Uttar Pradesh is setting ambitious goals to boost its export sector, aiming to triple its outbound shipments to over Rs 5 lakh crore by 2030. A new export policy, set for approval soon, will drive this goal by tapping new markets and products, while offering incentives such as capital subsidies and digital support. The policy will strengthen UP’s contribution to India’s overall export performance, fostering infrastructure development and supporting exporters with various financial aids.

YouTube has appointed Gunjan Soni as the new Country Managing Director for India, marking a pivotal leadership change after the exit of Ishan Chatterjee last year. Soni, with over two decades of experience in business, technology, and e-commerce, brings a wealth of expertise from her previous roles at ZALORA, Star India, and Myntra. In her new position, she will spearhead YouTube’s growth and innovation in India, focusing on the creator economy and video commerce. Soni's appointment comes as YouTube continues to expand its influence in one of the world’s most dynamic digital markets.

In a bid to enhance the Make in India initiative, the government has established an inter-ministerial committee to draft the framework for the proposed National Manufacturing Mission. Headed by Niti Aayog CEO B.V.R. Subrahmanyam, the committee is conducting consultations with stakeholders across sectors. The mission, announced in the Union Budget of 2025, aims to improve the ease of doing business, create a future-ready workforce, strengthen the MSME sector, and promote technological innovation.

A recent report highlights the challenges faced by women entrepreneurs in Tier II and III cities, revealing that a significant number of them still struggle to access credit despite various government schemes. The report, based on a survey of over 1,300 women business owners, emphasizes the need for customized financial products, gender-sensitive lending practices, and alternative credit options.

: IndusInd Bank has disclosed that accounting discrepancies in its derivative portfolio will lead to a significant financial hit of ₹1,960 crore in FY25. Following an external audit, the bank confirmed that the lapses, primarily related to the incorrect accounting of internal derivative trades, would adversely affect its financial statements. The report highlights the internal control weaknesses and the failure to properly account for early termination in derivative contracts.

Apple’s latest report on its App Store ecosystem highlights the significant economic contribution of Indian developers, generating ₹44,447 crore (USD 5.31 billion) in 2024. The study reveals that 94% of this revenue directly benefited developers and businesses, underscoring the immense business potential facilitated by the App Store. With India-based developers seeing a tripling of global earnings in the last five years, Apple's platform has been crucial in creating a global market for local apps.

On April 28, Commerce and Industry Minister Piyush Goyal embarked on a five-day visit to London, Oslo, and Brussels to further India's trade and investment relations with the UK, Norway, and the European Union (EU). The trip is crucial, with negotiations on a proposed free trade agreement (FTA) between India and the UK entering the final stages. Additionally, the visit comes on the heels of India’s comprehensive free trade agreement with the European Free Trade Association (EFTA) and ongoing talks for an FTA with the EU, which is progressing swiftly.

Dixon Technologies is expanding its footprint into the electronics component manufacturing sector, capitalizing on India's growing industrial capabilities. The company is set to leverage government-backed incentives, aiming to produce components initially for in-house use and later for global exports. CEO Atul Lal emphasized the company’s plans to manufacture key components such as display modules, camera modules, and lithium-ion batteries.

The Maharashtra government is advancing an ambitious plan to develop Chhatrapati Sambhajinagar into a key industrial hub by acquiring 8,000 acres of land for new industrial units. Chief Minister Devendra Fadnavis emphasized the city's transformation into India's electric vehicle (EV) capital while outlining infrastructure improvements, including a ring road, flyovers, and plans to address drought and water management issues.

Reliance Retail, the country’s leading retailer, has experienced remarkable growth in its hyperlocal delivery segment, with orders increasing by 2.4 times in the March quarter. The company is aggressively expanding its quick-commerce services, leveraging its extensive store network and planning to introduce dark stores in areas with high demand. The company is focusing on fast delivery times, offering under-30-minute services, and has made substantial inroads with its JioMart app.