List of Industries in India: Top, Small, Large Scale Type ... - IBEF
WEBBiotechnology. Valued at US$ 92.3 billion in 2023, the Indian Biotechnology Industry is targeted to reach US$ 150 billion by 2025 and US$ 300 billion by 2030.
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 …
Medical Devices Industry in India - IBEF
WEBUS$ 15.35 billion in 2023 and is expected to grow to US$ 20.51 billion by 2029 with a CAGR of 5.35%. The Indian medical device market share in the global market is estimated to be 1.65%. Diagnostic equipment market to reach to US$ 6 billion by 2027, up from US$ 4 billion in CY23. India is the 4 th largest Asian medical devices market after ...
Indian Economy Growth Rate, GDP & Economic Structure Insights
WEBAccording 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 8-8.5% GDP growth between same time periods.
Indian Steel Industry Report - IBEF
WEBThe per-capita consumption of steel stood at 86.7 kgs in FY23. India’s steel production is estimated to grow 4-7% to 123-127 MT in FY24. Steel companies are looking to restart expansion projects on the back of burgeoning steel processes with a capacity addition of 29 MT. In FY22, demand for steel is expected to increase by 17% to 110 million ...
Indian Cement Industry Analysis - IBEF
WEBIn 2023, the market size of India’s cement industry reached 3.96 billion tonnes and is expected to touch 5.99 billion tonnes by 2032, exhibiting a CAGR of 4.7% during 2024-32. India's cement production reached 374.55 million tonnes in FY23, a growth rate of 6.83% year-on-year (yoy). India’s cement production for FY24 is expected to grow by ...
Economic Development Monthly Report: Analysis of Indian …
WEBEconomic Development Monthly Report: Analysis of Indian Economy | IBEF. Last updated: Sep, 2024. The real GDP growth rate is estimated to be 8.2% in FY24 compared to the growth rate of 7.0% in FY23, while the real GDP in fourth quarter of 2023-24 is estimated to grow by of 7.8%, indicating the sustenance of growth momentum in the financial year.
Pradhan Mantri Jeevan Jyoti Bima Yojana - IBEF
WEBIn November 2020, India Post Payments Bank (IPPB) tied up with PNB MetLife India Insurance to launch the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) for its customers. Managing Director and Chief Executive Officer of India Post Payments Bank, Mr. J. Venkatramu, said at the launch of the tie-up, “PMJJBY takes forward the government’s ...
Indian Agriculture Sector, Farming in India | IBEF
WEBFoodgrain production in India touched 330.5 million metric tonnes (MT) in 2022-23 (3rd Advance Estimate). India is the world’s 2nd largest producer of food grains, fruits and vegetables and the 2nd largest exporter of sugar. A total of 521.27 LMT rice has been anticipated for procurement for the upcoming KMS 2023-24, up from 496 LMT produced ...
The Digital India Programme Transforming Nation | IBEF
WEBUnder the Digital India programme, the government aims to convert ~150,000 post offices into multiservice centres. As of May 2022, India Post Payments Bank (IPPB) enabled >1.55 lakh post offices to provide banking services, including access to every Aadhaar-linked bank account, at the customer's doorstep, through its 650 branches.