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India has growing data centre industry. Data centres are used for national security, internet infrastructure, and economic output. As of 2024, India's data centre capacity is at 950 MW, which is expected to be 1800 MW by 2026. [1] The data centre industry is valued at US$1.2 billion in 2021, a 216% growth from $385 million in 2014.
The fast growing electronics system design manufacturing ( ESDM ) industry in India has design capabilities with the number of units exceeding 120. As stated by the Department of Electronics and Information Technology (DeitY), approximately 2,000 chips are being designed in India every year with more than 20,000 engineers currently employed to ...
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]
The 2024 Union Budget of India [1] was presented by Finance Minister, ... Ministry of Commerce and Industry ₹ 11,469 0.238% Ministry of Heavy Industries ₹ 7,242
2–3 July – 2024 India-Bangladesh floods: At least sixteen people are killed by floods and landslides in Assam and Arunachal Pradesh, while over 300,000 more are displaced. [106] [107] 5 July – A victory parade is held in Mumbai by the Indian cricket team following their victory in the 2024 ICC Men's T20 World Cup. [108] [109]
Industry 1 49 Reliance Industries Limited: Mumbai 108.8 8.4 210.5 233.1 Conglomerate: 2 55 State Bank of India: Mumbai 71.8 8.1 807.4 87.6 Banking 3 65 HDFC Bank: Mumbai 49.3 7.7 483.2 133.6 Banking 4 70 Life Insurance Corporation: New Delhi 98.0 4.9 561.4 73.6 Insurance 5 142 ICICI Bank: Mumbai 28.5 5.3 283.5 95.3 Banking 6 207 Oil and Natural ...
The sector is predicted to grow at an average annual rate of 10.8% to US$8.9 billion by 2026 (3.7% of GDP). Foreign tourists accounted for 35.5% of all tourism-related spending in Delhi in 2016. The largest source of foreign tourists visiting the city was the United States , which accounted for 11% of foreign tourist visits to the city.
In April 2024, India's electricity sector has seen a significant shift towards coal due to a shortfall in hydropower generation, driven by lower-than-expected rainfall. As reported by the Grid Controller of India Ltd. in April, coal's share in the total power generation mix increased to 77% in the first week of the month, compared to the ...