India is accelerating its digital trajectory in response to the challenges of the Covid 19 pandemic. It is projected that more than 2 billion people will have digital bank accounts on digital platforms and just 20% of the heritage financial services will survive in the next decade. So, the future […]
South Asia
Waste recycling in general in India is largely an informal sector with little documentation on recyclers and activities. However, India may be ahead of several peers when it comes to recycling plastic. Overall plastic recycling rates in India are over 60% although given the pandemic outbreak, the market may still […]
India’s move to electric mobility might result in a USD 206 billion market potential by FY30. EV production accounts for the lion’s share of this opportunity. India’s automobile sector is the world’s fifth largest, with plans to become the third largest by 2030. Reliance on traditional modes of fuel-intensive mobility […]
Green Hydrogen is predicted to be the major contributor in economy within 2050. Since GH being relatively new, there are many opportunities as well as several challenges to overcome. As industries start to grow, the one with optimum pricing, marketing and financial strategies is expected to be the main player. […]
With the dawn of the 21st century, the customer electronics industry is viewed as one of the most lucrative businesses. With a population of around 30 million, increase in disposable income in both rural and urban sector and also easy accessibility of finance; the use and purchase of electronic products […]
The Indian contact lens industry, which was once nearly stagnant, has now been transformed into one of the country’s fastest growing segments. This can be attributed to the entry of many organised players into the industry, a substantial increase in the demand for eyewear in terms of volume sales, significant […]
According to the Good Food Institute, about 63% of the Indians are likely to purchase Alternative Meat regularly. Plant-based meat in India is an emerging trend predominantly in the Full Service Restaurants (FSR). At present, the market size of meat based on plants in India is very small, but in […]
India is fast growing in the organic food market, with the ninth largest organic agricultural land in the world and the largest number of producers. India produced approximately 1.70 million MT (2017-18) of certified organic products comprising all food product varieties, namely Oil Seeds, Sugar Cane, Cereals & Millets, Cotton, […]
The renewable energy grew at a CAGR of 19.78 per cent between FY14-18. The Government of India has a target to achieve 225 GW of renewable energy capacity by 2022, which is higher than its target of 175 GW at Paris Agreement. Definition / Scope Market Overview Top Market Opportunities […]
It is estimated that agribusinesses contribute about 30 percent to the gross domestic product of India, with the agricultural sector employing the largest percentage of the workforce (approximately 45.5 percent, according to a recent survey by the Labor Bureau). Agribusiness continues to be a powerful growth engine for the Indian […]