IBEF - Business Opportunities in India: Investment Ideas, Industry ...
Business Opportunities in India: Investment Ideas, Industry Research, Reports | IBEF. Fact of the day - India's Unified Payments Interface (UPI) recorded a 52% YoY increase in transaction volumes, reaching 78.97 billion in the first half of 2024, with transaction values surging from US$ 154.60 billion (Rs. 12.98 trillion) to US$ 239.04 billion ...
India's Electronics Manufacturing and Export Market - IBEF
A US$ 1 trillion digital economy target is projected to boost demand for electronics, which may stand at around US$ 180 billion by 2025-26. If India can accomplish the manufacturing goal of US$ 300 billion for electronics, the local market requirement may …
Indian Cement Industry Analysis - IBEF
In 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 ...
An Overview of the Indian Food Processing Sector - IBEF
May 2, 2023 · The food processing industry in India is made up of 5 segments including grains, cereals and pulses, fruits and vegetables, meat and poultry, dairy products and processed foods. Grains, cereals, and pulses. India is the largest producer of rice, wheat, and other grains including corn, sorghum, and millets in the world.
Transforming India's Logistics Sector: Challenges and Opportunities
Growing significance of the Indian logistics sector. The Indian economy, which ranks fifth in the world with a GDP of approximately US$ 3.7 trillion in 2023, grew rapidly between 2015 and 2019, averaging more than 7% annually. However, because of stringent COVID-induced lockdown, GDP shrank 7.3% in 2020.
Indian Export Incentive Schemes - IBEF
Dec 22, 2020 · Under SEIS, an incentive of 3-7% of the net foreign exchange earnings is provided to the service exporters. It requires the service providers to have an active Import–Export Code (IEC Code) with a minimum net foreign exchange earnings worth US$ 15,000 to be eligible for a claim under the scheme. Duty Exemption/Remission Schemes.
Indian Railways Industry Analysis - IBEF
In 2023-24, traffic revenue is estimated to be Rs. 2,64,600 crore (US$ 32.18 billion), comprising 99.8% of the total revenue. The Indian Railways completed total revenue of Rs. 2.56 lakh crore (US$ 30.76 billion) by the end of FY24. The passenger revenue came to be Rs. 70,000 crore (US$ 8.77 billion), an increase of 9% in 2023-24.
About Meghalaya: Information on Tourism, Industries, Economy
During 2019–20*, the state produced 393.51 thousand tonnes of fruits and 75.38 thousand tonnes of spices. At current prices, the gross state domestic product (GSDP) of Meghalaya has been estimated at Rs. 52,974 crore (US$ 6.36 billion) in 2024-25BE. The state’s GSDP (in Rs.) is expected to increase at a CAGR of 8.47% between 2015-16 and ...
Growth of Hotel Industry in India - IBEF
The market size of the hospitality industry in India is projected to be approximately US$ 24.61 billion in 2024 and is anticipated to reach US$ 31.01 billion by 2029. The projected growth is anticipated to occur at a compound annual growth rate (CAGR) of 4.73% throughout the forecast period of 2024-29.
Government Initiatives Driving India's Electric Vehicle Future - IBEF
Aug 27, 2024 · In July 2023, NITI Aayog laid down the roadmap for the growth of electric mobility in India aligning it with the Indian government’s vision of achieving net Zero emissions by 2070. The NITI Aayog has laid specific targets by vehicle type in pursuit of its objective to achieve 30% EV sales penetration by 2030.