- VISIT SECTOR
Agriculture & Forestry
Gross Value Added by Agriculture, Forestry and Fishing estimated at $276.37 bn in FY20. The share of agriculture and allied sectors in gross value added (GVA) of India at current prices stood at 18.8 % in FY21.
19%
Share of world’s area under bamboo cultivation21%
Production of total coconut production in the world29.5%
Horticulture contribution of agricultural GDP55%
Non-Timber forest produce contribution to total employment in the forestry sector
- VISIT SECTOR
Auto Components
Auto Components industry turnover to reach $200 bn by 2026
2.3%
Share in India's GDP5 mn
Employment generated6%
CAGR (over 6 years)$ 13.3 bn
Auto Component exports
- VISIT SECTOR
Automobile
India is the world's 5th largest vehicle market
7.1%
Share in India's GDP35 mn
Employment generated40%
Share in global R&D4.7%
Share in India's exports
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Aviation
India to become the third largest aviation market in the world by 2024
11.0%
Passenger traffic growth15.9%
Foreign Tourist Arrival growth3.6 MMT
Total freight traffic (MMT)14.4%
Domestic aircraft movement growth
- VISIT SECTOR
BFSI – Fintech & Financial Services
India has the highest FinTech adoption rate globally of 87% which is significantly higher than the global average rate of 64%
24.57%
CAGR of Fintech market size in 202525%
Growth in number of deals from 2021 H1 as compared to 2018 H137%
CAGR in growth in digital payments transactions from FY19-2129%
Highest expected RoI on Fintech projects globally
- VISIT SECTOR
Biotechnology
India is the 3rd largest biotech destination in the Asia Pacific Region
9
Biotechnology Parks7 xGrowth
Over the last decade60+
Bio-incubators14%
Expected CAGR (2022-2025)
- VISIT SECTOR
Capital Goods
Capital goods contribute 12% to the overall manufacturing in India
12%
Share in manufacturing5 mn
Direct employment40%
T&D equipment demand$ 9.97 bn
Electrical machinery exports
- VISIT SECTOR
Chemicals
India ranks 6th largest sales of chemicals globally and contributes 3% to the global chemical industry
1.4%
Nation’s Gross Value Added11.3%
Chemical products exports share2.5%
Contribution to global chemical sales
- VISIT SECTOR
Construction
100 smart cities
9%
Share in India's GDP51 mn
People employed
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Defence Manufacturing
Indian government endeavours to boost indigenous defence manufacturing.
2.1%
GDP spent on defence (2021-22)15%
Share in global arms importINR 5.25 tn
Union budget 2022-2319%
Increase in Defence Capital Expenditure (FY21-22)
- VISIT SECTOR
Electronic Systems
India is one of the largest consumer electronics markets in Asia Pacific Region
$ 118 bn
Indian Electronics Market2.7%
Contribution to GDP$ 10.6 bn
Exports in 2020-21.16.5 mn
Direct & Indirect Employment (2019-20)
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Fisheries & Aquaculture
Gross Value Added by Fisheries & Aquaculture sector in FY2020: INR 2,12,915 Cr
68%
Contribution of Aquaculture in India’s fish production in 202010.87%
Average Annual Growth Rate of the sector in FY 20207.28%
Contribution of the sector in Agriculture GVA in FY 2020
- VISIT SECTOR
Food Processing
World's largest milk producing nation
20.2%
% share of GVA of agriculture and allied sector to total economy11.6%
Share in total employment10.4%
Share in India's exports136%
Cropping intensity
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Healthcare
Healthcare industry in India is projected to reach $372 bn by 2022
13 mn
eSanjeevani telemedicine consultations45.06%
Increase in the total investments in healthtech startups.40%
Share in hospital beds (Pvt.)22.9%
Industry CAGR (2015-20)
- VISIT SECTOR
IT & BPM
India is the Global Destination for Digital Talent
8%
Share in India's GDP> 52%
Share in global outsourcing market8.1%
Growth in export revenue> 45%
Share in Indian services export
- VISIT SECTOR
Leather
India is the world's 2nd largest footwear producer
$ 1.8 bn
Footwear Exports$ 583.63 mn
Leather garments exports4.42 mn
People employed$ 378.87 mn
Raw hides and finished leather exports
- VISIT SECTOR
Media
India has 5th largest media and entertainment market in the world
42%
TV industry revenue share32%
Digital advertising’s contribution to total advertisingINR 35 bn
E-commerce advertising in 2020
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Medical Devices
India is the 4th largest market for medical devices in Asia, among the top 20 markets globally
12%
Market growth rate (2019-20)6000+
Types of Medical Devices in India250+
MedTech Startups
- VISIT SECTOR
Metals & Mining
Second largest producer of steel globally
300 MT
Domestic steel production capacity by 2030$ 19.04 bn
FDI equity inflows to metallurgical industries and mining (Apr 2000 - Sep 2021)$ 27.73 mn
FDI equity inflows to coal production (Apr 2000 - Sep 2021)
- VISIT SECTOR
Oil & Gas
India is the 2nd largest refiner in Asia
4.56%
Gas Consumption CAGR (2015-20)5.28%
Oil Consumption CAGR (2015-20)7.7%
Fuel RO CAGR (2002-19)
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Paper & Packaging
The India Packaging Sector is the 5th largest sector in Indian economy and is expected to reach $204.81 bn by 2025
10.80%
Rigid plastics packaging sector is expected to grow at a CAGR of around6-7 % pa
India’s paper and paperboards market to grow5%
India’s share in worlds paper production
- VISIT SECTOR
Pharmaceuticals
India is the 3rd largest pharmaceuticals industry in the world by volume
20%
Generics medicines exports share (global)$ 24.35 Bn
Exports worth (FY 20-21)18.7%
Growth in exports y-o-y (FY21)$ 18.55 Bn
FDI (April 2000 – Sep 2021)
- VISIT SECTOR
Ports & Shipping
Maritime transport in India handles 95% of the trade by volume
1,320 MT
Cargo traffic at major ports (2020 data, for both major and minor ports)2.9%
Cargo traffic growth1431
Indian fleet strength (no. of vessels - coastal & overseas as on Apr 2020)2,513 MTPA
For both major and minor ports)
- VISIT SECTOR
Railways
India has the world's largest rail network in terms of passenger traffic
12 bn
Annual Estimated Passengers in 20318,220 MT
Annual Estimated Freight Demand in 20312024 MT
Freight Loading by 2024$ 16 bn
Revenue from freight traffic (2021)
- VISIT SECTOR
Renewable Energy
India has the largest renewable energy expansion plan globally
1000 + GW
Renewable energy potential in India151 GW
Installed renewable energy capacity (as of December 2021)39%
Share in total installed capacity
- VISIT SECTOR
Retail & E-commerce
Indian retail market is projected to reach $2 tn by 2032.
10%
Contribution to India's GDP8%
Share in India's employment4 X
Rise in consumption3 X
Growth in organized retail
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Roads & Highways
India has the second largest road network in the world with a length of over 6.2 mn kilometres.
37 Km
Avg. highway constructed per day in FY 2020-2112205 Km
National highway construction in FY 202015%
Share of GDP on logistics & transportation742
Projects awarded under PPP
- VISIT SECTOR
Telecom
India has the world's 2nd largest mobile market
231%
Internet Connections Growth (2014-2021)4 mn
Total employment607 mn+
Unique 4G enabled Smartphones100
No. of smart cities
- VISIT SECTOR
Textiles & Apparel
6th largest exporter of Textiles and Apparel
28%
Expected sector CAGR (2019-2021)5%
Share in India's GDP12%
Textile exports share in overall exports45 mn
Direct employment generated
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Thermal Power
India has the 5th highest installed thermal power capacity globally
393 GW
Installed generation capacity203 GW
Peak power requirement11%
Installed capacity CAGR (2011-2020)67%
Required hydropower capacity
- VISIT SECTOR
Tourism & Hospitality
India ranks 7th according to WTTC in terms of contribution to GD
1.5%
Share in World Tourist Arrivals1.3%
Share in International Tourism Receipts$ 30 Bn
Foreign Exchange Earnings (FEEs)
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