Electric Vehicles: Electric Vehicle Industry in India and its Growth
*A cost-effective manufacturing base keeps costs lower by 10-25% relative to operations in Europe and Latin America. * The imperative highlighted by a recent Confederation of Indian Industry (CII) report to set up 1.32 million charging stations by 2030 presents a significant growth opportunity for the electric vehicle sector. * Presence of …
Growth and Overview of the Insurance Sector in India: A ... - IBEF
Oct 3, 2024 · Source: IRDAI. With a contribution of 38.02% of the total premium in 2022-23 (36.48% in 2021-22), the health insurance business is the largest segment in the general insurance sector.
Indian Economy Growth Rate, GDP & Economic Structure Insights
Oct 11, 2024 · Government Initiatives. Over the years, the Indian government has introduced many initiatives to strengthen the nation's economy. The Indian government has been effective in developing policies and programmes that are not only beneficial for citizens to improve their financial stability but also for the overall growth of the economy.
Indian Steel Industry Report - IBEF
*India’s finished steel consumption stood at 119.17 MT in FY23 and 138.5 MT in FY24. * The Indian Steel Association (ISA) anticipates that the steel requirement will reach 128.9 MT in the 2023-24 period, showing an increase from 119.9 MT in the preceding year. * India’s domestic steel demand is estimated to grow by 9-10% in FY25 as per ICRA.
MSME Industry in India – Market Share, Reports, Growth & Scope
MSME Industry in India With 63.4 million units spread across the country, the MSME sector contributes around 6.11% of the manufacturing GDP and 24.63% of the GDP from service activities.
List of Industries in India: Top, Small, Large Scale Type ... - IBEF
Complete list of Small & Large Scale industries in India. Get info on major, top & growing Indian industries, sectors with an analysis, growth rate, investment and industries trends.
Shipping Industry - Ports In India Including The Largest Port - IBEF
*Ports sector in India is being driven by high growth in external trade. * On June 19, 2024, the Indian government approved plans to invest over US$ 9 billion in the construction of Vadhavan Port, located north of Mumbai, which aims to become one of the world's top 10 ports, enhancing trade capacity between India, the Middle East, and Europe.
Economic Development Monthly Report: Analysis of Indian …
The real GDP growth rate for FY25 is projected at 6.4% compared to the estimated growth rate of 8.2% in FY24. These figures highlight the Indian economy's resilience, driven by strong domestic demand, despite rising global uncertainties that are affecting global economies.
Indian Textiles and Apparel Industry Analysis Presentation - IBEF
*In FY25 (April-June), exports of readymade garments including accessories stood at US$ 2,244 million. * Cotton production in India is projected to reach 7.2 million tonnes by 2030, driven by increasing demand from consumers. * The market for Indian textiles and apparel is projected to grow at a 10% CAGR to reach US$ 350 billion by 2030, …
Iron & Steel Industry in India - IBEF
*India’s finished steel consumption stood at 119.17 MT in FY23 and 138.5 MT in FY24. * The Indian Steel Association (ISA) anticipates that the steel requirement will reach 128.9 MT in the 2023-24 period, showing an increase from 119.9 MT in the preceding year. * India’s domestic steel demand is estimated to grow by 9-10% in FY25 as per ICRA.