Drawing on the international broadcaster's extensive news and programme making teams in India and the UK, it will deliver a range of content examining all aspects of India's business, political and cultural life on its various media - radio, television and online.
"With India's economic performance under the spotlight, this is the perfect time to take an in-depth look at the country's rapidly evolving business and financial landscape - from successes to areas of challenge - and focus on the people whose daily lives underpin the economy," said Mary Hockaday, Controller of BBC World Service English.
The season launches with 'India Rising' on August 27 - a pan-BBC News day of content delivered by reporters based in India working with journalists from the Business and Economics unit.
Listeners on BBC World Service will hear from the correspondents as well as Indian economist and philosopher Amartya Sen, while 'Business Daily' will explore the need for investment to help provide new opportunities for the millions living in poverty.