Business | Explosive growth

The Indian business of blowing things up is booming

Literally

Two towers are demolished by a controlled explosion in Noida, India.
Image: Eyevine
|Mumbai

THOSE WHO want to gauge India’s economic prospects often look to businesses that erect homes, produce consumer staples, manufacture inexpensive vehicles and provide basic services like electricity or discretionary ones like travel. Each of these sectors is currently sending mixed messages—enough good news to justify hope, but with caveats that counsel caution. One industry, though, is sending an unequivocal signal. And a loud one.

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This article appeared in the Business section of the print edition under the headline “An Indian boom…”

From the October 7th 2023 edition

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