{
  "id": 12645251,
  "title": "India has a 1% GDP opportunity. It’s hiding in plain sight",
  "url": "https://urgent.news/2026/10/07/india-has-a-1-gdp-opportunity-its-hiding-in-plain-sight",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-07T14:23:52.000Z",
  "source": {
    "name": "The Economic Times - Economy",
    "slug": "the-economic-times-economy",
    "url": "https://economictimes.indiatimes.com/news/economy/indicators/india-has-a-1-gdp-opportunity-its-hiding-in-plain-sight/articleshow/134767793.cms"
  },
  "original_language": "en",
  "account": "India stands to gain a potential 1 percent of its GDP by enhancing industrial equipment and infrastructure maintenance, according to industry leaders at the MRAM Expo 2026. This opportunity lies in transitioning from reactive to predictive, data-driven maintenance systems, which can boost output, prolong asset life and cut costs. A survey by ABB found that 88 percent of Indian industrial businesses experienced at least one unplanned outage per month, costing a typical business nearly Rs 70 lakh per hour. Only 19 percent of Indian respondents still relied on run-to-fail maintenance. The findings underscore the significant economic cost of unplanned downtime, which can range from factory-level losses to a staggering USD 1.5 trillion annually for the Fortune Global 500. AI, predictive maintenance and digital technologies are gaining policy support, with NITI Aayog recommending AI-based solutions to create more reliable infrastructure.",
  "summary": "India could unlock a 1% GDP opportunity by reducing productivity losses from equipment breakdowns, unplanned downtime and inefficient assets, industry leaders said at MRAM Expo 2026. With 88% of Indian industrial businesses reporting monthly unplanned outages, experts are pushing predictive, data-driven maintenance to improve output and extend asset life.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}