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Mahendra Lochhab

Content creator • 1y

The average annual growth rate of India's manufacturing sector over the last decade is 5.2%. In 2022-23, the manufacturing sector grew by 4.7% and contributed 17% to the country's GDP.

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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 22–25%.

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India plans to increase the share of the manufacturing sector from 12% to 23% over the next two decades: Said FM Nirmala sitharaman

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The travel and tourism industry contributed US $178 billion to India's GDP in 2021. By 2028, the industry is projected to contribute US$512 billion to India's GDP.

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Indian gdp rate 2013 to 2023 Year GDP Growth Annual change 2013 6.39% 0.93% 2014 7.41% 1.02% 2015 8.00%

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Mahendra Lochhab

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The housing sector is the biggest consumer of cement in India, accounting for about 67% of the country's total cement consumption.

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