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New Delhi: India’s food processing sector today stands as a vital pillar of the economy, contributing 7.7% to the country’s manufacturing output and providing livelihoods to more than seven million people. Valued at USD 535 billion by 2025–26, the industry is being propelled by rising domestic consumption, growing exports, and government initiatives under the ‘Make…
New Delhi: Major real estate players in the sector are expected to maintain growth momentum through new launches. A report by Motilal Oswal projects that new launches will grow at a 12% compound annual growth rate (CAGR) over the Financial Years (FY) 2025–27. The report noted that several FY25 launches will spill over into FY26…
New Delhi: The Indian semiconductor industry’s revenues are likely to double from $54 billion to $108 billion between 2025 to 2030, according to a report by financial services firm UBS. The report expects India to gain amid the US-China tariff war that will put the communist giant at a disadvantage and see India emerging as…
New Delhi: Driven by strong fundamental and robust economic growth, the domestic benchmark indices are set to give positive returns in 2024 for the ninth consecutive year. As per a report by Standard Chartered bank, 2024 was a year of two distinct halves for Indian equities and bonds. While the first half saw strong growth,…
New Delhi: Driven by 5G service expansions, the mobile broadband services revenue in the Asia-Pacific region is likely to grow at a compound annual growth rate (CAGR) of 5.2 per cent from $229.6 billion in 2024 to $296.2 billion in 2029, according to a new report. It will mainly be driven by the growing availability…
New Delhi: Most of the Indian enterprises (94 per cent) are now using generative AI (GenAI) in at least one function, the highest percentage globally across 19 countries surveyed, according to a report on Monday. However, only 24 per cent of Indian respondents believe their GenAI applications are production-ready as respondents across Asia-Pacific cite key…