Geopolitical events
On April 29, 2026, the Indian government launched the "Bharat Infrastructure Initiative," a $450 billion strategic investment plan targeting the modernization of national logistics and energy sectors. The program prioritizes high--speed rail expansion and the integration of a decentralized green energy grid to support a targeted 7.5% annual GDP growth. Furthermore, the policy introduces a revised fiscal framework offering 15% corporate tax credits for multinational semiconductor firms establishing domestic fabrication units, directly addressing global supply chain diversification requirements.