West Bengal's new BJP government will abolish the Urban Land Ceiling Act, a long-standing industry demand, to unlock developable land and attract investments. The government also plans to revitalize derelict industrial sites in Kolkata, prioritizing them over agricultural land for urban development.
South Korea will establish a 1 trillion won industrial growth fund, with private banks pledging 1.1 trillion won in anchor investments, to support manufacturing AI transformation, regional growth, and new industries over three years.
Southeast Asia is exploring a nuclear energy revival, with China emerging as a strong partner. Leveraging its extensive domestic experience and the Hualong One reactor design, China offers advanced technology and energy security to the region.
India's industrial growth is bifurcated: capital-intensive sectors driven by domestic demand are thriving, while labor-intensive, export-oriented sectors crucial for jobs and exports are stagnating or contracting, limiting overall manufacturing potential.
