Latest McKinsey News & Updates

New Delhi, June 3 (IANS) India’s rapid electrification and renewable expansion could make it one of the world’s largest markets for power equipment by 2035, a new report has said.The report from Asian Power cited McKinsey’s estimates that renewable energy equipment and high-end cables alone could represent a global opportunity of $350-400 billion by 2035, while the global power electronics market could exceed $140 billion.The consultancy said domestic electrical‑equipment consumption reach…

New Delhi, Jan 24 (IANS) India’s QR‑code payment network, the Unified Payments Interface (UPI), is expanding beyond its borders, with Japan among countries trialling the system to serve growing numbers of Indian tourists, a report has said.The report from Nikkei Asia said that Japanese IT services company NTT Data is partnering with National Payments Corporation of India (NPCI) to run a trial in Japan in FY26 that would let Indian tourists pay with UPI and have their Indian bank accounts deb…