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Showing posts with the label Circular Economy

India's Economic Resilience and Rigid Plastics Industry Take Global Centre Stage

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India Maintains Strong Growth Amid Global Headwinds India’s economy has once again defied global slowdowns and inflationary pressures. According to the CareEdge Economic Pathways Report , India’s real GDP grew by 7.4% in Q4 FY25 , pushing the overall annual growth to 6.5% , beating analyst expectations. Though slightly moderated from the 8.4% average of the past two years, this growth solidifies India’s place among the fastest-growing major economies. Key growth drivers: Construction sector surged 10.8% in Q4. Manufacturing and private investments improved , though consumption slightly slowed. Rural demand stayed robust due to rising wages, despite mixed urban demand. Retail inflation cooled to 3.2% in April 2025, the lowest since August 2019, with food inflation easing due to strong Rabi harvests and water reserves. However, concerns remain over falling household savings , which declined for a third straight year to 18.1% of GDP , with financial liabilities risin...