1. Huge rural population untapped for banking industries.
Mobile & Internet banking have scope.
2. In FY17, individual wealth in India expanded to Rs 344
lakh crore (US$ 5,337.47 billion) from Rs 310 lakh crore (US$ 4,620.66 billion) in FY16.
3. The asset management industry in India is among the
fastest growing in the world.
4. The public deposit of NBFCs increased from US$ 293.78
million in FY09 to Rs 409.15 billion (US$ 6,089.52 million) in FY17, registering a compound annual growth rate (CAGR) of 46.10 per cent. Energy India accounts for approximately 4 per cent of the total global electricity generation and contributes 4.43 per cent to the global renewable generation capacity. As of February 2018, total renewable1 power generation installed capacity in the country stood at 107.81 GW, which is 32.26 per cent of the total installed capacity of 334.15 GW. Domestic production accounts for more than three-quarter of the country’s total gas consumption Demand is expected to increase due to higher economic growth, ensure less dependency on imported crude and a desire to use cleaner fuel India production of petroleum product grew by 5.31 % to 204 MMT in 2017-18 from 194 MMT in 2016-17. 3rd largest consumer of Crude Oil & Petroleum products. Information Technology India is the world's largest sourcing destination, accounting for approximately 55 per cent of the US$ 185-190 billion market in 2017-18 The country's cost competitiveness in providing Information Technology (IT) services, which is approximately 3-4 times cheaper than the US, continues to be its Unique Selling Proposition (USP) in the global sourcing market The sector ranks second in India’s total Foreign Direct Investment (FDI) share and has received US$ 30.82 billion of FDI inflows between April 2000 and March 2018. India’s highly qualified talent pool of technical graduates is one of the largest in the world and has a low-cost advantage by being 5-6 times inexpensive than US. Consumer Goods FMCG is the 4th largest sector in the Indian economy Household and Personal Care is the leading segment, accounting for 50 per cent of the overall market. Hair care (23 per cent) and Food and Beverages (19 per cent) comes next in terms of market share Growing awareness, easier access and changing lifestyles have been the key growth drivers for the sector The number of online users in India is likely to cross 850 million by 2025. Retail market in India is estimated to reach US$ 1.1 trillion by 2020 from US$ 672 billion in 2016, with modern trade expected to grow at 20 per cent - 25 per cent per annum, which is likely to boost revenues of FMCG companies People are gracefully embracing Ayurveda products, which has resulted in growth of FMCG major, Patanjali Ayurveda, with a revenue of US$ 1.57 billion in FY17. The company aims to expand globally in the next 5 to 10 years. Automobiles The automobile industry in India is world’s fourth largest, with the country currently being the world's 4th largest manufacturer of cars and 7th largest manufacturer of commercial vehicles in 2017.
Indian automotive industry
(including component manufacturing) is expected to reach Rs 16.16-18.18 trillion (US$ 251.4-282.8 billion) by 2026.
The government aims to develop
India as a global manufacturing as well as a research and development (R&D) hub. Metals The country is the 3rd largest steel producer with production of 101.4 million tonnes of crude steel in 2017. India is the largest producer of sheet mica in the world and has the 7th largest bauxite reserves at around 2,908.85 million tonnes in FY17. The Government of India has allowed 100 per cent Foreign Direct Investment (FDI) in the mining sector and exploration of metal and non-metal ores under the automatic route, Pharma The Indian pharmaceuticals market witnessed growth at a CAGR of 5.64 per cent, during FY11-16, with the market increasing from US$ 20.95 billion in FY11 to US$ 27.57 billion in FY16. The industry’s revenues are estimated to have grown by 7.4 per cent in FY17.
Indian pharmaceutical market grew
5.5 per cent in CY2017 in terms of moving annual turnover. In March 2018, the market grew at 9.5 per cent year-on-year with sales of Rs 10,029 crore (US$ 1.56 billion).
By 2020, India is likely to be among
the top three pharmaceutical markets by incremental growth and 6th largest market globally in absolute size. Construction