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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] FMCG industry in India is expected to grow at the rate of 27.9% CAGR (Compounded Annual Growth Rate) to sum to US$103.7 billion by 2020. [1]
India has a fast-growing medical tourism sector of its health care economy, offering low-cost health services and long-term care. [327] [328] In October 2015, the medical tourism sector was estimated to be worth US$3 billion. It is projected to grow to $7–8 billion by 2020. [329]
Composition of India's total production of foodgrains and commercial crops, in 2003–04, by weight. India ranks second worldwide in farm output. Agriculture and allied sectors like forestry, logging and fishing accounted for 18.6% of the GDP in 2005, employed 60% of the total workforce [13] and despite a steady decline of its share in the GDP, is still the largest economic sector and plays a ...
Worldwide employment In agriculture, forestry and fishing in 2021. India has one of the highest number of people employed in these sectors. As per the 2014 FAO world agriculture statistics India is the world's largest producer of many fresh fruits like banana, mango, guava, papaya, lemon and vegetables like chickpea, okra and milk, major spices like chili pepper, ginger, fibrous crops such as ...
The AI market in India is projected to reach $8 billion by 2025, growing at a compound annual growth rate (CAGR) of over 40% from 2020 to 2025. [1] This growth is part of the broader AI boom, a global period of rapid technological advancements starting in the late 2010s and gaining prominence in the early 2020s.
Till now, the hydroelectricity sector is dominated by the state and central government-owned companies but this sector is going to grow faster with the participation of the private sector in developing the hydro potential located in the Himalaya mountain ranges including northeast of India. [120]
The sector is predicted to grow at an annual rate of 7.8% to ₹ 33.8 lakh crore (US$390 billion) by 2031 (7.2% of GDP). [1] India has established itself as the 5th largest global travel healthcare destination with an estimated market size of around $9 billion in 2019, out of the total global travel healthcare industry of $44.8 billion(2019).
The Electronics Committee also known as the "Bhabha Committee" created a 10-year (1966–1975) plan laying the foundation for India's IT Service Industries. [10] The industry was born in Mumbai in 1967 with the establishment of Tata Consultancy Services [11] who in 1977 partnered with Burroughs which began India's export of IT services. [12]