By 2030, McKinsey estimates that agriculture could contribute about $600 billion to India’s GDP. Agricultural technology, or agtech, is essential to powering India’s farming transformation. Existing agricultural companies are using digital technologies in the following ways:...
All told, India’s GDP could more than double from $3.5 trillion today to surpass $7.5 trillion by 2031. Its share of global exports could also double over that period, while the Bombay Stock Exchange could deliver 11% annual growth, reaching a market capitalization of $10 trillion in the...
India’s ascent: Five opportunities for growth and transformation August 11, 2016 | Report Noshir Kaka Anu Madgavkar The country could create sustainable economic conditions in five ways, such as promoting acceptable living standards, improving the urban infrastructure, and unlocking the ...
In 2023 India surpassed China to become the world’s most populous country, and maintained its position as the world’s fifth largest economy in terms of GDP, trailing the US, China, Germany and Japan. India has become one of the fastest‑growing major economies in the world. Its GDP gr...
-indices, which provide insights into other key economic drivers such as GDP, inflation, exports, capacity utilization, employment and inventories. The PMI data are used by financial and corporate professionals to better understand where economies and markets are headed, and to uncover o...
(7.2%). Services exports surged 21.3%. Between April and October 2024, total services exports stood at US$216 billion, compared to US$192 billion in 2023. This growth is crucial given the sector’s significant contribution to India’s GDP and employment, specifically for the urban middle-...
The Indian government has set a target of making the country a 5-trillion-U.S. dollar economy by 2024. In December 2019, Sitharaman said India plans to invest 1.4 trillion U.S. dollars in the infrastructure sector in the next five years to achieve the GDP target of 5 trillion U.S. do...
大会提出了落实关于清洁廉价能源的可持续发展目标。根据印度承诺的国家自主贡献,到2030年,印度每单位GDP能耗将比2005年下降33%至35%,届时,40%的装机发电量将来自非化石能源。同时,由印度政府牵头的国际太阳能联盟以及碳定价领导联盟也逐...
These evolutions, driven by technology and changing consumer shopping behavior, present lucrative opportunities in the consumer markets not only for traditional players but also for multi-national brands and modern & upcoming consumer companies. The retail, FMCG and e-commerce sectors in India provide ...
In the analysis we will consider several household-level characteristics that might determine household economic opportunities and thus income and expenditure. The geographical variables include area of residence—urban (including migrants in China) or rural—and region. For the latter, we use the three...