growing sector in india

Growing Sectors in India

1) Auto Components Industry – Growth Sector

Growing Sectors in india

  • Turnover to reach $200 billion by 2026
  • 3 million employment generated
  • 14.5% industry growth rate
  • 1 million + electric vehicle sales ( 2018-19 )

2) Automobile Industry

  • 4th largest market in the world
  • 7.1% of india’s GDP
  • 3.5+ Crore people employed
  • 40% share of global R&D
  • 4.3% of indian exports

3) Aviation Industry

Growing sectors in India

  • 5th largest market in terms of aircraft passengers ( domestic & international )
  • 11% passenger traffic growth
  • 15.9% foreign tourist arrival growth
  • 3.6 million ton freight traffic growth
  • 14.4 domestic aircraft movement growth

4) Banking, Fintech & Financial Services

growing sectors in India

Growing sectors in India

Very fast growth Sector

Sunrise Sector

  • India’s highest fintech adoption rate of 87%
  • Digital payment adoption rate more than the USA
  • $2.4 Billion fintech software market size
  • $5.7 Billion investments in fintech ( 2014-18 )
  • $14.1 Billion digital payments through UPI 2018
  • 29% highest expected ROI of fintech projects globally

5) Biotechnology Industry

  • India 3rd largest biotech destination in asia pacific region
  • 150% tax deduction on R&D expenditure
  • 57.1% annual industrial growth
  • 55% biopharma revenue share
  • 23% bio-agri revenue share

6) Capital Goods Industry

  • Capital goods contribute 12% to the overall manufacturing in india
  • manufacturing goods contribute 12% to india’s GDP
  • 5 Million direct employment
  • 40% equipment demand
  • $5.5+ billion electrical machinery export

7) Chemicals Industry

Growing sectors in India

  • India ranks 6th in the world in chemicals sales and contributes 3% to the global chemical industry
  • 12.5% chemical products exports share
  • 3.5% contribution to global chemical industry
  • 16% dyestuff and dye intermediates share ( globally )

8) Construction Industry

  • 9% share in indian GDP
  • 10,000KM highway construction
  • $16.5 Billion investment in road infrastructure
  • 51 million people employed

Growing sectors in India

9) Defence manufacturing industry

  • India has the 5th largest defence budget in the world
  • 2.3% GDP spent on defence
  • 15% share in global arms & import
  • $62.8 billion union budget ( 2018-19 )
  • $1.5 billion export

10) Electronic Systems

  • 26% sector growth ( annual )
  • india is one of the largest consumer electronics markets in asia pacific region
  • 185% mobile manufacturing growth ( annual )
  • 17% domestic manufacturing growth ( annual )
  • 8.5% hardware market growth ( annual )

11) Food Processing

  • India world’s largest milk producing nation
  • 32% share in india’s food market
  • 11.6% share in total emploment
  • 10.6% share in india’s exports

12) Healthcare Industry

Growing sectors in India

  • healthcare industry in india is projected to reach $372 billion by 2022
  • 370% increase in health expenditure ( 2000-2014 )
  • 45.06% investments in healthtech startups
  • 40% share in hospital beds ( private )
  • 22.9% industry CAGR ( 2015- 2020 )

13) Information Technology & Business Process management

Growing sectors in India

  • India is the world’s largest BPM destination
  • developing software for the world
  • controlling business process
  • low-cost skill manpower
  • 8% share in India’s GDP
  • 55% share in the global outsourcing market
  • 19% e-commerce growth
  • 45% share in Indian services export

Growing sectors in India

14) Leather Industry

  • Shoes & Belt
  • Purces/wallet & Bags
  • India is the world’s 2nd largest footwear producer
  • 2.8 Billion footwear exports
  • 519 million leather garments exports
  • 4.5+ million people employed
  • 874 million finished leather exports

15) Media Industry

  • India 5th largest entertaimen market in the world
  • entertaiment industry CAGR 11.8% ( 2016- 2021 )
  • TV Industry revenue share 44.2%
  • Advertising revenue share 38.1%
  • Print media revenue share 24%

16) Ports & Shipping

  • Indian martime transport handles 95% trade by volume
  • Cargo traffic growth 2.9%

17) Railways

  • World’s largest rail network – passenger traffic
  • Freight traffic growth 25.2% ( 2011- 2018 )
  • Revenue from freight traffic $14.3 Billion ( 2016-17 )

18) Renewable Energy – Sunrise Sector

  • India – largest renewable energy expansion plan globally
  • Renewable energy potential – 1000+ Gigawatts
  • Installed renewable energy capacity 81 Gigawatts ( Aug 2019 )
  • Share in total installed capacity 22%
  • Increase in renewable installed capacity 137% ( 2013 to 2019 )

19) Retail & e-commerce

  • Rise in consumption 4x
  • Growth in organised reatil 3x
  • share in india’s employment 8%
  • Indian retail market projection ( 2026 ) – $1.75 Trillion

Growing sectors in India

20) Tourism & Hospitality

  • Share in world tourist arrivals 1.2%
  • Growth in foreign tourist arrivals 14%

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Growing Sectors In India

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