Back

India is the tenth largest life insurance market in the world and the second largest in emerging markets. LIC holds 60% of the market share in terms of premiums.

India's wedding industry is worth over $130 billion It's the second largest wedding market in the world, after the United States

In 2023, the Indian wedding industry was the second largest in the world, with over 80 lakh weddings and an estimated value of $130 billion. It's also India's fourth largest industry, with an estimated value of Rs 4.74 trillion in 2023, a 26.4% incre

As of 2021, India's civil aviation market is the third largest in the world, behind the United States and China. India's domestic aviation market is also the third largest in the world, surpassing Brazil and Indonesia.

India is the second-largest exporter of tea in the world, after China. India's tea exports are mostly black tea, which accounts for about 96% of the total.

It's highly ironic that LIC, India's largest insurance company, is also the second-largest owner of India's biggest tobacco company. This is particularly striking given that insurance companies, whose core business is to mitigate risk and provide fi

India's metro network is the fifth-largest in the world, and is expected to become the third-largest soon.

India is the second largest smartphone market in the world by annual shipping volume, after China. In 2022, India had a smartphone penetration of 46.5%.

In 2025, the revenue in India's Gym & Training market is estimated to be US$598.86m.

Wonderful case study on How India can become second largest economy in the world.