The packaging industry in India is the fifth largest sector in the country's economy and is growing at a compound annual growth rate (CAGR) of 22โ25%.
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Mahendra Lochhab
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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
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Mahendra Lochhab
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The pan masala market in India is expected to grow at a compound annual growth rate (CAGR) of 4.4% from 2024โ2032, reaching a revenue of 623,619 crore by 2032.
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Mahendra Lochhab
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The Indian semiconductor industry is expected to grow from $34.3 billion in 2023 to $100.2 billion by 2032, with a compound annual growth rate (CAGR) of 20.1%. Other estimates put the market at $150 billion by 2030, with a CAGR of 24%.
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Mahendra Lochhab
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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.
The Indian pet food market is growing rapidly, with an annual growth rate of 22% since 2020. The market is expected to grow even further in the coming years. .
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Mahendra Lochhab
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The Online Food Delivery market in India is projected to reach a revenue of US$43.78bn in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 15.98%.
The drone industry in India is expected to grow rapidly, with a compounded annual growth rate (CAGR) of 80% between 2022 and 2027. The drone market is expected to reach $13 billion by 2030.
AI spending in India is expected to increase to $5 billion with CAGR (compound annual growth rate) of 31.5 per cent between 2023 to 2027. By 2027 AI will be everywhere," Sharath Srinivasamurthy, Associate Vice President, IDC said.
He said that in 202
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India is our fifth largest market; one of the fastest growing: Melanie Perkins, CEO, Canva
India will be a big focus market for the $26 billion Sydney-based design software solutions startup Canva, cofounder and chief executive Melanie Perkins told