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India’s beauty, cosmetic and grooming market is likely to reach $20 billion by 2025 from the current $6.5 billion due to rising disposable incomes of the middle class.

The research and development ecosystem in India, that possesses the necessary intellectual capital, presents a significant opportunity for multinational corporations to develop products in the country.

India is becoming one of the leading destinations for innovative medical devices. It is also seeing a significant amount of capital investment for advanced diagnostic facilities.

Currently, India is the second-largest telecommunications market and has the third highest number of internet users in the world.

India holds more annual military exercises with the United States than any other country, and cumulative defense sales have grown to more than $8 billion. High-level exchanges on defense issues have increased substantially.

Market reforms, inflows in foreign direct investment, and flourishing capital markets spur India’s sustained growth.