New Delhi, Jan 13: The Centre’s capital expenditure in big-ticket infrastructure projects such as highways, railways and power development and investments in critical sectors such as defence are expected to propel India’s economic growth in the financial year 2025- 2026 and beyond, according to a report by financial services firm Prabhudas Lilladher (PL).

“We are already witnessing an uptick in momentum in railways, defence, power, data Centers, etc., the execution of which will accelerate growth in FY26 and beyond,” the report states.

The government allocated a massive Rs 11.1 lakh crore for infrastructure projects in the budget for 204-25 and this is expected to be increased further in the forthcoming budget for 2025-26.

The anticipated measures to pump-prime the economy could provide the much-needed push to stimulate demand and support long-term growth, the report states.

The report states that the forthcoming budget will be instrumental in shaping the economic recovery, with expectations of a growth-driven focus aimed at boosting middle-class spending with inflation having eased.

In addition, sectors such as healthcare, tourism, discretionary consumption, and financialisation are poised to benefit from the recovery, according to the report.

The report’s observations on the economic revival are supported by the surge in industrial growth which touched a 6-month high of 5.2 per cent in November, up from 3.5 per cent in October of the current financial year (2024-25), according to data released by the Ministry of Statistics on Friday.

The increase also marks a significant rise over the industrial growth of 2.5 per cent recorded a year before in November 2023.

The growth rate of the manufacturing sector, which accounts for more than three-fourths of the index of industrial production (IIP), accelerated to 5.8 per cent during Nov 2024 from 4.1 per cent in October. This augurs well for employment generation as the sector plays a key role in providing quality jobs to the young graduates passing out from the country’s engineering institutes and universities.

The figures on use-based classification show that the production of capital goods, which comprise machines used in factories, went up by a robust 9 per cent. This segment reflects the real investment taking place in the economy which has a multiplier effect on the creation of jobs and incomes going ahead.

There was also a double-digit surge of 13.1 per cent in the production of consumer durables such as electronic goods, refrigerators, and TVs during November 2024 reflecting the higher consumer demand for these items amid rising incomes.

Mercedes-Benz has once again reaffirmed its dedication to electric mobility with the launch of two exclusive Battery Electric Vehicles (BEVs) in India: the G580 with EQ technology and the EQS SUV 450. These new additions further expand the company’s electric portfolio, offering luxury and sustainability options tailored to diverse customer needs.

Mercedes-Benz G580 with EQ technology Edition One is priced starting at INR 3 crore (all-India ex-showroom), offering a premium electric off-road experience. Meanwhile, the EQS SUV 450, a luxury electric SUV, is available at an introductory price of INR 1.28 crore (all-India ex-showroom), making it an accessible option in the high-end electric vehicle market.

Mercedes-Benz G580 with EQ technology

The Mercedes-Benz G580 with EQ technology will be launched exclusively in India as the Edition One, featuring a range of high-end specifications designed for both performance and luxury. Powered by four individually controlled electric motors, the vehicle delivers a combined output of 587 hp and 1,164 Nm of torque, allowing it to accelerate from 0 to 100 km/h in just 4.7 seconds.

The Edition One comes equipped with advanced features like the Burmester 3D surround sound system, MBUX NTG-7 with wireless Apple CarPlay and Android Auto, and Augmented Reality navigation. Its off-road capabilities are enhanced with technology such as G-TURN for tight maneuvers, G-STEERING for reduced turning radius, and intelligent off-road crawl functions.

Mercedes-Benz EQS SUV 450 4MATIC, locally manufactured at the brand’s state-of-the-art plant in Chakan, Pune, offers a luxurious and spacious 5-seat configuration designed for maximum comfort. Powered by two electric motors generating 360 hp and 800 Nm of torque, the SUV can accelerate from 0 to 100 km/h in just 6.1 seconds.

Mercedes-Benz EQS SUV 450 4MATIC

Mercedes-Benz EQS SUV 450 4MATIC, locally manufactured at the brand’s state-of-the-art plant in Chakan, Pune, offers a luxurious and spacious 5-seat configuration designed for maximum comfort. Powered by two electric motors generating 360 hp and 800 Nm of torque, the SUV can accelerate from 0 to 100 km/h in just 6.1 seconds.

The EQS SUV 450 is a full-size vehicle with a 3.2-meter wheelbase, providing ample space for rear passengers. It features a striking Electric Art Line exterior, 21-inch light-alloy wheels, and advanced technology such as the MBUX Hyperscreen with a 17.7-inch OLED central display.

Additionally, the EQS SUV 450 includes the Burmester 3D surround sound system and ENERGIZING AIR CONTROL Plus with a HEPA filter for enhanced air quality. Bookings for the EQS SUV 450 are now open, with deliveries expected to begin in February 2025, while the EQS SUV 580 has already sold out until April 2025.

Mumbai: With the arrival of the new year, it’s an opportunity for a fresh and excellent beginning to the year. If you seek home decor or routine shopping, leading brands in Mumbai offer the finest deals available for you. Explore the additional information below to grab the top deals that the brands are offering, which you won’t want to overlook.

Ongoing Best Deals Deals

The start-of-the-year sales are a steal-deal for Mumbaikars with 50%-70% off on top brands like Suvasa, Akbarallys furniture, Soch, Jimmy Choo, Superdry, Emporio Armani, Vijay Sales, Metro Wholesale, Lifestyle, Smart Bazaar and many more.

Top Deals At Lifestyle

Lifestyle, the beloved clothing brand has started the year with Sale Of The Season deals with products available at flat 50% off. Visit their website at lifestylestores.com to avail the best offers by shopping online with yout leisure. You can also visit their stores at the mall nearest to you at Oberoi Mall, WE Highway Goregaon East or Phoenix Palladium.

Top Deals At Smart Bazaar

The people favourite brand for daily needs and more, Smart Bazaar is celebrating Makar Sankranti with big saver deals. The brand is offering ‘buy1 get 1’ offer on over 1500+ products along with Smart Style Sale with affordable fashionable clothing starting at ₹299. Save big crunch over fruits and and dry fruits along with party essential cold drinks. Visit the nearest Smart Bazaar store to avail the amazing deals.

Top Deals At Soch

The go-to store for all your traditional clothings, Soch has presented Mumbaikars with their special Red Dot Sale with upto 50% off on Salwat suits, Sarees, Kurtas. Kurta Sets, Dress Materials, Tunics and Kaftans. You can also get premium scented candle for just ₹498 of worth ₹2495. Visit nearest Soch store today to avail the amazing deal.

Top Deals At Akbarallys furniture

If you are looking to exchange your old furniture and welcome new teak and solid wood furniture at your home, look no further as Akbarallys furniture have extended their exchange dhamaka offer where you have the opportunity to save up to 60% by exhanging your old furniture to a new customised furniture. You are eligible to 40% off on goods without exchange. Visit their store in Fort or Chembur to avail the amazing deal.

Top Deals At Metro Wholesale

The people favourite wholesale mart, Metro, has a new year offer promising big savings. The ‘Naya Saal Badhi Bachat’ sale buyers have amazing deals on variety of daily products to home essential products discounts ranging from 10% upto 80% off. The customers have the opportunity to get ₹100 off on minimum purchase of ₹1000. Visit the Metro store in Bhandup between 8 AM to 10 PM, Borivali and Malad stores between 7 AM to 10 PM. The offer is only applied for Mumbai stores. Offer valid till January 9, 2025.

Amazing Deals At Phoenix Palladium

Phoenix Palladium has presented end of season sale starting January 3 onwards. Avail the chance to grab 40% off on luxury brands such as Jimmy Choo, TOD’S, Canali, Coach, Superdry, Emporio Armani, Diesel, Muji, Dune London and many more.

Top Deals At IKEA

IKEA is presenting its winter sale with limited time offer upto 70%. Shop at IKEA sale and decorate your home with our elegant designs. Hurry! Get your hands on amazing deals and massive discounts on stylish furniture and decor at IKEA Winter Sale. You can visit their official website or visit IKEA store at IKEA Worli City Store or IKEA Navi Mumbai.

Top Deals At Shoppers Stop

Shoppers Stop is presenting its BIG Fab sale with a limited-time offer upto 50%. Shop at their online portal shoppersstop.com, or visit stores nearest to you. Get your hands on amazing deals such as extra ₹2500 by using ‘FABSALE’ code on your purchase. Get massive discounts on latest fashion trends and and much more at the sale.

Top Deals At Titan

One of the top watch brands has presented exclusive sale upto 60% off. Grab the deal by visiting their official website titan.co.in or visit the Titan store near you to avail the exclusive sale offers of top products.

Other Top Deals In Mumbai

Options, Baby Bell, Green Bell and Boy London are offering upto 40% off on their products. Visit their social media pages, website optionsfashion.com or store in Vile Parle West.