affect demand for exports. Despite these challenges, we will continue to see the difference between actual GDP and no–COVID-19 levels progressively narrowing as growth picks up pace (for more on our baseline and pessimistic scenario assumptions, see “Key assumptions for Deloitte’s projections”...
Projections by the World Bank indicate that India’s growth trajectory will remain steady, with a forecasted GDP growth of 7% in FY 2024-25 and robust growth expected through FY 2026-27. India’s journey to becoming the third-largest economy in real GDP by 2030 hinges on its economic ...
MUMBAI, April 6 (Xinhua) -- India could save 217 billion U.S. dollars by saving 474 million tons of oil equivalent by opting for electric vehicles till 2030, a release issued by Niti Aayog said late Friday, a planning body of the government. The electric vehicle initiative will also gener...
The India Commercial Vehicles Market is expected to reach USD 51.09 billion in 2025 and grow at a CAGR of 5.36% to reach USD 62.95 billion by 2029. Ashok Leyland Limited, Mahindra & Mahindra Limited, SML Isuzu Limited, Tata Motors Limited and VE Commerci
The Small and Medium enterprises segment contributes a large part of the Indian GDP. Tally has been providing business management software to SMEs for a very long time, and been driving technology transformation to its rapidly growing customer base, which currently stands at two and a half mi...
Considering the importance of the power sector, this study explores a rapid transition pathway for the power sector of India in a resolution of states from the current power system till 2050 in a 5-year time interval towards integrating large shares of renewables. There is a clear need for a...
Per capita GDP level in China will be 4.5 times higher compared to India in 2030. With rising Interpretation of the results and their policy implications Five key points that can be drawn from the modeling results are discussed as follows. First, the modeling results presented in the previous ...
However, public spending on agriculture research, education and extension remains relatively low at around 0.65% of agricultural GDP, compared with an international average of 2%47. Most extension services rely on in-person training delivered by extension workers and it has been estimated that the ...
GDP Per cent; USD billion, real 2008 100% = 647 1,090 5,290 Urbanisation rate1 Per cent 2001 28 2008 30 Growth in urban real income levels Per capita, USD +207% 600 810 2030 40 2,480 Rural 46 42 31 Urban 54 58 69 2001 2008 2030 2001 2008 2025 1...
The Government of India ratified the Paris Agreement and committed to reduce the emissions intensity of its GDP by 33–35% by 2030 relative to the 2005 level. The Ministry of Steel has revisited these targets and its corresponding financial requirements as part of the India's Nationally ...