IBEF - Business Opportunities in India: Investment Ideas, Industry ...
Fact of the day - India's FMCG sector grew 5.7% by value and 4.1% by volume in Q2, with rural markets leading in growth, while small manufacturers rebounded and major players lagged in value growth, reports NielsenIQ. It has been brought to our notice that certain members of the public have received employment offer from IBEF that requires ...
Indian Economy Growth Rate, GDP & Economic Structure Insights …
Oct 11, 2024 — The net employment rate needs to grow by 1.5% per annum from 2023 to 2030 to achieve 8-8.5% GDP growth between same time periods. India’s current account deficit (CAD) narrowed to 0.7% of GDP in FY24. The CAD stood at US$ 9.7 billion for the Q1 2024-25 from US$ 8.9 billion in Q1 2023-24 or 1.1% of GDP. This was largely due to decrease in ...
Economic Development Monthly Report: Analysis of Indian …
The real GDP growth rate for FY25 is projected at 7.2% compared to the estimated growth rate of 8.2% in FY24. For the second quarter of 2024-25, growth is estimated at 7.0% and is expected to reach 7.4% in the third quarter of 2024-25. These figures highlight the Indian economy's resilience, driven by strong domestic demand, despite rising ...
Foreign Direct Investment (FDI) in India, FDI Inflows | IBEF
In June 2024, India saw a rise in outward foreign direct investment (FDI) commitments to US$ 2.14 billion compared to US$ 1.14 billion in June 2023. However, these commitments decreased from US$ 2.22 billion in May 2024 according to data from the Reserve Bank of India (RBI). Over the period of April-June 2024, the total outward FDI amounted to ...
Business Opportunities in India: Investment Ideas, Industry ... - IBEF
Literacy Rate: 66.1 %. Key Industries: Cement, tourism, IT and ITeS, ceramics, handicrafts, chemicals, textile, marble and steel. View Complete Report. Govt Trust IBEF is the largest resource centre providing accurate information on the Indian Economy, Business Opportunities in India, Investment Ideas, Industry Research, etc. Learn more...
About India Brand Equity Foundation (IBEF)
India Brand Equity Foundation (IBEF) is a Trust established by the Department of Commerce, Ministry of Commerce and Industry, Government of India. IBEF's primary objective is to promote and create international awareness of the Made in India label in markets overseas and to facilitate dissemination of knowledge of Indian products and services.
Indian FMCG Industry Analysis - IBEF
The FMCG sector’s revenue reached Rs. 4.7 lakh crore (US$ 56.8 billion) as of December 2022. FMCG sales in the country grew 7-9% by revenues in 2022-23. The FMCG industry has grown by 10.9% in the quarter ending June 2022, versus 6% in the previous quarter. The sector had grown 8.5% in revenues and 2.5% in volumes last fiscal year.
Economic Survey 2022-23 - IBEF
State of the Economy 2022-23: Recovery Complete. Recovering from pandemic-induced contraction, Russian-Ukraine conflict and inflation, the Indian economy is staging a broad-based recovery across sectors, positioning to ascend to the pre-pandemic growth path in FY23. India's GDP growth is expected to remain robust in FY24.
India's Renewable Energy Growth: Solar Power & More | IBEF
The generation during 2022-23 was 1624.158 BU as compared to 1491.859 BU generated during 2021-22, representing a growth of about 8.87%. The installed solar energy capacity has increased by 26 times in the last 9 years and stands at 73.32 GW as of December 2023. In 2023, India has added 7.5 GW of solar power capacity.
DIGITAL PAYMENTS AND THEIR IMPACT ON THE INDIAN …
DIGITAL PAYMENTS AND THEIR IMPACT ON THE INDIAN ECONOMY. India has a huge potential for digital payments. As of October 2021, the country had around 1.18 billion mobile connections, 700 million Internet users, and about 600 million smartphones. These numbers are growing rapidly each quarter. With about 25.5 billion real-time payment ...