Page 3 - CII-ARTHA

Contents

1. FOREWORD 04

2. Focus Story 06

India’s Foreign Direct Investment Story: 07
Reform, Resilience and Rising Global Confidence
Attracting and Managing International Investment: 09
The Indian Approach
GIFT CITY-IFSC and India’s Global Financial Ambitions 13
Repositioning India in a Shifting Global FDI Landscape: 15
Trends, Challenges, and Strategic Priorities

3. Next in Focus 23

Strengthening India’s Economic Security: 24
Time to Broaden the Conversation

4. DOMESTIC TRENDS 27

Dealing with the West Asian Turmoil 28
A Truer Mirror for a Transformed Economy: 30
Why CPI Rebasing Matters for Indian Industry
India’s Private Capex Cycle: 32
Evidence of an Emerging Investment Revival
Corporate Sector Performance: Fast Revenue Growth, 39
But Cost Pressures Are Building
India’s Missing Women Workers: 43
The Participation Gap and the Policy Fix

5. State of States 53

State Finances in Transition: Deficits, Debt, and Fiscal Space 54
States as Drivers of Export: Insights from NITI Aayog’s 61
Export Preparedness Index

6. Global Trends 66

Global Economy in Transition: Uneven Growth, 67
Trade Realignment and Policy Divergence

7. SPECIAL ARTICLE 77

Bridging the Gap Between Trade Agreements and 78
Trade Outcomes in India