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Economy News, Latest Economic News Today | The HinduBusinessLine

GE, HAL clinch tech deal on joint jet engine plan India rejects USTR allegations, seeks termination of Section 301 probe Indian automobile sales record highest-ever sales in FY26, first time after FY19: SIAM Madhya Pradesh CM says basmati rice from the State is exported to 47 nations 63 Moons’ cybersecurity arm pilots GPS-spoofing solution at Indian airports Highways ministry notifies amendment to streamline fee for overloaded vehicles on NHs Global aviation crisis deepens as fuel shortage, Iran conflict hit airlines TRI launches agri-voltaic project to help farmers earn double income Hotel industry to hit $31 billion in 2029; listed hotel firms set to add 70k rooms by 2030: CBRE Temperatures may trend up over North-West, Central India until weekend Reduction in airport tariff credit neutral, minimal impact on revenue: Ind-Ra Global coffee prices rise as fertiliser costs and West Asia tensions threaten supply Bluspring Enterprises to acquire LSG Sky Chefs India, enters aviation catering sector China says policy to improve relations with India remains unchanged amid Arunachal naming row Research firms divided over impact of below normal monsoon on food inflation Unnat Krishi Mahotsav concludes, farmers to emerge as energy, fuel & hydrogen providers, says Gadkari Airlines may get ₹5,000 crore credit support under proposed ECLGS variant How kashmir’s breakthrough is making Gucchi mushroom farming possible Centre not taking away State’s power on bonus for agri produces, says FM Sitharaman Carriers cut flights on cost pressures, uncertain demand GE Aerospace scales AI from pilots to production; India anchors global capability West Asia crisis may push India’s current account deficit to 2% of GDP: Crisil Tax Dept to resume Tiger Global reassessment, says GAAR relief won’t alter SC ruling Ceasefire talks fail to restore vessel movement in Strait of Hormuz, fate of 599 ships remain inconclusive DMRC launches mid-life refurbishment of Blue Line trains to enhance safety and passenger experience Retail inflation likely rose 3.5-4% in March India-UK free trade pact may come into force from second week of May: Official 'West Asia war a good opportunity for energy reforms, lower costs for industry' India’s marine exports surge to ₹62,408 crore in 2024-25, Govt sets ₹1 lakh crore target PM Modi to inaugurate Dehradun-Delhi Expressway on April 14 India’s economic growth journey huge opportunity for international partners: Kwatra From diesel to daylight: How government solar schemes are powering India’s farmers The next energy leap: Replicating ethanol’s success in diesel Delhi EV Policy: Electric 3-Wheelers Only by 2027, 2-Wheelers by 2028 Windfall levy on export bound diesel, ATF raised India-flagged LPG tanker Jag Vikram crosses Strait of Hormuz after US-Iran ceasefire Muted pricing power, rising costs to curb benefits of demand in cement sector: HDFC Securities Central Railway to run four special local trains for Ambedkar Jayanti Cotton Association revises output estimates for 2025-26 up at 324 lakh bales of 170 kg each Agtech marketing in the age of regional content and creator communities Rajnath Singh, Nitin Gadkari to join 3-day agri event at Shivraj’s home turf, inaugurated today How agripreneurship will drive improved rural livelihoods in India World’s largest tur producer, yet an importer: A self-sufficiency puzzle unfolding on ground Ethanol in diesel generators: India’s next practical step towards energy security How sustainable sourcing can unlock value in India’s agri-value chains West Asia Crisis: Induction cooking may consume 13-27 GW power Govt defers power plant maintenance for three months; ready for summer demand Tractor sales cross 10 lakh mark in FY26 on strong rural demand, GST cut India to continue buying Russian crude oil India’s textile and garments exports to the US declined 28.7% in February 2026 Why India’s ₹5 pack won’t disappear, but getting smaller West Asia conflict: LPG usage at 21-month low in March E-way bill generation surged all time high of over 14 crore in March Cotton prices firm up tracking global prices Corn prices poised to fall on Iran-US ceasefire pact Air India at critical stage of transformation: Tata Sons Chairman FYL91 commences new flights to Hyderabad, Rajahmundry and Vijayawada Telangana’s GST revenue up 15% in last 3 months ASMS launches agri-commerce network AYOU in Hyderabad Ladakh turns to apricot blossoms to stretch short tourism season Govt proposes overhaul of company incorporation rules to cut paperwork, enable risk-based checks HAL delivers 4 helicopters to Coast Guard Charter services operators urge review of ATF pricing Structural gaps affect growth of India’s high-value horticulture sector: Report Rubio set to visit India in May to discuss trade, tariffs, defence, Quad DGFT rolls out procedure for allocation of calcined coke Qatar vows to remain reliable energy supplier to India amid West Asia tensions Gadkari bats for 100% land acquisition before approving NH projects India must rethink West Asia energy reliance after biggest shock in decades, says ONGC chief Sumeet SSG partners Pinnacle Industries to strengthen Maharashtra’s EMS fleet Consumer durables growth muted as demand slows, margins shrink: HDFC Securities March 2026 was the fourth-warmest month on record, says European weather agency India relaxes rice exports norms to some European countries Unseasonal rains damage rabi crops on 2.49 lakh ha, wheat most affected: Agri Minister ADB projects 6.9% growth rate for current fiscal, 70 bps lower than FY26 India-UK FTA likely by May 1; 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Cooling the fields: How ultra-cool roofs can transform rural agriculture
By Akshat Seth · 2026-05-31 · via Economy News, Latest Economic News Today | The HinduBusinessLine

Agriculture and allied sectors contribute nearly 18 per cent to India’s GDP, employ over 40 per cent of the country’s workforce and remain the primary source of income for a majority of rural households. Yet, the sector today operates under sustained climate stress. Between 2015 and 2021, India lost 33.9 million hectares of crops to excess rainfall and another 35 million hectares to drought. These figures reflect not only environmental volatility, but also the growing need for climate-resilient agricultural infrastructure.

As climate risks intensify, World Environment Day - fall on June 5 - is increasingly about building systems that can help communities adapt to rising heat and resource stress. In agriculture, one of the most overlooked opportunities lies directly above us.

The roof is where this infrastructure gap is both most visible and most correctable.

The hidden cost of heat

Across rural India, storage structures, livestock shelters, processing sheds, and farmhouses are commonly built with roofing materials that absorb and retain solar radiation. Conventional metal sheet roofing, widely used across agricultural structures, can exceed surface temperatures of 50 degrees Celsius during peak summer months. This heat transfers directly into the spaces below, accelerating spoilage in stored produce, increasing stress in livestock, and reducing the working capacity of farm labour during the most intensive agricultural periods.

For small farmers, heat stress is not an abstract climate concern. It directly affects productivity, storage losses, livestock health and household income.

Ultra-cool roofing offers a practical response through high solar reflectance and thermal emittance. Instead of absorbing incoming solar radiation, these surfaces reflect a significant portion of it while releasing absorbed heat back into the atmosphere. The result is lower indoor temperatures without dependence on mechanical cooling systems.

Technologies such as solar reflective coatings are increasingly making these solutions more adaptable for rural infrastructure applications, particularly across rooftops and wall surfaces exposed to prolonged heat conditions.

This distinction carries direct economic value. India loses an estimated 30 to 40 per cent of horticultural produce annually to post-harvest spoilage, with a substantial share occurring before produce reaches cold-chain infrastructure. According to Nabard estimates, access to better cooling and storage conditions can improve farmer income realisation by 15 to 20 per cent. Passive cooling interventions such as ultra-cool roofing can therefore become an accessible and scalable way to improve storage outcomes for smallholder farmers who cannot afford refrigerated infrastructure.

The environmental implications extend beyond individual farm structures. Buildings linked to the agricultural economy contribute to India’s carbon footprint through energy-intensive cooling systems where they exist, and through heat absorption across densely built rural settlements. High-reflectance roofing surfaces can help lower ambient temperatures, reduce cooling energy demand, and create a smaller lifetime carbon footprint compared to conventional alternatives.

What appears to be a roofing decision is increasingly becoming a climate resilience decision.

Building climate-ready rural infrastructure

The barriers to adoption are real. Price sensitivity among small farmers remains significant, awareness around performance roofing materials is limited, and supply chains in semi-urban and rural markets continue to evolve. However, these challenges are not insurmountable. Government initiatives supporting agricultural infrastructure already provide financing pathways that can make higher-performance materials more accessible.

Equally important is building awareness around why material specifications matter. The conversation must move beyond generic sustainability claims and focus on measurable outcomes: reduced spoilage, improved livestock conditions, better worker comfort, lower energy dependence and stronger income resilience for farming communities.

India is expanding rural infrastructure at an unprecedented scale through warehouses, food processing facilities, storage networks, and agricultural value chains. The material choices made during this phase of development will shape how resilient this infrastructure remains through decades of rising temperatures and climate uncertainty.

In a warming world, agricultural resilience may depend as much on the quality of rural infrastructure as on the quality of seeds and soil. Climate adaptation will not be driven by policy alone. It will also be shaped by the infrastructure and material decisions India makes today.

The author is Managing Director and CEO of BirlaNu

Published on May 31, 2026