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.
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Mahendra Lochhab
Content creatorย โขย 2m
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.
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Mahendra Lochhab
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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.
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Mahendra Lochhab
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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%.
Wonderful case study on How India can become second largest economy in the world.
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Mahendra Lochhab
Content creatorย โขย 9m
As of 2023, India's road network is the second largest in the world, after the United States. It contributes 4.8% to the country's GDP, and 90% of passenger traffic and 64.5% of goods travel by road.
