IBEF - Business Opportunities in India: Investment Ideas, Industry ...
WEBBusiness Opportunities in India: Investment Ideas, Industry Research, Reports | IBEF. Fact of the day - The Indian automotive industry surpassed US$ 238.32 billion (Rs. 20 trillion) in FY24, contributing 14-15% to GST and 6.8% to GDP, driving significant employment and growth. Agrochemicals export likely to touch Rs 80,000 crore in 4 yrs: ACFI ...
List of Industries in India: Top, Small, Large Scale Type ... - IBEF
WEBPower The electricity generation target (Including RE) for 2023-24 has been fixed as 1,750 billion unit (BU), i.e. growth of around 7.2% over actual generation of 1,624.158 BU for the previous year (2022-23).
Indian Pharmacy: Pharma Companies in India - IBEF
WEBAccording to the government data, the Indian pharmaceutical industry is worth approximately US$ 50 billion with over US$ 25 billion of the value coming from exports. About 20% of the global exports in generic drugs are met by India. Indian hospital market valued at US$ 98.98 billion in FY23 and projected …
Beti Bachao, Beti Padhao (BBBP) Scheme - IBEF
WEBIn 2015, the Indian government introduced the Beti Bachao, Beti Padhao (BBBP) scheme to address concerns of gender discrimination and women empowerment in the country. The name Beti Bachao, Beti Padhao translates to ‘Save the girl child, educate the girl child’. The scheme aims to educate citizens against gender bias and improve efficacy of ...
Indian FMCG Industry Analysis - IBEF
WEBThe FMCG sector’s revenue reached Rs. 4.7 lakh crore (US$ 56.8 billion) as of December 2022. FMCG sales in the country grew 7-9% by revenues in 2022-23. The FMCG industry has grown by 10.9% in the quarter ending June 2022, versus 6% in the previous quarter. The sector had grown 8.5% in revenues and 2.5% in volumes last fiscal year.
Indian Economy Growth Rate, GDP & Economic Structure Insights
WEBJul 5, 2024 · According to the McKinsey Global Institute, India needs to boost its rate of employment growth and create 90 million non-farm jobs between 2023 to 2030 in order to increase productivity and economic growth. The net employment rate needs to grow by 1.5% per annum from 2023 to 2030 to achieve 8 …
MSME Industry in India – Market Share, Reports, Growth & Scope
WEBIndian Micro, Small and Medium Enterprises (MSMEs) are rapidly adopting digital payments over cash, with 72% payments done through the digital mode compared with 28% cash transactions. Rise in digital adoption presents prospects for further growth in the sector. In FY23 till December 31, 2022, the number of digital transactions stood at 9,192 ...
Top Chemicals Exporters | Chemical Industry Exports from India
WEBFrom April-May 2024, the export of agrochemicals was US$ 661.18 million, dyes were US$ 379.61 million and the other dye intermediates were US$ 27.87 million. Indian colourants industry has emerged as a key player with a global market share of ~15%. The country’s chemicals industry is de-licensed, except for a few hazardous chemicals.
Thriving FMCG Industry in India Driving Its Sales - IBEF
WEBAccording to NielsenIQ’s report, in 2024, the FMCG industry in India is expected to grow between 4.5-6.5%, owing to strength in the sector and Indian economy. Indian food processing market size reached US$ 307.2 billion in 2022 and is expected to reach US$ 470 billion by 2028, exhibiting a growth rate (CAGR) of 9.5% during 2023-2028.
Power Sector in India: Trends in Electricity Generation | IBEF
WEBIndia's power generation witnessed its highest growth rate in over 30 years in FY23. Power generation in India increased by 6.80% to 1,452.43 billion kilowatt-hours (kWh) as of January 2024. According to data from the Ministry of Power, India's power consumption stood at 1,503.65 BU in April 2023. The peak power demand in the country stood at ...