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In the last 10 years, the revenue in FMCG industry in India has been growing at the rate of 21.4%. [2] There was a drastic change in revenues in FMCG sector growing from US$31.6 billion to US$52.8 from 2011 to 2017-2018 respectively. [3]
As result, India is a net exporter of petroleum products. The export of petroleum products increased from 38.94 Mt in 2008–09 to 56.76 Mt during 2020–21. [15] India has an 82.8% import dependence for crude oil and 45.3% for natural gas. [47]
India is the world's sixth-largest manufacturer, representing 2.6% of global manufacturing output. [102] Nearly 65% of India's population is rural, [103] and contributes about 50% of India's GDP. [104] India faces high unemployment, rising income inequality, and a drop in aggregate demand.
India stands as a dominant force in the tamarind extract market, leveraging its extensive culinary and Ayurvedic traditions. The use of tamarind extract in packaged curries, sauces, and household applications drives demand, benefiting local producers and the economy. India is projected to achieve a CAGR of 5.9% between 2024 and 2034.
An ONGC platform at Bombay High in the Arabian Sea India's oil deficit Gas Balance of India India ranks third in oil consumption with 4.669 million barrels/day in 2020 after USA and China. During the calendar year 2019, India imported 221.7 million tons of crude oil and 44.4 million tons of refined petroleum products and exported 60.7 million ...
Multi-Modal Logistics Parks (MMLPs) is a key policy initiative of the Government of India, led by National Highways Logistics Management Limited under Ministry of Road Transport and Highways (MoRTH) and the National Highways Authority of India (NHAI), to develop Multi-Modal Logistics Parks in hub-and-spoke model to improve the country's freight logistics sector by lowering overall freight ...
In India, cash on delivery is the most preferred payment method, accumulating 75% of the e-retail activities. [4] Demand for international consumer products (including long-tail items) is growing faster than in-country supply from authorised distributors and e-commerce offerings. Long tail business strategy allows companies to realize ...
The 2020s commodities boom refers to the rise of many commodity prices in the early 2020s following the COVID-19 pandemic.The COVID-19 recession initially made commodity prices drop, but lockdowns, supply chain bottlenecks, and dovish monetary policy limited supply and created excess demand causing a commodity super cycle rise.