Back

India's retail industry is the world's fourth-largest and is expected to reach $2 trillion by 2032.

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

India is the world's second largest exporter of textiles and clothing. In 2022, India's textile exports were valued at US $44.4 billion.

India's food processing industry is one of the largest in the world, and is expected to reach $535 billion in production by 2025-26.

India's pharmaceutical market was valued at approximately USD 50 billion for FY 2023-24, making it the world's third-largest market by volume and the 14th largest by value.

In 2022, India's millet industry was valued at approximately USD 5.05 billion.

India's cement industry is the world's second-largest producer, with an estimated market size of 3.96 billion tonnes in FY23 and projected growth to 5.99 billion tonnes by 2032.

India is the world's second-largest producer of fruits and vegetables, after China. India's fruit production has grown 230% since 2001-02.

India is the world's largest manufacturer of two-wheelers, which account for more than 75% of the country's total automotive production. In 2023, the industry was valued at $16.63 billion and is expected to grow at a compound annual growth rate (CAGR

India's smartwatch market has been growing rapidly, becoming the world's largest in 2022. The market is expected to grow at a compound annual growth rate of 64.7% from 2023 to 2029, reaching $120.9 billion by 2032.