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] Amazon announced plans to invest $35 billion in India by 2030, with stated goals including expansion of AI capabilities, boosting exports, expanding logistics infrastructure, and creating jobs. News, Events, Advertising Options
• [New] Local innovation: With more capital and compute located in-country, Indian startups can build next-generation products with lower latency and regulatory compliance, which could boost India as an AI exporter. News, Events, Advertising Options
• [New] Startup opportunity: Local AI infrastructure lowers friction for startups to build compute-heavy products (vision, speech, large-language applications) - a structural tailwind for Indian founder communities. News, Events, Advertising Options
• [New] By 2035, AI could contribute USD 500-600 billion to India's economy. CX Quest
• [New] AI will not sit on top of India's cloud infrastructure; AI will define it. CX Quest
• [New] Cloud infrastructure will evolve beyond compute and storage into the central nervous system of India's digital competitiveness. CX Quest
• [New] With a US-Russia deal likely in the coming weeks, India risks being edged out of high-value economic opportunities it already has but seems willing to forego for the sake of keeping Trump on its side. Newslaundry
• [New] CRISIL revised India's GDP growth forecast to 7% for the current financial year, citing stronger-than-expected 8% growth in the first half, driven mainly by robust private consumption, manufacturing, and services. Ambitious Baba
• [New] India's economy expanded at a sharper-than-expected clip of 8.2% in the July-September quarter, prompting analysts to raise their full-year growth estimates to above 7%. New India Abroad
• [New] India Scenario: India's circular economy potential is estimated at $2 trillion and 10 million jobs by 2050, with a current focus on waste management and recycling. PMF IAS
• [New] India's timeline now includes the Bharatiya Antariksh Station by 2035 and a target of landing its own astronauts on the moon by 2040. CryptoRank
• [New] India is advancing a long-term plan to strengthen its presence in space as part of its goal to become a developed economy by 2047. CryptoRank
• [New] Prime Minister Narendra Modi has intensified efforts to bring India shoulder to shoulder with China, which already operates its own space station and aims to send astronauts to the moon by 2030. Outlook Business
• [New] Russia has said it wants to import more Indian goods in an effort to grow trade to $100 billion by 2030. Australian Broadcasting Corporation
• [New] Plastic emissions in coastal habitats may increase by more than 50% by 2030 if present trends continue. / India India Water Portal
• [New] India's imports of Russian crude are expected to plunge to a near four-year low early 2026, after months of US pressure. Bloomberg
• [New] Deliveries of Russian oil to India are projected to decrease to around 600,000 barrels per day next month. The Times Of India
• [New] Canada is fast-tracking a previously stalled trade agreement with India and pushing for a free trade agreement with the entirety of ASEAN by the end of 2026. Business Insider
• [New] India is rapidly modernizing its logistics infrastructure, with the National Logistics Policy aiming to reduce freight costs from 13% to 8% of GDP by 2030. Market Data Forecast
• [New] India, MENA, and Southeast Asia are projected to grow the fastest in terms of revenue and gamer numbers through 2029. GAM3S.GG
• [New] India is preparing to launch its very own Rupee-backed stablecoin sometime in Q1 2026. Yahoo Finance

Last updated: 14 December 2025