Blog - World Economic Magazine India

13
May

Cracking the Aspirational Middle Class With Luxury Brands in India

Wem India / 10 months
0
4 min read

Key Highlights:• India’s luxury market expected to reach $8.5 billion by 2025, growing at 10–12% CAGR.• Middle-class consumers now account for nearly 35% of luxury purchases in India.• Brands are adapting pricing, messaging, and experiences to reach the “New Affluent.”• Localized campaigns, entry-level products, and tier-2 city expansions drive growth.• Case studies from Louis Vuitton, […]

12
May

From Chaiwalas to Cloud Kitchens, India's Food Businesses Are Reinventing Themselves

Wem India / 10 months
0
5 min read

Key Takeaways: India’s food industry is undergoing a dynamic transformation. Traditional food businesses, fromhumble roadside chaiwalas (tea vendors) to local restaurants, are reinventing themselves throughdigitalization, technology, and more sophisticated business models. At the same time, new-ageconcepts like cloud kitchens are reshaping the food service landscape.The Rise of Cloud KitchensCloud kitchens, also known as dark kitchens […]

12
May

How Scrap Dealers Are Powering India’s Recycling Economy

Wem India / 10 months
0
4 min read

Beyond startups and ESG pledges, it’s India’s informal sector with kabadiwalas and scrap tradersthat’s keeping the recycling economy alive — and transforming waste into serious wealth.A study of how scrap, e-waste, and circular economy businesses are booming under the radar.Walk into the narrow lanes of Delhi’s Mayapuri or Mumbai’s Dharavi, and you might think you’relooking […]

10
May

Desi SaaS: How India's Small IT Firms Are Quietly Winning Big Abroad

Wem India / 10 months
0
5 min read

KEY HIGHLIGHTS: Across India’s smaller cities, a quiet software revolution is underway. While metros like Bengaluruand Mumbai dominate headlines with flashy unicorns, Tier 2 and Tier 3 cities are building somethingfar more enduring — a thriving SaaS (Software as a Service) economy that is winning global marketswith little noise and even less venture capital.Cities like […]

10
May

A Test of Economic Diplomacy for India

Wem India / 10 months
0
3 min read

As trade tensions between India and the United States escalate, a looming tariff hike from Washington could challenge one of the world’s most important economic partnerships. The Tariff Crossroads The United States is set to impose tariffs on Indian goods starting April 2. Despite the long-standing economic relationship between the two democracies, recent frictions over […]

09
May

Markets Rebound Hard on Tuesday After Fall on Monday; Sensex, Nifty Rise in Early Trade

Wem India / 10 months
0
4 min read

The Indian equities market bounced back strongly on Tuesday, giving indications of a rebound after witnessing a dramatic collapse in Monday’s trading session. Benchmark indices BSE Sensex and NSE Nifty50 started trading on a robust note, reflecting the optimistic sentiment among investors amid prevailing global fears.At 11:08 AM, the BSE Sensex was trading at 73,875.49, […]

09
May

Tariff Fears Drown Sensex: Market Dives Close to 1,400 Points as FPIs Dump Shares

Wem India / 10 months
0
5 min read

The Indian equity market plunged sharply on Tuesday, with the Sensex falling almost 1,400 points, as concerns over possible tariffs by former U.S. President Donald Trump shook investor sentiment. The benchmark Sensex closed at 76,025 points, down by 1,390 points (1.8%), its worst single-day loss since February 28. The Nifty 50 trended similarly, falling 354 […]

08
May

India Cuts Transshipment Facility for Bangladeshi Exports: A Geopolitical and Economic Turn

Wem India / 10 months
0
4 min read

In a development of geopolitical and economic significance, India has formally revoked the transshipment facility that enabled Bangladesh to send its export cargo to third nations via Indian territory. This decision, taking effect from April 8, 2025, has alarmed Dhaka, caused logistics chaos for international apparel brands, and set off a new round of speculation […]

08
May

India’s Trade Prospects under Trump’s New Tariff Policy

Wem India / 10 months
0
5 min read

In a surprise step on April 2, 2025, US President Donald Trump rolled out a sweeping tariff policy to cut trade deficits and support local industries. Dubbed the “Reciprocal Tariff Policy”, the framework will have a tremendous impact on international trade patterns, especially in Asia.First, the policy applies a general 10% tariff on every import […]

07
May

Bridging Faith and Technology: AI-Powered Translation System Revolutionizes Global Dharma Dissemination

Wem India / 10 months
0
3 min read

In a landmark development at the intersection of spirituality and technology, the Fo Guang Shan (FGS) Humanistic Buddhism Institute, in collaboration with the Buddha’s Light International Association (BLIA) and tech innovator Vurbo.ai, has unveiled Vurbo.ai Buddhist 4.0. This pioneering AI-driven translation system aims to transcend linguistic barriers, facilitating the global propagation of Buddhist teachings. The […]