India's healthcare innovation market is poised for remarkable growth, with projections indicating it may double in value to reach $60 billion by the fiscal year 2028. This expansion is expected to be driven by a confluence of factors, including rising consumer demand, shifts in the global healthcare value chain, advancements...
India’s Internet Economy Slated to Reach $1 Trillion by 2030
A joint report by Google,Temasek, and Bain & Company released in early June, said India's internet economy, mainly driven by the e-commerce vertical, is expected to register six-fold growth and touch $1 trillion by 2030. The growth will be led by the B2C e-commerce segment, followed by B2B e-commerce, software-as-a-service...
Does a Trillion-Dollar Manufacturing Export Opportunity Face India?
In a report titled The Trillion-Dollar Manufacturing Exports Opportunity for India, Boston, MA-headquartered Bain & Company posits that India's manufacturing exports are set to touch the $1 trillion mark by 2028. Over the last two years India’s manufacturing exports stood at $418 billion in FY22, rising at a CAGR of...
WEF: India Poised to Become World's Third-Largest Consumer Market
According to the World Economic Forum's (WEF), report 'Future of Consumption in Fast-Growth Consumer Market: India' by 2030, India will see a tremendous jump in consumer spending driven by increased incomes, a billion diverse internet users, and a very young population. With an annual GDP growth rate of 7.5 per...