry saw its total loan portfolio contract by four percent to ₹3.26 lakh crore as of June, reversing an earlier recovery. An erratic monsoon dampened rural borrower demand and pushed lenders toward greater caution. The combined effect has slowed the sector's growth momentum heading into the second quarter.