Making India Easy · 07. January 2020
The Indian FMCG sector is slowly rolling the wheels down as it shifts gears to catch up with the growing trend of wellness in the country. This fad has had a large chunk of consumer population today who are ready to pay what it takes to see healthier options on their platter. It however isn’t even restricted to any particular class or group. Consumers are actually adjusting their budget to invest money on healthy food items. According to a report by Federation of Indian Chambers of Commerce...
Making India Easy · 22. November 2019
Backed up by a strong economy, the Indian automobile sector seems to be ruling the roost as a key growth driver and global force exporting to not just subcontinents but also developed nations all over the world. According to a recent report by Society of Indian Automobile Manufacturers (SIAM), overall automobile exports have improved by 14.50% between April-March 2019. The auto component industry of India has also experienced significant growth simultaneously in the past few years to reach a...
Making India Easy · 20. November 2019
According to a report by India Brand Equity Foundation (IBEF), a trust founded by the Department of Commerce, Ministry of Commerce and Industry, Government of India, the Indian FMCG sector is poised to reach $ 103.7 billion milestone by 2020 at a Compound Annual Growth Rate (CAGR) of 27.86%. The report further states that the sector has fared exceptionally well in the past few years reaching a mark of $52.75 billion in 2018 from $31.6 billion in 2011. The projected growth of the sector...
Making India Easy · 25. October 2019
A recent report by the International Monetary Fund (IMF) has stated that India is the fastest growing major economy in the world—tying with China. And, as a matter of fact, the country’s growth rate of 6.1% for the current fiscal year is better than that of even some developed countries such as the United States—which is at 2.1% growth rate this year. With a 5% growth in GDP during Q1 of 2019-2020, this financial year has been tremendously phenomenal for the Indian economy. In this...
21. October 2019
According to a recent report by FICCI-Deloitte, Indian retail market will hit a whopping USD 1,200 billion mark by 2021 and USD 1,750 mark by 2026. The report further adds that the country’s e-commerce market will also continue to grow to reach USD 84 billion by 2021 and USD 200 billion by 2026. Tier-2 and tier-3 cities will contribute immensely to support this market growth. “Organized food and grocery sector expected to reach USD 75.1 billion by 2025 and online shoppers expected to...
Making India Easy · 17. October 2019
According to a recent report by the International Monetary Fund (IMF), India has once again emerged as the fastest-growing major economy in the world—tying with China. Its projected growth rate for the current fiscal year is 6.1%. The IMF’s World Economic Outlook (WEO) released on Tuesday suggests that India’s economy is doing far better than other countries. The projected growth rate of 6.1% by IMF for 2019-20 is consistent with the Indian Monetary Policy Committee’s forecast. “The...