Indian Economy Growth Rate, GDP & Economic Structure Insights
Oct 11, 2024 · The net employment rate needs to grow by 1.5% per annum from 2023 to 2030 to achieve 8-8.5% GDP growth between same time periods. India’s current account deficit (CAD) narrowed to 0.7% of GDP in FY24. The CAD stood at US$ 9.7 billion for the Q1 2024-25 from US$ 8.9 billion in Q1 2023-24 or 1.1% of GDP. This was largely due to decrease in ...
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.
About Jharkhand: Information on Mining Industries, Economy
Jharkhand is one of the richest mineral zones in the world and boasts 40% and 29% of India's mineral and coal reserves, respectively. Due to its large mineral reserves, mining and mineral extraction are the major industries in the state. Mineral production in the state stood at 138.15 million tonnes in FY23.
Indian Tourism and Hospitality Industry Analysis - IBEF
According to WTTC, the contribution of India's travel and tourism sector to India's economy was worth US$ 199.6 billion in 2022. The Indian travel and tourism industry is expected to record an annual growth at 7.1% per annum. In WTTC’s Economic Impact 2023 report, India’s Travel and Tourism GDP contribution grew by 5.9%.
Highways in India, Explore India's National Highways | IBEF
National Highways Authority of India (NHAI) spent a record-breaking Rs. 2,07,000 crore (US$ 24.79 billion) on the construction of national highways in the fiscal year 2023-24. This was the highest capital expenditure ever recorded, representing a 20% increase from last year. India's road network has grown 59% to become the second largest in the ...
MSME Industry in India – Market Share, Reports, Growth & Scope
The number of MSMEs in the country is expected to grow from 6.3 crore, to ~ 7.5 crore in the coming times, growing at a projected CAGR of 2.5%. As of March 2024, The number of MSMEs registered on the Udyam portal, including the Udyam Assist Platform (UAP), has reached 4,00,42,875. The MSME Ministry heads five statutory bodies—KVIC, Coir Board ...
Iron & Steel Industry in India - IBEF
India's Steel Production: A Global Leader in Iron & Steel Industry Growth. Expansion of steel production capacity to 300 MT will translate into additional investment of Rs. 10 lakh crore (US$ 156.08 billion) by 2030-31. India’s finished steel consumption stood at 119.17 MT in FY23 and 138.5 MT in FY24. The Indian Steel Association (ISA ...
Indian FMCG Industry Analysis - IBEF
The FMCG sector’s revenue reached Rs. 4.7 lakh crore (US$ 56.8 billion) as of December 2022. FMCG sales in the country grew 7-9% by revenues in 2022-23. The FMCG industry has grown by 10.9% in the quarter ending June 2022, versus 6% in the previous quarter. The sector had grown 8.5% in revenues and 2.5% in volumes last fiscal year.
Economic Development Monthly Report: Analysis of Indian …
The real GDP growth rate for FY25 is projected at 7.2% compared to the estimated growth rate of 8.2% in FY24. For the second quarter of 2024-25, growth is estimated at 7.0% and is expected to reach 7.4% in the third quarter of 2024-25. These figures highlight the Indian economy's resilience, driven by strong domestic demand, despite rising ...
Indian Steel Industry Report - IBEF
Steel Industry Report. Aug, 2024. India is the world’s second-largest producer of crude steel, with an output of 125.32 MT of crude steel and finished steel production of 121.29 MT in FY23. In FY24, the production of crude steel and finished steel stood at 143.6 MT and 138.5 MT, respectively. In FY25 (April to June), the production of crude ...