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.
India's skin care market is projected to be worth USD 2.96 billion in FY2024. Facial care is the market's largest category both in terms of value and volume. The market is expected to reach USD 8.49 billion by FY2032.
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.
Ola Electric has the largest market share in India's electric two-wheeler (E2W) market. In 2023-24, Ola's market share was 35%, and in the first quarter of 2024-25, it was 49%.
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India's market capitalisation crossed $5 trillion, tripling in a decade. Domestic ownership increased as foreign institutional ownership fell. GDP is expected to reach $5 tn in 3 years, $7 tn by 2030.
India's diamond industry is one of the country's largest businesses, contributing 29% to the global market and almost 7% to India's GDP. In 2019, more than 4 million people worked in the industry.