United Breweries Share Price in Focus Ahead of Its Earnings

United Breweries Limited (UBL) is a leading player in the Indian beer market, manufacturing and marketing popular brands like Kingfisher Premium, Bullet, Heineken Silver, and Kingfisher Ultra. With a strong domestic presence, the company also exports to over 50 countries, including Hong Kong, Singapore, and Australia. UBL operates 19 breweries across India and has 12 contract brewing arrangements.

However, the company recently found itself in the spotlight due to a pricing dispute with Telangana Beverages Corporation Ltd. (TGBCL), leading to a temporary halt in beer supplies and affecting its stock performance.

United Breweries Share Price Movement

As of 10:44 AM on February 11, 2025, UBL’s share price was down 0.67%. The stock has witnessed a decline of nearly 5% in February so far, reflecting investor concerns over recent developments, particularly the dispute with TGBCL.

Temporary Suspension of Beer Supply to Telangana

On January 8, 2025, UBL announced its decision to suspend beer supplies to TGBCL with immediate effect. The primary reasons cited were:

  • Unchanged Pricing Since 2019-20: TGBCL had not revised the basic price of UBL’s beer for several years, despite rising input costs.
  • Unpaid Dues: The company had outstanding receivables of ₹900-950 crore from TGBCL, leading to increased working capital requirements.
  • Impact on Profitability: Given the significant volume of sales attributed to TGBCL, UBL’s margins were under pressure.

UBL had been negotiating for a price revision since 2020-21, but no agreement had been reached, prompting the company to take this drastic step.

Resumption of Supplies to TGBCL

After a series of discussions, UBL announced that it would resume supply to TGBCL with immediate effect. The decision was based on constructive talks, during which TGBCL assured UBL of addressing pricing concerns and clearing outstanding payments in a time-bound manner.

UBL stated in an exchange filing: “This is an interim decision in the interest of consumers, workers, and stakeholders. We will continue to engage with TGBCL to find a sustainable resolution.”

While this move brings temporary relief, investors and market participants will closely monitor whether TGBCL follows through on its commitments.

On January 12, the CM of Telangana ordered the finance department to clear pending bills through the excise department to liquor manufacturers.

As per a news report on February 11, 2025, the state government has increased beer prices by 15% after allowing Telangana Beverages Corporation Limited (TGBCL) to implement the recommendations of the Price-Fixing Committee (PFC).

Upcoming Financial Results Announcement

Apart from the TGBCL issue, UBL’s Board of Directors is set to meet on February 13, 2025, to approve the unaudited standalone and consolidated financial results for the quarter and year-to-date ending December 31, 2024. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Bondada Engineering Secures Key Order from South Central Railways for Kavach Project

Bondada Engineering Limited, a company known for its expertise in telecom and renewable energy solutions, has taken a significant step into the railway sector. The company has received a Letter of Award (LoA) from South Central Railways, marking its first major contract in this domain. This expansion aligns with its vision of diversification and innovation, further reinforcing its industry presence.

The share price of Bondada Engineering was trading in the green, up by 0.63%, as of 11:19 AM on February 11, 2025.

Details of the South Central Railways Order

The awarded contract involves ground infrastructure works for the provision of Kavach, an advanced train protection system, alongside 4G LTE-R high-density network installation and pile foundation for towers. The scope of the order highlights Bondada Engineering’s capabilities in executing large-scale infrastructure projects within the railway sector.

Key Terms of the Contract

  • Awarding Entity: South Central Railways
  • Nature of Work: Infrastructure works for Kavach and 4G LTE-R network
  • Project Execution Timeline: 720 days from the appointed date
  • Order Value: ₹228.17 crore (including GST)
  • Domestic Contract: The project is awarded by an Indian entity and is not classified as an international contract.
  • No Related Party Transactions: The order does not involve any promoter or group company interests.

What is the Kavach Project?

Kavach is an indigenous train protection system developed to enhance railway safety by preventing collisions, overspeeding, and signal-passing errors. The system employs automatic braking mechanisms and real-time communication networks to ensure smooth and secure train operations. With Indian Railways prioritising safety initiatives, the Kavach project is set to play a crucial role in modernising railway infrastructure.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Who Owns The Indian Stock Market and Which Market Cap Where Do They Invest In?

Ownership in the Indian stock market is shifting. Foreign investors, once the dominant force, are reducing their stakes, while domestic institutional investors (DIIs) and retail investors are increasing their share. The latest data from December 2024 gives a clearer picture of these changes.

Foreign Investors Stake

Foreign Portfolio Investors (FPIs) pulled out $12 billion from Indian equities in Q4 2024, bringing their stake in the top 500 NSE-listed companies down to 18.8%, the lowest in 12 years.

However, they are not entirely exiting. While their holdings in Nifty 50 declined, their investments in midcaps and small caps grew.

FII Stake Nifty 50 Midcap 100 Small Caps
Dec 2023 25.8% 15.8% 11.9%
Dec 2024 24.3% 16.2% 12.5%

Midcap holdings increased by 45 basis points (bps) YoY, while small-cap allocations rose by 60 bps.

DIIs Increase Their Share in the Market

As FPIs cut their exposure, DIIs expanded theirs, reaching a record 17.9% stake in the top 500 companies. Mutual funds, a key part of DIIs, saw their ownership cross 10.7% for the first time.

DII Stake Nifty 50 Midcap 100 Small Caps
Dec 2023 19.8% 16% 12.1%
Dec 2024 21.9% 17% 12.8%

The Nifty 50 saw a 200-bps increase YoY, midcaps gained 100 bps, and small caps rose 70 bps.

Retail Investors Stick to Small Caps

Retail investors maintained a steady 8.8% stake in the market. However, their small-cap exposure increased by 20 bps to 9.4%, while their holdings in Nifty 50 (6.9%) and midcaps (9.7%) remained stable in the December Quarter.

FPI Sell-Off Continues in 2025

January 2025 saw further FPI selling, with ₹78,000 crore worth of equities offloaded. By February 10, 2025, an additional ₹7,342 crore had been sold.

Since October 2024, total FPI outflows have reached ₹1.7 lakh crore, with January seeing selling pressure on 22 out of 23 trading days.

Sectors Affected by FII Buying & Selling

Some sectors saw heavy selling by FIIs in January 2025:

  • BFSI: $2.8 billion outflow
  • IT: $747 million outflow
  • Oil & Gas: $182 million outflow
  • Automobiles: $672 million outflow

On the other hand, some sectors saw minor inflows:

  • Chemicals: $41 million inflow
  • Media: $20 million inflow
  • Telecom: $16 million inflow

FII Ownership Hits a Decade Low

FII shareholding in Indian equities has been falling for a decade, from 20.2% in January 2015 to 16.0% in January 2025. Their Equity Assets Under Custody (AUC) also dropped to ₹67.7 lakh crore in January 2025, down 5% from ₹71.1 lakh Crore in December 2024

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

India Energy Week 2025 – ‘Panchamrit’: India’s 5-Point Pledge Towards Climate Change

India Energy Week (IEW) 2025 has officially commenced at Yashobhoomi, Dwarka, New Delhi, from February 11th to 14th, 2025. As one of the most anticipated global energy events, it brings together industry leaders, policymakers, innovators, and professionals to shape the future of energy.

With over 700 global exhibitors and 70,000+ attendees, the event serves as a platform for high-level discussions, strategic networking, and knowledge sharing, aimed at fostering collaborations across the energy sector.

Key Discussions at India Energy Week 2025

The conference features thought-provoking sessions led by global energy leaders, policymakers, and experts. Some of the key themes include:

  • Energy Security: Ensuring stable, affordable, and accessible energy for all.
  • Sustainability: Transitioning to a low-carbon future through renewable energy and clean technologies.
  • Emerging Technologies: Innovations in hydrogen, biofuels, carbon capture, and digital transformation.
  • Global Energy Transition: Addressing the challenges and opportunities in shifting to cleaner energy sources.

India’s Growing Energy Demand and Its Global Impact

As the 3rd largest energy consumer in the world, India’s energy landscape is crucial in shaping global energy trends. With a rapidly growing economy and expanding population, India is projected to witness the highest increase in energy demand globally.

Under the leadership of Prime Minister Narendra Modi, India has laid out ambitious plans to achieve a greener and more sustainable energy future. These plans focus on balancing economic growth while addressing the challenges of climate change.

Massive Investments in India’s Energy Sector

India is making unprecedented investments across the entire energy supply chain to achieve its energy security and sustainability goals. Some key investment areas include:

  • Green Hydrogen: $2.3 billion investment by 2030 to boost production, usage, and exports.
  • Natural Gas & LNG: $67 billion for new gas infrastructure, including pipelines, LNG terminals, storage, CBG plants, and city gas distribution.
  • Renewable Energy: $25 billion allocated for renewable energy projects in 2023 alone.
  • Refining & Petrochemicals: $30 billion to be invested by 2030 in refining and petrochemical expansions.
  • Exploration & Production: $100 billion investment by 2030 to enhance India’s domestic energy output.
  • Ethanol Blending Plants: $4 billion for setting up 1G/2G dedicated ethanol plants by 2024-25.

‘Panchamrit’: India’s Five-Point Pledge Towards Climate Change

At COP26, India announced its ‘Panchamrit’ strategy, a 5-point commitment towards mitigating climate change. These pledges reaffirm India’s dedication to achieving a sustainable and resilient energy future:

  1. 500 GW Non-Fossil Fuel Capacity by 2030: India aims to install 500 GW of non-fossil fuel energy capacity.
  2. 50% Energy from Renewables by 2030: Half of India’s total energy needs will come from renewable sources.
  3. One Billion Tonne Carbon Reduction: India will reduce carbon emissions by 1 billion tonnes by 2030.
  4. 45% Reduction in Carbon Intensity: India will lower the carbon intensity of its economy by at least 45% by 2030.
  5. Net-Zero Target by 2070: India is committed to achieving net-zero carbon emissions by 2070.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

How to Activate UAN: Deadline Extended Till February 15

The Universal Account Number (UAN) is a 12-digit unique identifier assigned by the Employees’ Provident Fund Organisation (EPFO) under the Ministry of Labour and Employment, Government of India. The UAN remains constant throughout an employee’s career, ensuring that all provident fund (PF) accounts across different employers are linked under one unique number. This allows for seamless management of EPF contributions, withdrawals, and transfers.

When an employee changes jobs, the EPFO assigns a new member ID that is linked to their existing UAN. This mechanism prevents multiple PF accounts and simplifies access to EPF benefits.

Why is UAN Activation Important?

Activating UAN is mandatory for employees seeking benefits under the Employment Linked Incentive (ELI) Scheme. The Government of India introduced this scheme in 2024 to incentivise first-time employment. EPFO enrolment and UAN activation are essential to receive the subsidy under the scheme.

To facilitate participation, EPFO has extended the deadline for UAN activation and Aadhaar-linked bank accounts to February 15, 2025.

How to Activate UAN Online?

Employees can activate their UAN through the EPFO portal by following these steps:

  1. Visit the EPFO Portal: Go to the official EPFO/UAN Member Portal.
  2. Click ‘Activate UAN’: This option is available under the ‘Important Links’ section.
  3. Provide Details: Enter your UAN, Aadhaar number, name, date of birth, mobile number, and captcha code.
  4. Authorisation PIN: Tick the consent box and click ‘Get Authorisation PIN’.
  5. Verify Details: Review the displayed information to ensure accuracy.
  6. OTP Verification: Tick the ‘I Agree’ checkbox and enter the OTP received on your registered mobile number.
  7. Activation Confirmation: Once the OTP is validated, your UAN will be activated, and a password will be sent to your registered mobile number for future logins.

How to Log in to the EPFO Portal Using UAN?

Once UAN is activated, employees can access EPF services through the EPFO Member e-Sewa Portal:

  1. Go to the EPFO/UAN portal.
  2. Enter your UAN and password (sent to your registered mobile number).
  3. Solve the captcha and click ‘Sign In’.
  4. Reset your password (optional) for enhanced security.

How to Activate UAN Using Aadhaar-based OTP?

Alternatively, UAN activation can be completed using an Aadhaar-based OTP:

  1. Visit the EPFO Member Portal.
  2. Select ‘Activate UAN’ under the ‘Important Links’ section.
  3. Provide Details: Enter your UAN, Aadhaar number, full name, date of birth, and Aadhaar-linked mobile number.
  4. Ensure Aadhaar-Mobile Linkage: Make sure your mobile number is linked with Aadhaar for authentication.
  5. Consent to OTP Verification: Accept the Aadhaar-based OTP verification.
  6. Generate OTP: Click ‘Get Authorisation PIN’ to receive an OTP on your Aadhaar-registered mobile number.
  7. Finalise Activation: Enter the received OTP to complete the process.
  8. Receive Login Credentials: A password will be sent to your registered mobile number for future access.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Mumbai Indians Expand Global Footprint with Oval Invincibles Partnership

Mumbai Indians (MI), the franchise owned by Reliance Industries Limited (RIL), has expanded its global cricket footprint by partnering with Oval Invincibles, the London-based franchise in The Hundred. This latest addition strengthens MI’s presence in international cricket, now boasting seven teams across 4 continents and 5 countries in both men’s and women’s formats.

Strengthening a Global Cricketing Legacy

Mumbai Indians, through its subsidiary RISE Worldwide, secured a successful bid to acquire a 49% stake in Oval Invincibles. This move further cements MI’s position as one of the most dominant global cricketing franchises, adding to its roster of teams in India, New York, the UAE, South Africa, and now England. The transaction is subject to customary due diligence and documentation.

The Oval Invincibles men’s team has been a formidable force in The Hundred, winning consecutive titles in 2023 and 2024, while the women’s squad claimed championship victories in 2021 and 2022. Their inclusion into the MI family adds to the franchise’s illustrious record of success.

Expanding the MI Fan Base

Mrs Nita M. Ambani, speaking on the partnership, stated, “Cricket is more than just a sport; it’s a passion that unites people across geographies and cultures. Welcoming Oval Invincibles into the Mumbai Indians family is a proud and special moment. With this partnership, we expand our MI fan base across India, New York, the UAE, South Africa, and now England – ushering in a new chapter of our global cricketing journey.”

Akash M. Ambani, MI owner, echoed this sentiment, highlighting the historic significance of The Oval in cricket history. “England, with its rich cricketing culture, has always been special to the game. To have the iconic Oval as our home venue is truly special. By leveraging our global cricket expertise, we aim to further elevate the teams, engage with fans, and expand our footprint in the sport we love.”

A Strategic Partnership with Surrey CCC

Surrey County Cricket Club (CCC), the organisation behind Oval Invincibles, welcomed the partnership, with Chairman Oli Slipper noting, “We wanted the best partner to ensure that Surrey continues to lead the way in English cricket, and in Mumbai Indians, that is what we have got. Their expertise and global reach will help us grow on and off the field.”

Mumbai Indians

Mumbai Indians’ journey has been marked by sustained excellence. With 5 IPL championships, 2 Champions League titles, and victories in major T20 leagues such as the Women’s Premier League (WPL), SA20, and ILT20, MI has become synonymous with success in franchise cricket. The addition of Oval Invincibles reinforces their commitment to growing the game on a global scale.

As MI continues to expand its presence, this partnership signals a new era of collaboration between Indian and English cricket, promising to bring exciting opportunities for players and fans alike.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Dynamatic Technologies and Deutsche Aircraft Strengthen Ties at Aero India 2025

Dynamatic Technologies Limited, a leading aerostructure manufacturer in South Asia, has joined forces with Deutsche Aircraft, a regional aircraft OEM, at Aero India 2025. This collaboration not only strengthens Deutsche Aircraft’s supply chain resilience but also aligns with India’s “Make in India” initiative, further reinforcing the country’s growing presence in the global aerospace sector.

The share price of Dynamatic Technologies was trading down by 1.42% as of 10:25 AM on February 11, 2025.

Advancing Regional Aviation with the D328eco

As India emerges as a key hub for regional aviation, Deutsche Aircraft is accelerating the development of its D328eco®, a 40-seat turboprop aircraft designed for enhanced connectivity, sustainability, and economic efficiency. Featuring a fuel-efficient engine and state-of-the-art avionics, the D328eco aligns seamlessly with India’s UDAN scheme, which aims to improve air connectivity to Tier 2 and Tier 3 cities.

The aircraft’s versatile design enables its use in multiple roles, including passenger transport, cargo, and specialised mission operations. Through its partnership with Dynamatic Technologies, Deutsche Aircraft is bolstering its manufacturing ecosystem while reaffirming its commitment to India’s aviation sector.

Manufacturing Excellence in India

Last year, Dynamatic Technologies and Deutsche Aircraft entered a strategic partnership for the manufacturing of the rear fuselage of the D328eco. This initiative is expected to create significant employment opportunities while enhancing India’s aerospace manufacturing capabilities.

Recent progress in rear fuselage production demonstrates that the project remains on track, capitalising on India’s robust design and manufacturing ecosystem. A key milestone was recently achieved with the successful completion of the critical process review and tooling critical design review, marking significant progress towards full-scale production.

Commitment to Sustainable Aviation

The D328eco is poised to revolutionise regional air travel, offering a spacious cabin, exceptional performance, and a reduced carbon footprint. With sustainability being a key focus, both Dynamatic Technologies and Deutsche Aircraft are committed to ensuring that the aircraft meets the highest environmental standards while maintaining operational efficiency.

Speaking about the collaboration, Udayant Malhoutra, CEO and Managing Director of Dynamatic Technologies Limited, stated:“The D328eco, with its cutting-edge fuel efficiency and reduced carbon footprint, will be the preferred choice for regional airliners worldwide. Dynamatic Technologies, responsible for manufacturing the rear fuselage, showcases India’s aerospace capabilities on a global scale through world-class engineering and precision manufacturing.This initiative has strengthened the ‘Make in India’ movement, generating high-skilled jobs and fostering a thriving aerospace ecosystem in the country.”

Nico Neumann, Co-CEO of Deutsche Aircraft, echoed this sentiment, adding:“The D328eco is a testament to the power of global collaboration in advancing sustainable aviation. By leveraging world-class engineering and precision manufacturing in India, we are not only reducing the carbon footprint of regional aviation but also contributing to the ‘Make in India’ initiative—creating high-skilled jobs and strengthening the country’s aerospace ecosystem.”

Engagement at Aero India 2025

Dynamatic Technologies and Deutsche Aircraft are actively participating in Aero India 2025, hosting discussions with industry stakeholders and showcasing their collaboration at Chalet No. 40. This event provides an opportunity for attendees to learn more about the future of regional aviation and how India is playing an integral role in its evolution.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Electric Vehicle (EV) Sales Surge 17% in January 2025: FADA Data

Electric vehicle (EV) sales in India continued their upward trajectory in January 2025, as per data from the Federation of Automobile Dealers Associations (FADA). The industry registered a total of 1,69,931 units, marking a 17.1% year-on-year (YoY) increase and a 19.4% month-on-month (MoM) rise.

This growth was driven primarily by passenger EVs and two-wheelers, while commercial vehicles and 3-wheelers saw relatively slower expansion. Leading manufacturers such as Ola Electric, Tata Motors, and Mahindra & Mahindra recorded strong performances in their respective segments. However, some brands experienced a dip in sales compared to the previous year.

Segment-Wise Performance: 2-Wheelers and SUVs Take the Lead

  • Passenger EVs: The segment witnessed robust demand, with SUVs dominating the sales charts.
  • Two-Wheelers: Led by Ola Electric and other key players, this category continued its upward trend.
  • Three-Wheelers & Commercial Vehicles: While the segment expanded, growth was slower compared to passenger and 2-wheeler EVs.

A significant boost came from the reinstatement of subsidies for electric cargo 3-wheelers, leading to a surge in demand. The segment saw sales of 80,546 units following the launch of the revised scheme.

Future Projections: EV Market Set for Accelerated Growth

India’s EV industry is on track for substantial expansion, with an anticipated compound annual Growth Rate (CAGR) of 43%, potentially reaching 9,32,000 units by 2030. Key expectations include:

  • Electric SUVs dominate 61% of total demand.
  • 30-35 new EV models are anticipated to launch in 2025.
  • Increased market penetration across all segments, driven by government incentives and OEM commitments.

Government Support and Consumer Adoption Fuel Growth

The Ministry of Heavy Industries continues to support the transition to clean mobility through subsidies and incentives, making EV adoption more viable for consumers. Additionally, rising environmental awareness and stronger commitments from Original Equipment Manufacturers (OEMs) are expected to further propel the market forward.

As India moves towards a sustainable automotive future, the EV ecosystem is set to evolve with more product innovations, increased charging infrastructure, and greater affordability. With growing acceptance and favourable policies, the sector is poised for a dynamic shift in the coming years.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

India – EFTA Trade Pact: US$ 100 Billion FDI Commitment Could Unlock US$ 400-500 Billion Investment

The recently announced Trade and Economic Partnership Agreement (TEPA) between India and the European Free Trade Association (EFTA) is set to bring substantial foreign investment to India. According to Union Minister of Commerce & Industry, Mr. Piyush Goyal, EFTA nations—comprising Iceland, Liechtenstein, Norway, and Switzerland—have pledged Rs. 8,74,500 crore (US$ 100 billion) in Foreign Direct Investment (FDI) over the next 15 years.

This agreement, expected to be implemented by the end of the year, has the potential to catalyse Rs. 34,98,000 crore – 43,72,500 crore (US$ 400-500 billion) in overall investment proposals. With such a significant capital influx, India aims to bolster its economic landscape and strengthen its global trade position.

Boosting Employment and Economic Growth

One of the major highlights of the agreement is its potential to generate employment on a massive scale. As per estimates, the FDI commitment could directly and indirectly create 5 to 6 million jobs, significantly contributing to India’s workforce.

The trade pact also opens avenues for businesses in EFTA countries to expand their presence in India. To facilitate smoother operations, a dedicated EFTA Desk will be established in India to provide regulatory assistance, market insights, and networking support.

Enhanced Trade Benefits and Market Access

The TEPA agreement is expected to ease trade barriers, enabling the import of premium products such as Swiss watches, chocolates, and polished diamonds at lower or zero duties. This could lead to increased consumer demand and enhance business opportunities for both Indian and EFTA companies.

Additionally, India has committed to offering dedicated industrial enclaves for EFTA companies, ensuring streamlined investment processes and fostering long-term economic partnerships.

India-EFTA Trade and Investment Outlook

In the financial year 2023-24, trade between India and EFTA nations amounted to Rs. 2,09,880 crore (US$ 24 billion), with Switzerland emerging as India’s largest trading partner among the four nations. The newly agreed FDI commitments are expected to further boost this trade volume, paving the way for a more integrated economic relationship.

With India’s focus on enhancing its manufacturing, services, and technology sectors, the influx of investments from EFTA countries could act as a catalyst for sustained economic growth. The TEPA trade pact marks a significant step towards strengthening India’s global trade footprint while ensuring employment generation and industrial expansion.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

India’s Pharma Exports Set to Surge 10x, Aiming for ₹30,76,500 Crore by 2047

India, long recognised as the pharmacy of the world, is set to experience a significant expansion in pharmaceutical exports. With a target of ₹30,76,500 crore (US$ 350 billion) by 2047, the country’s pharma industry is expected to grow 10 to 15 times from its current export value of ₹2,37,330 crore (US$ 27 billion) in 2023.

The roadmap for this growth involves shifting from a volume-based approach to a value-driven strategy, focusing on speciality generics, biosimilars, and high-value pharmaceutical innovations.

A Transition Towards High-Value Products

Historically, India has dominated the global generic drugs market, supplying over 20% of the world’s generic medicines. However, to reach the ambitious 2047 export target, the industry is gearing up for a strategic transformation. Key focus areas include:

  • Expanding the Active Pharmaceutical Ingredients (API) segment
  • Scaling up biosimilar exports
  • Enhancing the role of specialty generics
  • Investing in innovative formulations and advanced R&D

By 2030, India’s pharma exports are projected to reach ₹5,71,350 crore (US$ 65 billion) before further expanding to ₹30,76,500 crore (US$ 350 billion) by 2047.

API and Biosimilar Exports to Drive Growth

A recent news report highlights that API exports are expected to surge from ₹43,950 crore (US$ 5 billion) in 2023 to between ₹7,03,200 crore and ₹7,91,100 crore (US$ 80-90 billion) by 2047.

Similarly, biosimilar exports are anticipated to grow fivefold, reaching ₹2,63,700 – ₹3,07,650 crore (US$ 30-35 billion). The emphasis on biosimilars aligns with the global demand for cost-effective alternatives to biologic drugs.

Meanwhile, generic formulations, which currently make up the largest share of India’s pharma exports, are expected to scale up to ₹15,82,200 – ₹16,70,100 crore (US$ 180-190 billion) by 2047, with an increasing share of speciality generics that offer higher profit margins.

Strategic Investments and Policy Support

For India to sustain this exponential export growth, a combination of government support, industry collaboration, and private-sector investment will be required. Key enablers include:

  1. Stronger policy frameworks – Ensuring regulatory compliance and streamlined approvals for new drug development.
  2. Boosting R&D investments – Encouraging research in high-value segments like biologics and personalised medicine.
  3. Strengthening CDMO and CRO partnerships – Enhancing India’s role in contract development and research to meet global demand.
  4. Scaling production capacity – Expanding manufacturing infrastructure to cater to growing international markets.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.