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 …
Indian Information Technology Sector and Its Growth - IBEF
According to the National Association of Software and Service Companies (NASSCOM), the Indian IT industry’s revenue touched US$ 227 billion in FY22, a 15.5% YoY growth and was estimated to have touched US$ 245 billion in FY23.
Foreign Direct Investment (FDI) in India, FDI Inflows | IBEF
India's FDI inflows have increased ~20 times from 2000-01 to 2023-24. According to the Department for Promotion of Industry and Internal Trade (DPIIT), India's cumulative FDI inflow stood at US$ 1.03 trillion between April 2000-September 2024, mainly due to the government's efforts to improve the ease of doing business and easing of FDI norms.
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.
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.
Get Insights into the Metals and Mining Industry in India - IBEF
*India holds a fair advantage in cost of production and conversion costs in steel and alumina. * As of FY22, the number of reporting mines in India were estimated at 1,319, of which reporting mines for metallic minerals were estimated at 545 and non-metallic minerals at 775. * India is the second-largest crude steel producer in the world. * India …
Industrial Development & Economic Growth In Bihar - IBEF
Recent Developments in Key Sectors. According to the Telecom Regulatory Authority of India (TRAI), Bihar had 96.05 million wireless subscribers and 1.11 million wireline subscribers, as of July 2024.
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, …
Indian Steel Industry Report - IBEF
*India’s finished steel consumption stood at 119.17 MT in FY23, 138.5 MT in FY24 and 85.71 MT in FY25*. * 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.
Self-reliant India (Aatm Nirbhar Bharat Abhiyan) | IBEF
Key Factors. Government initiatives (between 2014 and 2020) to boost ‘Self-reliant India’ (Atmanirbhar Bharat Abhiyan) missionLand & Labour. To empower the country’s vulnerable society, the government launched schemes including Jan Dhan Accounts, Ayushman Bharat Yojana, Micro insurance schemes, DBT (Direct Benefit Transfer)-based reforms, PM Ujjwala Yojana, and PM Awas Yojana.