Building Strategies ... • 6m
India's corporate profits grow 4X, but salaries remain stagnant: According to a report by FICCI and Quess Corp prepared for the government, India's corporate sector saw minimal income growth over the past four years, despite profits increasing fourfold during the same period. The annual wage growth rate across six key sectors ranged between 0.8% and 5.4% from 2019 to 2023. Meanwhile, retail inflation remained relatively high, rising by 4.8%, 6.2%, 5.5%, 6.7%, and 5.4% in the fiscal years from 2019-20 to 2023-24, indicating that wage growth struggled to keep pace with inflation.
Building JalSeva and... • 8m
The image shows an infographic titled "India's Decade" based on data from the OECD. It highlights the economic growth of various regions, comparing growth between 2014-2023 and projected growth for 2024-2033. Key points include: ➤India leads with a
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SucSEED Ventures • 2m
"Pakoda VC" is now a trend & I can understand why! It's India's broken system The numbers tell a grim story: middle-class incomes are shrinking as inflation (~6%) outpaces wage growth (~4%). While labor participation has risen to 60%, most new worke
See MoreStartups | AI | info... • 1m
India now ranks 7th globally in annual robot installations .. Globally, there were nearly 4.3 Million operational industrial robots in 2023, with China installing 276,300 that year alone. While , India has seen the fastest annual growth in industri
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