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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 a large pool of skilled & semi-skilled …
Indian Economy Growth Rate, GDP & Economic Structure Insights
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.
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.
India’s Semiconductor Push: Building a Robust Chip ... - IBEF
The semiconductor industry plays a massive role in driving economic progress in today’s tech-driven world. India with its ever-growing digital economy and a population of over 1.4 billion is in a great position to reinforce its status as a major player in the global landscape.
Indian Civil Aviation Industry: Growth & Innovations - IBEF
*By 2028, the MRO industry is likely to grow over US$ 2.4 billion from US$ 800 million in 2018. * Revenues of domestic MRO services providers in India are expected to triple by FY28. * Union Budget 2024-25 introduces incentives to boost MRO activities in aviation, including extending export and re-import periods for repairs and implementing a 5% uniform IGST on aircraft parts.
Iron & Steel Industry in India - 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.
Economic Development Monthly Report: Analysis of Indian …
The real GDP growth rate for FY25 is projected at 7.0% compared to the estimated growth rate of 8.2% in FY24. These figures highlight the Indian economy's resilience, driven by strong domestic demand, despite rising global uncertainties that are affecting global economies.
Textile Industry in India, Leading Yarn Manufacturers in India - IBEF
*India enjoys a comparative advantage in terms of skilled manpower and in cost of production, relative to major textile producers. * In June 2022, Minister of Textiles, Commerce and Industry, Consumer Affairs & Food and Public Distribution, Mr. Piyush Goyal, stated that the Indian government wants to establish 75 textile hubs in the country.
Government Initiatives Driving India's Electric Vehicle Future - IBEF
2024年8月27日 · The term sustainable mobility refers to the movement of people and goods in an environmental-friendly way. The main purpose of sustainable mobility is to moderate the extreme use of fossil fuel consumption and to reduce emissions so …