This Presentation is about the notion of India's economy and automotive industry along with a short SWOT analysis of how to compete in the world automotive market.
This document compares the economies of India and China. It outlines that India has a mixed economy with essential foreign trade and investment, while China has a planned economy with restrictions on private business. China's economic reforms began in 1978 and it has experienced 9.5% average annual growth, focused on manufacturing. India's reforms began in 1994 and its growth has been 6% on average annually, focused more on services and IT. Both countries still face economic challenges including poverty, unemployment, and infrastructure issues.
This document summarizes the impact of India's 7.9% GDP growth rate on its major economic sectors - agriculture, manufacturing, and services - as well as job creation. It notes that while GDP has grown at 7.9%, job creation has only increased by 1%. Agriculture accounts for 18.6% of GDP but 60% of employment. The manufacturing sector represents 9% of GDP and 17% of jobs. Services make up 59% of GDP and 18.1% of employment. It outlines challenges facing each sector, such as unskilled labor and technology issues in manufacturing, and infrastructure problems in services.
China and India have experienced rapid economic growth over the past 50 years, transforming from among the poorest countries to economic giants. While China's economy has a centrally planned system and suppressed private business historically, it now encourages foreign investment and small businesses. India has a market-based system and sees foreign trade and investment as integral to its economy. Both countries are known for low-cost consumer goods, call centers, and computer engineers. Their economies have grown significantly in recent decades, with China's growth averaging around 8% annually and driven largely by manufacturing, while India's services sector contributes over half its GDP and it has the world's second largest labor force.
(INDIA VS CHINA) A COMPARATIVE ANALYSISRISHIKESH RAJ
This document compares the economies, agriculture sectors, and foreign direct investment (FDI) levels of India and China. It notes that India has a market-based economy and is the world's second largest labor force, while China has transitioned to a more capitalist system from a centrally planned economy. Agriculture contributes a larger percentage to India's GDP and employs more people, but yields are lower than in China. China attracts significantly more FDI than India due to its rapid growth, infrastructure, market size, integration, and political stability. The document also lists ways India could increase its FDI, such as improving infrastructure, reducing corruption and bureaucracy, and accelerating reforms.
The document outlines India's economic growth projections to the year 2020. It discusses India's current GDP growth rate of 8.8% and key sectors like agriculture, manufacturing, and IT that are driving growth. The document also summarizes visions for India's development from late leaders Dr. Abdul Kalam and Dr. C.K. Prahalad, focusing on agriculture, infrastructure, education, healthcare and technology. Strengths like a large workforce and opportunities in sectors like IT are noted, alongside weaknesses such as unemployment and poverty.
The document discusses several macroeconomic factors affecting India's IT industry, including a slowing GDP, high inflation, potential global recession, fluctuations in exchange rates, and government initiatives and regulations. It notes that while the IT industry has been a major contributor to India's GDP, growth has slowed in recent years due to declines in client budgets, deferred projects, and rising costs. Exchange rate volatility and inflation also impact costs and prices.
This document contains a comparative analysis of the economies of India and China presented by Yash Jain, Simran Batra, and Ronak Agrawal. It summarizes the key differences between the two countries' political systems, rates of economic growth, areas of specialization, and statuses in agriculture, manufacturing, services, currencies, and projected futures by 2020. The analysis finds that while China has had faster growth due to its one-party system, India's democracy and large talent pool position it well for long-term strength.
This document compares the economies of India and China. It outlines that India has a mixed economy with essential foreign trade and investment, while China has a planned economy with restrictions on private business. China's economic reforms began in 1978 and it has experienced 9.5% average annual growth, focused on manufacturing. India's reforms began in 1994 and its growth has been 6% on average annually, focused more on services and IT. Both countries still face economic challenges including poverty, unemployment, and infrastructure issues.
This document summarizes the impact of India's 7.9% GDP growth rate on its major economic sectors - agriculture, manufacturing, and services - as well as job creation. It notes that while GDP has grown at 7.9%, job creation has only increased by 1%. Agriculture accounts for 18.6% of GDP but 60% of employment. The manufacturing sector represents 9% of GDP and 17% of jobs. Services make up 59% of GDP and 18.1% of employment. It outlines challenges facing each sector, such as unskilled labor and technology issues in manufacturing, and infrastructure problems in services.
China and India have experienced rapid economic growth over the past 50 years, transforming from among the poorest countries to economic giants. While China's economy has a centrally planned system and suppressed private business historically, it now encourages foreign investment and small businesses. India has a market-based system and sees foreign trade and investment as integral to its economy. Both countries are known for low-cost consumer goods, call centers, and computer engineers. Their economies have grown significantly in recent decades, with China's growth averaging around 8% annually and driven largely by manufacturing, while India's services sector contributes over half its GDP and it has the world's second largest labor force.
(INDIA VS CHINA) A COMPARATIVE ANALYSISRISHIKESH RAJ
This document compares the economies, agriculture sectors, and foreign direct investment (FDI) levels of India and China. It notes that India has a market-based economy and is the world's second largest labor force, while China has transitioned to a more capitalist system from a centrally planned economy. Agriculture contributes a larger percentage to India's GDP and employs more people, but yields are lower than in China. China attracts significantly more FDI than India due to its rapid growth, infrastructure, market size, integration, and political stability. The document also lists ways India could increase its FDI, such as improving infrastructure, reducing corruption and bureaucracy, and accelerating reforms.
The document outlines India's economic growth projections to the year 2020. It discusses India's current GDP growth rate of 8.8% and key sectors like agriculture, manufacturing, and IT that are driving growth. The document also summarizes visions for India's development from late leaders Dr. Abdul Kalam and Dr. C.K. Prahalad, focusing on agriculture, infrastructure, education, healthcare and technology. Strengths like a large workforce and opportunities in sectors like IT are noted, alongside weaknesses such as unemployment and poverty.
The document discusses several macroeconomic factors affecting India's IT industry, including a slowing GDP, high inflation, potential global recession, fluctuations in exchange rates, and government initiatives and regulations. It notes that while the IT industry has been a major contributor to India's GDP, growth has slowed in recent years due to declines in client budgets, deferred projects, and rising costs. Exchange rate volatility and inflation also impact costs and prices.
This document contains a comparative analysis of the economies of India and China presented by Yash Jain, Simran Batra, and Ronak Agrawal. It summarizes the key differences between the two countries' political systems, rates of economic growth, areas of specialization, and statuses in agriculture, manufacturing, services, currencies, and projected futures by 2020. The analysis finds that while China has had faster growth due to its one-party system, India's democracy and large talent pool position it well for long-term strength.
The document discusses key indicators of the Indian economy and agriculture sector. It provides statistics showing India's GDP growth rate, exports, imports, foreign exchange reserves, and FDI inflows have all been increasing in recent years. However, agriculture still faces major problems like low productivity and farmers' debts. The 11th five-year economic plan aims to boost agricultural GDP growth to 4% annually through a second green revolution and increasing irrigation.
The document discusses India's "Make in India" campaign launched in 2014 by Prime Minister Modi to transform India into a global manufacturing hub. It aims to cut red tape and spur foreign investment. Twenty-five priority sectors are identified for manufacturing growth like automobiles, food processing, IT, defense and aviation. Incentives include tax breaks for investments over $100 million. The campaign aims to increase FDI, boost manufacturing from 15% of GDP, and help revive economic growth rates above 5%. Barriers include lack of ease of doing business and need for further reforms.
The document discusses India's manufacturing sector and the Make in India initiative. It provides an introduction to Make in India, which was launched in 2014 by Prime Minister Modi to facilitate investment and boost manufacturing. Data on the rise of various sectors like automobiles, electronics, aviation, textiles, mining, IT/BM, and tourism after the Make in India scheme is presented. Growth enablers of the manufacturing sector like Digital India, Skill India, and investment in infrastructure are outlined. An overview of the 2019 budget for manufacturing notes increased allocations and tax breaks for new units. Trends discussed include rising budgets, market size, living standards, and new technologies like AI and data science. References on the manufacturing sector and Make in India
The document compares the economies of India and China, focusing on key sectors such as education, manufacturing, and services. It notes that while both countries have large populations and are experiencing rapid economic growth, they have taken different paths to development. India's growth has been more driven by services, particularly IT, while China's growth relies more on manufacturing. Infrastructure and foreign investment have been larger factors in China's success compared to India. Both countries still face challenges and opportunities for further economic expansion.
This document compares the economies of India and China over the past 50 years since they were both among the poorest countries. It outlines key differences in their political systems, growth rates, areas of specialization, and economic indicators. China adopted economic reforms earlier in 1978 and has grown faster at 9.5% annually compared to India's 6% growth. While China dominates manufacturing, India is rising in services. Both countries continue facing challenges to transitioning their economies and maintaining growth.
India has experienced strong economic growth in recent decades, becoming the world's fastest growing major economy. Its economy has grown at an average of 6-7% annually since economic liberalization in 1991. India's GDP is expected to continue growing around 7.5% through 2021. Agriculture remains an important sector, absorbing most of the workforce, though services now contribute the largest portion to GDP. The government aims to double farmers' incomes by 2022 through increased investment in infrastructure and adoption of new technologies. Fast growing industries include renewable energy, cybersecurity, biotechnology, and artificial intelligence.
INDIAN ECONOMY & SECTORIAL CONTRIBUTION IN GDP.Ammar Dalvi
The Indian economy has a GDP of $1.824 trillion, with the service sector contributing the most at 56.9% of GDP. Agriculture contributes 17.4% despite facing problems like poor infrastructure and lack of storage facilities. The industrial sector, including textiles, retail, and manufacturing, contributes 28.8% but has potential for more growth. Information technology and business process outsourcing are major contributors to the strong service sector. Addressing agricultural challenges and increasing manufacturing output could help develop the Indian economy further.
In the publication "India 2020 Economy Outlook", D&B attempts to evaluate and analyse the prospects of the Indian economy over the next six years. This publication provides a forecast of key macroeconomic variables over the next few years. The publication also covers analysis of various Indian states with respect to their potential to contribute to India’s growth. It also analyses various enablers and major policy initiatives that would drive and facilitate India’s economic journey. It also presents various challenges to growth in the next few years.
This document summarizes the current unemployment situation in India. It discusses how unemployment in India has increased to 7.6% in December 2019, with 18.6 million Indians unemployed. Major causes of unemployment include the caste system, slow economic growth, population increase, and inflexible government policies. The document also examines how unemployment affects the economy through lower GDP, increased government borrowing, lost human capital, and loss of earnings. It concludes that recent government policies have not promoted industry growth and some temporary industry shutdowns have occurred.
The document performs a SWOT (Strengths, Weaknesses, Opportunities, Threats) analysis of the Indian economy. It identifies several strengths like a large agriculture sector, high English proficiency, and a growing IT industry. Weaknesses include poverty, inequality, and overreliance on agriculture. Opportunities lie in foreign investment, infrastructure growth, and a large domestic market. Threats include global economic slowdowns, high fiscal deficits, and inflation. The conclusion is that while the economy faces challenges, its youthful population and predicted future growth positioning India to become the third largest economy globally by 2025.
The document compares manufacturing in India and China. It discusses that India is moving toward high-end manufacturing and its manufacturing sector contributes 16% to GDP. Compensation costs in India are not directly comparable to other countries due to differences in organized vs unorganized sectors. In China, manufacturing contributes 44.1% to GDP and accounts for 11.3% of employment, with electronics, food, and machinery being major industries. A comparison notes factors like lower hourly costs and preferential policies that have led to growth in India, while lower foreign investment and restrictive labor laws have slowed it, and China has even lower hourly costs than most countries.
The document summarizes India's economic development over time. It notes that India will become the 3rd largest economy in the world by 2032 according to Goldman Sachs projections. India adopted socialist policies from 1947-1991, which led to slow growth. After adopting liberalization, privatization, and globalization policies in 1991, India's economy grew significantly faster. Major industries now include services, telecommunications, pharmaceuticals, and information technology.
India is experiencing rapid economic growth but there are still significant poverty and development issues, according to the document. While India's GDP growth rate is around 9.2%, over 70% of the population depends on agriculture, where growth has been only 2.7%. Two key regions, Eastern India and Central Tribal India, have very high poverty rates. Other ongoing problems include malnutrition, lack of education access, unemployment, and corruption. So while India is developing economically in some areas, it is not benefiting all citizens equally and poverty remains a major challenge.
This document compares economic growth in India and China since 1980. It outlines that prior to reforms in China in 1978-79, the economy was planned and controlled with an absence of private sector and restrictions on foreign trade, resulting in low growth. The 1978-79 reforms encouraged private enterprises, market forces, trade, and investment, leading to high agricultural and industrial growth, reduced poverty, and increased literacy and foreign investment. Both India and China experienced increased output, trade, and reduced poverty after 1980 due to economic liberalization and reforms.
The document provides a SWOT analysis of the Indian economy. It outlines that India has the 9th largest economy globally and underwent major economic reforms in the 1990s. The strengths of the Indian economy include its robust growth, strong agriculture sector, large workforce, and high savings rate. However, the economy also faces weaknesses such as overdependence on agriculture and monsoon, high poverty and illiteracy rates. There are opportunities to encourage sectors like agriculture, SMEs and infrastructure development. But threats include terrorism, corruption, inflation and the global economic downturn. The document concludes by noting India faces challenges from fiscal deficits, currency depreciation and inflation but hopes for economic improvements.
The document summarizes the history and growth of the IT sector in India. It discusses how India became a global leader in IT services, with the sector growing at over 35% annually and accounting for over 7.5% of India's GDP. The top IT companies in India include Tata Consultancy Services, Infosys, and Wipro, and the sector is projected to attract $4-5 billion in foreign direct investment and create over 2 million new jobs by 2020.
This document contains the keynote address delivered by R.Kannan of Hinduja Group at the 4th International Multi-Disciplinary Conference on Transition and Transformation in the 3rd Millennium. Some key points:
- The conference featured research papers on topics like strategic marketing, business ethics, CSR, global management and more.
- Advancements in the 3rd millennium have been rapid, bringing disruption, uncertainty and complexity. Countries' economic dominance has shifted over time.
- India is poised to become the most populous country with the largest youth population and number of entrepreneurs. It is forecast to grow over 7% annually, bringing opportunities but also challenges.
- India has transformed from agriculture
India has the seventh largest economy in the world by nominal GDP and third largest by purchasing power parity. It has experienced rapid growth since economic reforms in 1991 opened the economy. However, it still faces challenges of poverty, corruption, and other issues. The large service sector makes up over half of India's GDP, while industry and agriculture also contribute. Major industries include textiles, pharmaceuticals, software, and transportation equipment. Trade has also increased as a percentage of India's economy in recent decades.
The document compares India and China's economic growth and development strategies. It discusses how both countries adopted Soviet-style centrally planned economies after 1949 in China and 1947 in India. While China's economy was entirely state-owned and controlled, India's was mostly privately owned except in key industries. Both countries have since liberalized their economies and emerged as global economic powers with high growth rates. China liberalized earlier in the 1980s while India's liberalization began in the 1990s. China's infrastructure is more developed compared to India. The document also compares sectors such as IT/BPO, communication capabilities, capital markets, and company management between the two countries.
The service sector in India has grown rapidly in recent times and now accounts for over half of India's GDP. Growth has been driven by the development of skill-intensive IT and professional services catering to external markets. While the service sector provides many jobs, official employment figures likely understate the total as much work is informal. The rapid growth of the IT and ITES industries has contributed significantly to the expansion of India's service economy. Key factors driving growth include low costs, supportive government policies, and an available skilled workforce. [/SUMMARY]
The service sector has become the largest and fastest growing sector in India's economy over the last few decades, contributing over half of India's GDP. Key drivers of growth have been the IT/ITES industries, financial services, retail, and other consumer services. However, economic growth has not been evenly distributed across sectors or regions. The government is taking steps to boost GDP and make growth more inclusive, such as policies to increase FDI, SEZs, and NRI investment. Leading developed countries also rely heavily on their large service sectors for economic output and employment.
The document discusses key indicators of the Indian economy and agriculture sector. It provides statistics showing India's GDP growth rate, exports, imports, foreign exchange reserves, and FDI inflows have all been increasing in recent years. However, agriculture still faces major problems like low productivity and farmers' debts. The 11th five-year economic plan aims to boost agricultural GDP growth to 4% annually through a second green revolution and increasing irrigation.
The document discusses India's "Make in India" campaign launched in 2014 by Prime Minister Modi to transform India into a global manufacturing hub. It aims to cut red tape and spur foreign investment. Twenty-five priority sectors are identified for manufacturing growth like automobiles, food processing, IT, defense and aviation. Incentives include tax breaks for investments over $100 million. The campaign aims to increase FDI, boost manufacturing from 15% of GDP, and help revive economic growth rates above 5%. Barriers include lack of ease of doing business and need for further reforms.
The document discusses India's manufacturing sector and the Make in India initiative. It provides an introduction to Make in India, which was launched in 2014 by Prime Minister Modi to facilitate investment and boost manufacturing. Data on the rise of various sectors like automobiles, electronics, aviation, textiles, mining, IT/BM, and tourism after the Make in India scheme is presented. Growth enablers of the manufacturing sector like Digital India, Skill India, and investment in infrastructure are outlined. An overview of the 2019 budget for manufacturing notes increased allocations and tax breaks for new units. Trends discussed include rising budgets, market size, living standards, and new technologies like AI and data science. References on the manufacturing sector and Make in India
The document compares the economies of India and China, focusing on key sectors such as education, manufacturing, and services. It notes that while both countries have large populations and are experiencing rapid economic growth, they have taken different paths to development. India's growth has been more driven by services, particularly IT, while China's growth relies more on manufacturing. Infrastructure and foreign investment have been larger factors in China's success compared to India. Both countries still face challenges and opportunities for further economic expansion.
This document compares the economies of India and China over the past 50 years since they were both among the poorest countries. It outlines key differences in their political systems, growth rates, areas of specialization, and economic indicators. China adopted economic reforms earlier in 1978 and has grown faster at 9.5% annually compared to India's 6% growth. While China dominates manufacturing, India is rising in services. Both countries continue facing challenges to transitioning their economies and maintaining growth.
India has experienced strong economic growth in recent decades, becoming the world's fastest growing major economy. Its economy has grown at an average of 6-7% annually since economic liberalization in 1991. India's GDP is expected to continue growing around 7.5% through 2021. Agriculture remains an important sector, absorbing most of the workforce, though services now contribute the largest portion to GDP. The government aims to double farmers' incomes by 2022 through increased investment in infrastructure and adoption of new technologies. Fast growing industries include renewable energy, cybersecurity, biotechnology, and artificial intelligence.
INDIAN ECONOMY & SECTORIAL CONTRIBUTION IN GDP.Ammar Dalvi
The Indian economy has a GDP of $1.824 trillion, with the service sector contributing the most at 56.9% of GDP. Agriculture contributes 17.4% despite facing problems like poor infrastructure and lack of storage facilities. The industrial sector, including textiles, retail, and manufacturing, contributes 28.8% but has potential for more growth. Information technology and business process outsourcing are major contributors to the strong service sector. Addressing agricultural challenges and increasing manufacturing output could help develop the Indian economy further.
In the publication "India 2020 Economy Outlook", D&B attempts to evaluate and analyse the prospects of the Indian economy over the next six years. This publication provides a forecast of key macroeconomic variables over the next few years. The publication also covers analysis of various Indian states with respect to their potential to contribute to India’s growth. It also analyses various enablers and major policy initiatives that would drive and facilitate India’s economic journey. It also presents various challenges to growth in the next few years.
This document summarizes the current unemployment situation in India. It discusses how unemployment in India has increased to 7.6% in December 2019, with 18.6 million Indians unemployed. Major causes of unemployment include the caste system, slow economic growth, population increase, and inflexible government policies. The document also examines how unemployment affects the economy through lower GDP, increased government borrowing, lost human capital, and loss of earnings. It concludes that recent government policies have not promoted industry growth and some temporary industry shutdowns have occurred.
The document performs a SWOT (Strengths, Weaknesses, Opportunities, Threats) analysis of the Indian economy. It identifies several strengths like a large agriculture sector, high English proficiency, and a growing IT industry. Weaknesses include poverty, inequality, and overreliance on agriculture. Opportunities lie in foreign investment, infrastructure growth, and a large domestic market. Threats include global economic slowdowns, high fiscal deficits, and inflation. The conclusion is that while the economy faces challenges, its youthful population and predicted future growth positioning India to become the third largest economy globally by 2025.
The document compares manufacturing in India and China. It discusses that India is moving toward high-end manufacturing and its manufacturing sector contributes 16% to GDP. Compensation costs in India are not directly comparable to other countries due to differences in organized vs unorganized sectors. In China, manufacturing contributes 44.1% to GDP and accounts for 11.3% of employment, with electronics, food, and machinery being major industries. A comparison notes factors like lower hourly costs and preferential policies that have led to growth in India, while lower foreign investment and restrictive labor laws have slowed it, and China has even lower hourly costs than most countries.
The document summarizes India's economic development over time. It notes that India will become the 3rd largest economy in the world by 2032 according to Goldman Sachs projections. India adopted socialist policies from 1947-1991, which led to slow growth. After adopting liberalization, privatization, and globalization policies in 1991, India's economy grew significantly faster. Major industries now include services, telecommunications, pharmaceuticals, and information technology.
India is experiencing rapid economic growth but there are still significant poverty and development issues, according to the document. While India's GDP growth rate is around 9.2%, over 70% of the population depends on agriculture, where growth has been only 2.7%. Two key regions, Eastern India and Central Tribal India, have very high poverty rates. Other ongoing problems include malnutrition, lack of education access, unemployment, and corruption. So while India is developing economically in some areas, it is not benefiting all citizens equally and poverty remains a major challenge.
This document compares economic growth in India and China since 1980. It outlines that prior to reforms in China in 1978-79, the economy was planned and controlled with an absence of private sector and restrictions on foreign trade, resulting in low growth. The 1978-79 reforms encouraged private enterprises, market forces, trade, and investment, leading to high agricultural and industrial growth, reduced poverty, and increased literacy and foreign investment. Both India and China experienced increased output, trade, and reduced poverty after 1980 due to economic liberalization and reforms.
The document provides a SWOT analysis of the Indian economy. It outlines that India has the 9th largest economy globally and underwent major economic reforms in the 1990s. The strengths of the Indian economy include its robust growth, strong agriculture sector, large workforce, and high savings rate. However, the economy also faces weaknesses such as overdependence on agriculture and monsoon, high poverty and illiteracy rates. There are opportunities to encourage sectors like agriculture, SMEs and infrastructure development. But threats include terrorism, corruption, inflation and the global economic downturn. The document concludes by noting India faces challenges from fiscal deficits, currency depreciation and inflation but hopes for economic improvements.
The document summarizes the history and growth of the IT sector in India. It discusses how India became a global leader in IT services, with the sector growing at over 35% annually and accounting for over 7.5% of India's GDP. The top IT companies in India include Tata Consultancy Services, Infosys, and Wipro, and the sector is projected to attract $4-5 billion in foreign direct investment and create over 2 million new jobs by 2020.
This document contains the keynote address delivered by R.Kannan of Hinduja Group at the 4th International Multi-Disciplinary Conference on Transition and Transformation in the 3rd Millennium. Some key points:
- The conference featured research papers on topics like strategic marketing, business ethics, CSR, global management and more.
- Advancements in the 3rd millennium have been rapid, bringing disruption, uncertainty and complexity. Countries' economic dominance has shifted over time.
- India is poised to become the most populous country with the largest youth population and number of entrepreneurs. It is forecast to grow over 7% annually, bringing opportunities but also challenges.
- India has transformed from agriculture
India has the seventh largest economy in the world by nominal GDP and third largest by purchasing power parity. It has experienced rapid growth since economic reforms in 1991 opened the economy. However, it still faces challenges of poverty, corruption, and other issues. The large service sector makes up over half of India's GDP, while industry and agriculture also contribute. Major industries include textiles, pharmaceuticals, software, and transportation equipment. Trade has also increased as a percentage of India's economy in recent decades.
The document compares India and China's economic growth and development strategies. It discusses how both countries adopted Soviet-style centrally planned economies after 1949 in China and 1947 in India. While China's economy was entirely state-owned and controlled, India's was mostly privately owned except in key industries. Both countries have since liberalized their economies and emerged as global economic powers with high growth rates. China liberalized earlier in the 1980s while India's liberalization began in the 1990s. China's infrastructure is more developed compared to India. The document also compares sectors such as IT/BPO, communication capabilities, capital markets, and company management between the two countries.
The service sector in India has grown rapidly in recent times and now accounts for over half of India's GDP. Growth has been driven by the development of skill-intensive IT and professional services catering to external markets. While the service sector provides many jobs, official employment figures likely understate the total as much work is informal. The rapid growth of the IT and ITES industries has contributed significantly to the expansion of India's service economy. Key factors driving growth include low costs, supportive government policies, and an available skilled workforce. [/SUMMARY]
The service sector has become the largest and fastest growing sector in India's economy over the last few decades, contributing over half of India's GDP. Key drivers of growth have been the IT/ITES industries, financial services, retail, and other consumer services. However, economic growth has not been evenly distributed across sectors or regions. The government is taking steps to boost GDP and make growth more inclusive, such as policies to increase FDI, SEZs, and NRI investment. Leading developed countries also rely heavily on their large service sectors for economic output and employment.
Ardantya Syahreza's View on What is Going to Happen After CoronaArdantya Syahreza
Corona Virus Pandemic has brought acceleration to our lifestyle- which become more digital savvy, more health conscious and more environmental conscious.
This new lifestyle predicted to become a new normal. And we should prepare ourselves.
IRJET- Impact of Technology on Indian EconomyIRJET Journal
This document discusses the impact of technology on the Indian economy. It notes that while technology has increased productivity in the primary (agricultural) sector, farmer illiteracy has prevented productivity from increasing to expected levels. In the secondary (manufacturing) sector, automation has both improved efficiency but also eliminated many unskilled jobs. The tertiary (service) sector has seen the fastest growth, particularly e-commerce, which allows small enterprises to expand globally. While technology has benefits, it also presents challenges like job losses to automation and lack of internet access limiting some small businesses.
The document discusses key aspects of the Indian economy across various sectors including agriculture, industry, services, infrastructure, energy, health, education, and goals for the 12th five-year plan. It notes agriculture's contribution to GDP, employment, and as a supplier of wage goods and raw materials. It outlines challenges facing the sector like irrigation and finance, and steps taken like new crop varieties that increased productivity. For industry, it highlights its GDP and employment share and how reforms boosted certain sectors. In services, it emphasizes the growth of IT/ITes and potential in tourism. It stresses the need for investment and job creation in infrastructure like rail, ports, and roads. It also discusses issues and reforms needed in the energy, health
A project report on "Effect of Covid-19 on Indian Economy" and the measures should be taken on boosting the economy......of 2020 version....based on the individual perception and lots of research taken through the official sites.....hope this will help u in doing your own study & research.......Thank u✨
According to Deloitte India’s report on the Indian economy, India still remains the fastest growing large economy in the world. There are various structural drivers and domestic fundamentals that are fueling the rapid growth of the economy. Click here to dive deeper into the Indian economy to understand the robust growth rate across various sectors and much more.
Market Research Report : Agricultural equipment market in india 2015 - SampleNetscribes, Inc.
For the complete report, get in touch with us at: info@netscribes.com
Abstract :
Netscribes’ latest market research report titled Agricultural Equipment Market in India 2015 captures the overall domestic agricultural equipment market. The market comprises land development, tillage and seed development machines, sowing and planting machines, weeding and inter-cultivation machines, plant protection machines, harvesting and threshing machines, post harvesting and agro processing machineries, water lifting, horticultural tools and equipment. Globally, the industry is expected to grow at a steady pace due to the rising demand from Asia Pacific, especially India and China. Indian agricultural equipment market is also registering steady growth. Increased mechanization in agricultural sector amidst low availability of labor along with better rainfall conditions stimulates the demand for tractors among farmers. Improved availability of credit, emergence of contract farming, increased agricultural production targets comprises some of the key factors propelling the agricultural equipment market.
However, the industry also has to contend with several bottlenecks. Fragmentation of land and high cost of equipment pose a hindrance to the growth of the industry. Gender friendly equipment and is slowly gaining prominence. The market has huge opportunity in some of the Indian states such as Bihar, Karnataka and Punjab. Indian agricultural equipment market is poised to grow over the coming years along with the steady economic growth of the country.
Table of Contents :
Slide 1: Executive Summary
Macroeconomic Indicators
Slide 2: GDP at Factor Cost: Quarterly (2011-12 – 2014-15), Inflation Rate: Monthly (Jul 2013 – Dec 2013)
Slide 3: Gross Fiscal Deficit: Monthly (Feb 2013 – Jul 2013), Exchange Rate: Half Yearly (Apr 2014 – Sep 2014)
Slide 4: Lending Rate: Annual (2011-12 – 2014-15), Trade Balance: Annual (2010-11 – 2013-14), FDI: Annual (2009-10 – 2012-13)
Introduction
Slide 5: Snapshot of Agricultural Sector in India, GDP of Agriculture and Allied Sectors (Value-Wise; FY 2010 – FY 2013), GCF in Agriculture and Allied Sector (Value-Wise; FY 2009 – FY 2012)
Slide 6: Classification of Agricultural Equipment
Slide 7: Classification of Agricultural Equipment – Major Agricultural Equipment
Market Overview
Slide 8: Global Agricultural Equipment Market – Overview, Market Size and Growth (Value-Wise; 2013 – 2018e)
Slide 9: Indian Agricultural Equipment Market – Overview, Market Size & Growth (Value-Wise; 2013 – 2018e)
Slide 10: Indian Tractor Market – Overview, Market Size & Growth (Volume-Wise; FY 2013 – FY 2018e)
Export-Import
Slide 11-12: Export of Agricultural Machinery for Soil Preparation (Value and Volume – Wise; FY 2011 –FY 2014), Exports Based on Value – Country-Wise (FY 2013, FY 2014), Export Based on Value and Volume – Product-Wise (FY 2014)
This document provides an overview of the Indian economy through analyzing various economic indicators and trends. It discusses that India has over 1 billion people, with 28% living in urban areas. The economy has experienced high GDP growth of around 9% in recent years. However, poverty and unemployment remain problems, with 27% of Indians living below the poverty line and the unemployment rate at 7.3%. While the service sector has grown significantly, around 60% of Indians still work in agriculture and the informal sector without social security. Overall the economy has liberalized and opened up since the early 1990s, but development remains uneven and greater regular employment is needed for more inclusive growth.
The Make in India initiative was launched in 2014 to transform India into a global manufacturing hub. It aimed to raise manufacturing's contribution to India's GDP and create jobs. Key objectives included increasing manufacturing's growth, its share of GDP, and developing skills. India's economy had slowed and its growth was led by services, but manufacturing is more effective at creating jobs and multiplier effects. The campaign focuses on 25 sectors and has launched various schemes to improve infrastructure, ease of doing business, and build skills. It has helped India improve its global rankings and attract corporate investment, but faces challenges in balancing growth, agriculture, and environmental protection.
This document summarizes a research paper on influencing the rural market in India and overcoming challenges. It begins with background on the size and spending habits of India's rural population. Key points include that rural markets now account for over 68% of India's population and rural spending has increased, especially on discretionary items. However, many companies have struggled to profit from the rural market due to challenges like inadequate transportation and media coverage in rural areas. The document then examines strategies for rural marketing, opportunities in the rural market, and how consumption of various products is increasing faster in rural versus urban India. It concludes by identifying significant factors for rural marketing and discussing challenges companies face in penetrating the rural market.
The Indian services sector remains the key driver of economic growth in India, contributing over half of India's GDP. Some of the major factors contributing to growth include the expansion of banking and financial services due to government policies promoting financial inclusion, a large skilled workforce supporting the growth of IT/ITeS exports, and rising incomes and domestic demand boosting sectors like tourism and telecom. The government has also introduced various initiatives like 'Startup India' and policies liberalizing FDI to create an attractive ecosystem for the services sector in India.
INDIA’S GDP IN PRE AND POST GLOBALISED ERA: AN APPRAISALIAEME Publication
The quintessence of the present study is to have an overview of GDP (Gross Domestic Product) and its importance to the economy. In addition the present study also aims to highlight the India’s GDP figures since 1964, recent contribution of various sectors (i.e. agriculture, industry and services) in India’s GDP and impact of LPG (Liberalisation Privatisation Globalisation) policy on India’s GDP.
India has the 11th largest GDP in the world and is a member of the G20 and BRICS. While India's per capita income is low, ranking 129th globally, its economy has grown significantly in recent decades through economic reforms and liberalization. The services sector contributes over half of India's GDP, while agriculture remains an important employer, with over half the population depending on it for livelihood. Infrastructure development, including investments in transportation and energy, remains a government priority to support continued economic growth.
The document discusses the Economic Survey of India and provides context around key economic indicators. It summarizes that the Economic Survey reviews India's economic performance in the previous year and aims to inform the formulation of the upcoming budget. It then highlights some of the key figures from the 2005-2006 Economic Survey such as GDP growth projected at 8.1%, agriculture growth at 2.3%, and inflation projected at 5%. The document also discusses concepts like fiscal deficit, revenue deficit, and debt indicators for central and state governments combined.
The document provides an overview of the IT and ITES sector in India from an economic perspective. It discusses key topics such as the sector's contribution to India's GDP and employment, its landscape and growth trends, geographical distribution of exports, and challenges and opportunities around areas like emerging markets, delivery centers, and small/medium enterprises. The sector has grown significantly over the past decade but still faces challenges around competition, talent shortage, and maintaining its cost advantage to continue its strong growth trajectory.
Economics - Over dependence On Service Sector Ppt - Done By Eco GrpKunj _R
The document discusses India's overdependence on the service sector. It notes that while the service sector contributes nearly half of India's GDP and is the largest and fastest growing sector, overdependence on it is not good for the economy and can lead to issues like unemployment. The service sector provides employment to around 52% of the working population but lacks capital formation. There is a need for India to develop its agriculture and manufacturing sectors further to balance economic growth and employment opportunities across different sectors.
Impact of Government Policies on productivityBirpartap Singh
Government policies have impacted productivity in various sectors in India. In manufacturing, total factor productivity growth was slow or negative from 1951-1979 but has not improved significantly in the post-reform period from 1980-2007. In agriculture, total factor productivity growth rates were approximately 1.45-2.33% per year between 1973-1993. In the automotive industry, policies like allowing 100% FDI and exempting manufacturing from licensing have supported growth. However, productivity in India's defense sector has been limited by the government's failure to sufficiently encourage private sector involvement in defense production.
Mizoram has a road network of over 7,600 km, including over 4,700 km of black-top roads. The state has a road density of 36.2 km per 100 sq km. Mizoram is connected to other states through several national highways, with the total length of national highways being 1,423 km. The key agencies maintaining roads in the state are the Public Works Department and the Border Roads Organisation.
The document discusses contemporary trends in India's economy and marketing sectors. It notes that India has the 4th largest economy globally and has experienced strong growth rates in sectors like IT and manufacturing. The rural sector remains largely untapped and presents major opportunities. Key strategies discussed include expanding infrastructure and targeting rural consumers through affordable products and technology. The services, retail, and export sectors are also outlined as major drivers of growth. The document concludes by emphasizing India's strong economic outlook and human capital as factors that will support continued prosperity.
Fleet management these days is next to impossible without connected vehicle solutions. Why? Well, fleet trackers and accompanying connected vehicle management solutions tend to offer quite a few hard-to-ignore benefits to fleet managers and businesses alike. Let’s check them out!
How To Fix The Key Not Detected Issue In Mercedes CarsIntegrity Motorcar
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Implementing ELDs or Electronic Logging Devices is slowly but surely becoming the norm in fleet management. Why? Well, integrating ELDs and associated connected vehicle solutions like fleet tracking devices lets businesses and their in-house fleet managers reap several benefits. Check out the post below to learn more.
Your VW's camshaft position sensor is crucial for engine performance. Signs of failure include engine misfires, difficulty starting, stalling at low speeds, reduced fuel efficiency, and the check engine light. Prompt inspection and replacement can prevent further damage and keep your VW running smoothly.
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13. 1-5 INDIAN ECONOMY
Long term growth trend of 6.6%
2019 - GDP growth rate has dropped below that number for 2
consecutive quarters
2019 - Quasi-recession (decreased consumer spending & less
investments)
September 2019 - 10 straight months of auto sales decline (worst in 2
decades)
17. Consumer Preference
● Growing interest in Electric vehicles
● Technological Innovation
● Diesel over gasoline vehicles
● Car body style preferences
18.
19. Hyundai Kona MG eZS
Upcoming Electric Cars In India
Re
Maruti Suzuki Wagon
Mahindra XUV 300 EV Tata Altroz EVNissan Leaf
28. References
❖ International Journal of Interdisciplinary and Multidisciplinary Studies (IJIMS),
2014, Vol 1, No.6, 21-33.
❖ World Bank 2019
❖ www.focus-economics.com
❖ www.tragindeconomics.com
❖ http://www.blog.sanasecurities.com/outlook-of-stocks-in-the-indian-
automobile-industry/
❖ https://www.researchgate.net/publication/327070602_Consumer_Buying_Beha
viour_of_Cars_in_India_-_A_Survey
❖ https://www.team-bhp.com/forum/indian-car-scene/195012-indian-car-sales-
interesting-charts-depicting-brand-budget-fuel-body-style-preferences-3.html
❖ https://economictimes.indiatimes.com/industry/auto/india-pips-germany-ranks-
4th-largest-auto-market-now/articleshow/63438236.cms?from=mdr
❖ https://www.best-selling-cars.com/global/2018-full-year-international-global-
top-selling-car-models/
❖ https://www.slideshare.net/shritheja/swot-analysis-of-automobile-industry-in-
india
Editor's Notes
Agriculture - largest producer of milk. Second largest produce of rice, wheat, and others.
Industry - automotive, textiles, pharmaceuticals
Services - IT, telecommunications and software
In 2017, almost half of India’s GDP was generated by the services sector, a slight and steady increase over the last 10 years. Among the leading services industries in the country are telecommunications, IT, and software.
In 2018, 43.86 percent of the workforce in India were employed in agriculture, while the other half was almost evenly distributed among the two other sectors, industry and services. While the share of Indians working in agriculture is declining, it is still the main sector of employment.
Projections (from article written in November of 2018
India’s economy recently surpassed China's to become the world’s fastest growing large economy. We forecast India’s growth at 7.4% FY 2019.
The GDP per Capita, in India, when adjusted by Purchasing Power Parity is equivalent to 39 percent of the world's average. GDP per capita PPP in India averaged 3624.14 USD from 1990 until 2018, reaching an all time high of 6899.20 USD in 2018 and a record low of 1887 USD in 1991.
The Gross Domestic Product (GDP) in India was worth 2726.32 billion US dollars in 2018. The GDP value of India represents 4.40 percent of the world economy. GDP in India averaged 587.93 USD Billion from 1960 until 2018, reaching an all time high of 2726.32 USD Billion in 2018 and a record low of 37.03 USD Billion in 1960.