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Startup Milestone, MSME Reform, G7 Ties & ₹43,000 Cr Projects — India’s Growth Picks Pace
TICE News Update | June 26, 2025
India’s startup landscape, infrastructure push, and global economic influence are scaling new heights. The country’s innovation and growth engine continues to accelerate. In today’s top updates, DPIIT reviews critical infrastructure projects, President Droupadi Murmu prepares to lead MSME Day 2025 celebrations, India deepens trade ties with the G7, and the startup ecosystem hits a historic milestone.
DPIIT Fast-Tracks ₹43,400 Cr Infra Projects in Northeast and Jharkhand
The Department for Promotion of Industry and Internal Trade (DPIIT) has accelerated the implementation of major infrastructure projects in Jharkhand, Sikkim, Nagaland, Assam, and Arunachal Pradesh following a high-level review meeting on June 24, chaired by DPIIT Secretary Amardeep Singh Bhatia.
In Jharkhand, 18 issues across 11 projects worth ₹34,213 crore were reviewed, including the flagship Patratu Thermal Power Station Phase-I, which will add 2,400 MW capacity using supercritical technology. Sikkim addressed project issues worth ₹943.04 crore, while Nagaland reviewed projects worth ₹544.65 crore, including the Kohima Bypass Road by NHIDCL.
DPIIT also examined a ₹6,700 crore regional connectivity project in Assam and seven key issues in Arunachal Pradesh, including the 2,880 MW Dibang Hydropower Project—India’s tallest dam—expected to generate 11,223 MU of clean energy annually. The review also included GeoEnpro Petroleum’s ₹1,000 crore private investment in the region’s energy sector.
DPIIT reaffirmed its commitment to regularly monitor strategic projects and resolve policy hurdles through coordinated action with central ministries and state governments.
President Murmu to Launch ODR Portal, Stamp, and Hackathon on MSME Day 2025
President Droupadi Murmu will lead the MSME Day 2025 – Udyami Bharat celebrations on June 27 at Vigyan Bhawan, New Delhi, marking a renewed national push for MSME innovation, justice, and empowerment.
The event will feature the launch of a digital Online Dispute Resolution (ODR) Portal to resolve delayed payments for Micro and Small Enterprises (MSEs). A commemorative stamp will mark 25 years of CGTMSE, which has enabled ₹9.80 lakh crore in credit guarantees, including a record ₹3 lakh crore in FY 2024–25.
President Murmu will also unveil MSME Hackathon 5.0, announce Hackathon 4.0 results, and release two key publications—‘MSME Patrika’ and ‘Know Your Lender’, aimed at enhancing credit literacy among entrepreneurs.
With 6.3 crore MSMEs contributing nearly 30% to India’s GDP and 48% of exports, the event underscores the government’s commitment to an inclusive and digitally empowered MSME ecosystem.
India Surpasses G7 in Growth: PHDCCI Maps New Global Trade Role
India is redefining global trade dynamics with G7 nations, as outlined in a new report by PHDCCI titled “Population, Productivity, Partnership: Rethinking G7-India Collaboration.” The report highlights India’s 8% average GDP growth between 2021–2024, the highest among G7 and emerging economies, with 6%+ growth projected through 2029.
India’s share in global GDP (PPP) rose from 7% in 2020 to 8.3% in 2024, with a forecast of 9% by 2029. Bilateral trade with G7 nations surged 61%, from $154 billion in FY21 to $248 billion in FY25, reflecting rising global competitiveness.
The report also analyzes PM Modi’s participation at the G7 Outreach Summit in Canada, spotlighting India’s leadership in clean energy, AI, and Digital Public Infrastructure. Future G7 collaboration areas include climate finance, resilient supply chains, green energy, and Indo-Pacific maritime security.
India’s youthful workforce, structural reforms, and expanding global partnerships position it as a key driver of inclusive, sustainable global growth.
India Crosses 1.80 Lakh Startups: DPIIT Marks Explosive Growth
India’s startup ecosystem has crossed a historic milestone, with over 1.80 lakh startups recognized by DPIIT—up from just 350 in 2014. These startups have collectively generated 17.6 lakh jobs, with 40% emerging from Tier 2–3 citiesand 48% led by women directors, underscoring inclusive, grassroots-driven growth.
The BHASKAR platform now supports over 5.67 lakh users, while regulatory enablers like self-certification, 90-day exit, and funding schemes such as SISFS (₹945 crore) and FFS (₹10,000 crore) are powering the next wave of innovation.
India is also witnessing a sharp rise in deep tech and biotech startups. Over 100 GenAI startups have raised $600 million since 2019, and the biotech sector has grown from 50 to over 9,000 startups in a decade.
The unicorn count has surged to 118, up from just 4 in 2014. By 2030, India is projected to have over 150 fintech unicorns with a potential combined valuation of $500 billion, firmly establishing itself as a global innovation powerhouse.
From startup growth to infrastructure acceleration and global trade leadership, India’s economic momentum continues to rise. Stay with TICE for daily insights into the ideas, policies, and entrepreneurs powering New India’s future.