The gourmet food market in India has witnessed a transformational change over the past few years and is expected to continue its growth trend in coming times with a compound annual growth rate (CAGR) of around 20 per cent.
Accounting for about 32 per cent of the country’s total food market, the food processing industry is one of the largest industries in India and is ranked fifth in terms of production, consumption, export and expected growth. Expected to grow at over 10 per cent.
Indian telecommunications have been speeding up the growth curve at an unstoppable pace; emerging as one of the key sectors responsible for India’s resurgent economic growth. It is the fastest growing and third largest telecommunication market in the world.
Despite strict government controls, changing lifestyles and higher disposable incomes; the industry has seen a sharp increase in the demand and consumption of alcoholic beverages. So much so, the alcoholic beverage market is growing at an annual rate of over 20% in India. This is, in itself an extremely promising scenario for the Spirits sector.
The Group is steadily developing select relations across the globe, with partner offices spread across the Asian markets, offering sourcing and distribution opportunities to its current and new alliances. A key area of network development has been in the field of SeaFood Sourcing
Although the organized retail has established its presence in the country with over 12 million retail outlets, it accounts for only 4 – 7 per cent of the total retail market. The growth potential in this segment is therefore immense. Estimated to be the 12th largest in the world and growing at the rate of 25 per cent per annum, the Indian luxury retail market is slated to leap-frog ahead.
The electronics market in India is one of the largest in the world and is projected to grow at a compound annual growth rate (CAGR) of over 20 per cent during 2012-2020.
The growing customer base and the increased penetration in consumer durables segment has provided enough scope for the growth of the Indian electronics sector.
India is currently ranked 11th in the global OTC market in size, with an expectation that it will get to the 9th position over the next few years, growing at a CAGR of 8-9%.
Godrej Locking Solutions & Systems, India’s symbol of security & protection is a name etched in metal that adorns almost every door in India. And this has been so for generations, in fact ever since the first lock rolled out of the small plant set up by Ardeshir Godrej in 1897.
The India Digital Camera Market which was previously dominated by Point & Shoot segment is now experiencing an inclination towards DSLR cameras; with a registered annual shipments of appox. 2 million units.
As per a Nielsen report, the confectionery category is estimated to be growing at 8 percent in 2014. While the confectionery market has always been fragmented and continues to be so with more than3,200 brands operating in the category, growth has been driven by the emergence of new segments.
As the Indian confectionery market continues to evolve, strong trends have come to the fore, which are expected to drive and propel the growth potential of the confectionery market and the categories within it.
Earlier in India, watches were seen as a luxury item. However, watches are now witnessing a fundamental change in perception, and are now gaining respect as an essential utility item. With the liberalization of the Indian market, coupled with the rising purchasing power of the young and consumerist Indians, watch industry in India seems to have a lot of potential to grow in the global market.
The Titan Company (a part of the TATA Group) possesses almost 65% of the total market share of the organized watch market in the country
The Delite Theater is said to be the FIRST Cinema Theater in South India; still in existence and operation, now sits as the Head Office for the Group Companies
India is the world’s largest sourcing destination for the information technology (IT) industry, accounting for approximately 52 per cent of the US$ 124-130 billion market. The industry employs about 10 million Indians and continues to contribute significantly to the social and economic transformation in the country.
India, the fourth largest base for young businesses in the world and home to 3,000 tech start-ups, is set to increase its base to 11,500 tech start-ups by 2020, as per a report by Nasscom
Tobacco, in India, makes a significant contribution to the national economy by earning about sizble of foreign exchange, besides accruing a large contribution to the central exchequer by way of excise levies on manufactured tobacco. Tobacco is an important commercial crop that provides employment to nearly 36 million people, who are engaged in the various process of tobacco cultivation, curing, grading, manufacturing and marketing.