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TwitterIn 2023, 43.51 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. A BRIC powerhouseTogether with Brazil, Russia, and China, India makes up the four so-called BRIC countries. They are the four fastest-growing emerging countries dubbed BRIC, an acronym, by Jim O’Neill at Goldman Sachs. Being major economies themselves already, these four countries are said to be at a similar economic developmental stage -- on the verge of becoming industrialized countries -- and maybe even dominating the global economy. Together, they are already larger than the rest of the world when it comes to GDP and simple population figures. Among these four, India is ranked second across almost all key indicators, right behind China. Services on the riseWhile most of the Indian workforce is still employed in the agricultural sector, it is the services sector that generates most of the country’s GDP. In fact, when looking at GDP distribution across economic sectors, agriculture lags behind with a mere 15 percent contribution. Some of the leading services industries are telecommunications, software, textiles, and chemicals, and production only seems to increase – currently, the GDP in India is growing, as is employment.
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TwitterIn financial year 2020, the manufacturing segment received the highest amount of investments within the infrastructure sector worth **** billion U.S. dollars. Compared to the previous years, the total investment value across the seven segments was relatively low.
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India Number of Registered Company: New: Limited: Trade, Hotels and Restaurants data was reported at 9,018.000 Unit in 2018. This records an increase from the previous number of 8,570.000 Unit for 2017. India Number of Registered Company: New: Limited: Trade, Hotels and Restaurants data is updated yearly, averaging 10,912.000 Unit from Mar 2006 (Median) to 2018, with 13 observations. The data reached an all-time high of 18,279.000 Unit in 2011 and a record low of 6,436.000 Unit in 2015. India Number of Registered Company: New: Limited: Trade, Hotels and Restaurants data remains active status in CEIC and is reported by Ministry of Corporate Affairs. The data is categorized under India Premium Database’s Investment – Table IN.OC007: Registered Company: New: Limited: by Sector: Number of Company.
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The Indian manufacturing sector, valued at $310.30 million in 2025, is poised for robust growth, exhibiting a Compound Annual Growth Rate (CAGR) of 9.11% from 2025 to 2033. This expansion is fueled by several key drivers. Government initiatives promoting "Make in India" are attracting significant foreign direct investment and stimulating domestic production. Rising disposable incomes and a burgeoning middle class are driving increased demand for consumer goods, particularly in the automotive, consumer electronics, and food and beverage sectors. Furthermore, India's strategic location and relatively low labor costs compared to other manufacturing hubs make it an increasingly attractive destination for global manufacturers. The sector is segmented by ownership (public, private, joint, cooperative), raw materials used (agro-based, mineral-based), and end-user industries (automotive, manufacturing, textile, consumer electronics, construction, food & beverage, others). Leading players such as Tata Motors, Mahindra & Mahindra, Ashok Leyland, Hindustan Unilever, and others contribute significantly to the market's dynamism. However, challenges remain, including infrastructure bottlenecks, skill gaps in the workforce, and navigating complex regulatory environments. Overcoming these hurdles will be crucial to fully realizing the sector's growth potential. Despite challenges, the forecast for the Indian manufacturing sector is optimistic. Continued growth in key end-user industries like automotive and consumer electronics, coupled with government support for infrastructure development and skill enhancement programs, will likely accelerate the market expansion. The diversification of the manufacturing base beyond traditional sectors, embracing technological advancements, and focusing on sustainable practices will play a critical role in the sector’s long-term success. The presence of established multinational corporations alongside a vibrant domestic industry ensures a competitive and dynamic marketplace, positioning India as a significant manufacturing powerhouse in the coming years. Recent developments include: January 2023: Sundram Fasteners, an auto component manufacturer, won the biggest EV contract in its 60-year history. The Chennai-based company was awarded a USD 250 million contract by a leading global automobile manufacturer to supply sub-assemblies for its electric vehicle (EV) platform. The company estimates an annual sales peak of USD 52 million in 2026 with a supply of 1.5 million drive unit sub-assemblies per annum.January 2023: Tata Motors (an Indian multinational automotive manufacturing company) announced plans to set up plants in India and Europe to produce battery cells for electric vehicles. The company dominates the country's EV market, with total sales of 50,000 electric cars to date. It outlined plans to launch 10 electric models by March 2026.. Key drivers for this market are: The government has introduced several initiatives under the banner of "Make in India", India boasts a sizable pool of skilled labor, facilitating the establishment of manufacturing facilities for companies in various sectors. Potential restraints include: The government has introduced several initiatives under the banner of "Make in India", India boasts a sizable pool of skilled labor, facilitating the establishment of manufacturing facilities for companies in various sectors. Notable trends are: Growing Government Spending is Expected to Boost the Market’s Growth.
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Provide Taiwanese businessmen with information on Indian local market opportunities, industry policies, Taiwanese industry clusters, local competitor analysis, and suggestions for Taiwanese layout as a reference for investment layout.
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TwitterIn 2023, 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. The IT factorThe IT industry is a vital part of India’s economy, and in the fiscal year of 2016/2017, it generated about 8 percent of India’s GDP alone – a slight decrease from previous years, when it made up about 10 percent of the country’s economy. Nevertheless, the IT industry is growing, as is evident by its quickly increasing revenue and employment figures. IT includes software development, consulting, software management, and online services, and business process management (BPM). Employee migrationAlthough employment figures in IT, and thus in the services sector, are on the rise, most of the Indian workforce is still employed in agriculture, however, the figures show a trend pointing towards a reversal of this distribution. For now, the majority of Indians still do not live in cities – where IT jobs are generated – but urbanization is on the rise as well.
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India IN: SUNPI: Revenue (External) by Geography: Emerging Markets data was reported at 52,221,600.000 INR th in 2018. This records an increase from the previous number of 49,074,200.000 INR th for 2017. India IN: SUNPI: Revenue (External) by Geography: Emerging Markets data is updated yearly, averaging 49,074,200.000 INR th from Mar 2016 (Median) to 2018, with 3 observations. The data reached an all-time high of 52,221,600.000 INR th in 2018 and a record low of 39,075,500.000 INR th in 2016. India IN: SUNPI: Revenue (External) by Geography: Emerging Markets data remains active status in CEIC and is reported by Sun Pharmaceutical Industries Limited. The data is categorized under World Trend Plus’s Top Company: Pharmaceutical and Biotechnology: Asia Excluding China – Table RT.AT002: Sun Pharmaceutical Industries Limited (SUNPI): Financial Data Breakdowns.
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The India semiconductor market is booming, projected to reach $135.8 billion by 2033 with a 16% CAGR. Driven by government initiatives and strong domestic demand, this report analyzes market trends, key players (Tata Group, Intel, Samsung), and segment growth across integrated circuits, discrete semiconductors, and more. Recent developments include: July 2024: AMD announced a partnership with the Society for Innovation and Entrepreneurship (SINE) at IIT Bombay. Through this collaboration, AMD will provide grants to startups incubated at IIT Bombay focused on developing energy-efficient Spiking Neural Network (SNN) chips. These startups will be working on innovative ways to decrease the energy consumption of traditional neural networks. As part of this partnership, Numelo Technologies was awarded the first grant to develop SNN chips using ultralow power quantum tunneling on silicon-on-insulator (SOI) technology., July 2024: Horiba, a Japanese analytical and measurement solutions company with a valuation of USD 2.5 billion, announced that it was considering establishing a unit in India. This facility aims to serve the needs of India's developing fabrication (fab) plants, OSAT (outsourced semiconductor assembly and test) companies, and ATMP (modified assembly, testing, marking, and packaging) players, as well as the expanding global market.. Key drivers for this market are: Growing Automotive Industry and EV Demand, Smartphone and Consumer Electronics Demand Growth; Growing Telecom Infrastructure Augmented by 5G and Fixed Internet Connections. Potential restraints include: Growing Automotive Industry and EV Demand, Smartphone and Consumer Electronics Demand Growth; Growing Telecom Infrastructure Augmented by 5G and Fixed Internet Connections. Notable trends are: The Sensors and Actuators Segment is Expected to Witness Significant Growth.
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New Capital Raised: No of Issue: Information Technology data was reported at 0.000 Unit in Oct 2018. This stayed constant from the previous number of 0.000 Unit for Sep 2018. New Capital Raised: No of Issue: Information Technology data is updated monthly, averaging 0.000 Unit from Oct 1997 (Median) to Oct 2018, with 238 observations. The data reached an all-time high of 15.000 Unit in Jul 2000 and a record low of 0.000 Unit in Oct 2018. New Capital Raised: No of Issue: Information Technology data remains active status in CEIC and is reported by Securities and Exchange Board of India. The data is categorized under Global Database’s India – Table IN.ZA036: New Capital Raised: by Industry.
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The size of the E Commerce Industry in India market was valued at USD XXX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 21.50% during the forecast period.In simple terms, e-commerce is called electronic commerce where goods and services are bought or sold on the internet. This comprises several online activities that include online shopping, digital transaction, and online marketing among others. E-commerce provides an online marketplace which enables businesses to sell or showcase their products and services and reach the global market. Using an e-commerce platform, shoppers can browse and purchase items from any corner of their homes conveniently.Indian e-commerce is one of the fastest-growing sectors of the global economy. With Internet penetration and smartphone penetration still on the rise, this market in India has exploded over the past few years. Online shopping is very convenient; it offers a wider range of products and very competitive pricing; also, most companies today allow people to make safe payments.Big players that dominate the Indian e-commerce landscape include Amazon, Flipkart, and many more online retailers that sell from electronics and fashion to groceries and home appliances.Additionally, the emergence of e-commerce marketplaces has empowered small and medium-sized businesses to reach a wider customer base and compete with bigger retailers. Recent developments include: June 2023 - American tech giant Amazon has committed to investing an additional USD 15 billion in India over the next seven years. This will take the company’s total India investment across all businesses to USD 26 billion. Amazon has already invested USD 11 billion in India. The company has pledged to digitize 10 million small businesses, enable USD 20 billion in exports, and create two million jobs in India by 2025., January 2023 - Ecommerce major Flipkart’s Singapore-based parent has invested INR 722 Cr (USD 90 Mn) in its Indian marketplace arm. The fresh capital was raised from two entities – Flipkart Marketplace Private Limited and Flipkart Private Limited, which are domiciled in Singapore.. Key drivers for this market are: Increased Internet Penetration Across the Country, Supportive Government Policies and Regulatory Framework. Potential restraints include: Privacy and security concerns. Notable trends are: Internet Plays a Significant Role in Market Growth.
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TwitterThis dataset contains a list of new startups in India along with their incubation center, location, sector, and company profile. The dataset can be used to analyze the startup ecosystem in India and to identify trends and patterns in the industry.
The incubation center column contains the name of the incubation center where the startup is located. An incubation center is a facility that provides resources and support to startups in their early stages of development.
The location column contains the city where the startup is located.
The sector column contains the industry sector that the startup operates in.
The company profile column contains a brief description of the startup and its products or services. The dataset has one file, Listofstartups.csv, with five columns and 238 rows.
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SENSEX Index (Annual Closing Value) – Benchmark index of the Bombay Stock Exchange (BSE)
GDP Growth (%) – Annual real GDP growth rates (constant prices)
Inflation Rate (%) – Annual consumer price index (CPI)-based inflation
Exchange Rate (INR/USD) – End-of-year nominal exchange rate
Market Capitalization (INR billion) – Total BSE market value
Trading Volume (Million Shares) – Aggregate trading activity per year
All data have been sourced from official publications including the Reserve Bank of India (RBI), BSE archives, International Monetary Fund (IMF), and World Bank.
The dataset is structured in wide format, with each row representing a calendar year from 1980 to 2024 and each column representing one variable.
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This dataset contains detailed records of India’s principal commodity-wise exports to various countries from 2017–18 to 2022–23 (skipping 2020–21 due to COVID-related data gaps). The data is structured annually and provides insights into:
Exported commodity names Destination countries Export quantity Export value (in USD million) Measurement units
These records are sourced from https://www.data.gov.in/ and are valuable for analysts, researchers, and policymakers studying international trade trends, market demand, and sector-wise export performance.
📁 Files Included File Name Year Format Principal_Commodity_wise_export_201718.csv 2017–18 CSV Principal_Commodity_wise_export_201819.csv 2018–19 CSV Principal_Commodity_wise_export_201920.csv 2019–20 CSV Principal_Commodity_wise_export_202122.csv 2021–22 CSV Principal_Commodity_wise_export_202223.csv 2022–23 CSV
📌 Columns Each file includes the following columns: COMMODITY – Name of the exported product COUNTRY – Country to which the product was exported UNIT – Unit of measurement (e.g., KGS, NOS, LITRES) QUANTITY – Total exported quantity VALUE (US$ Million) – Export value in USD millions
💡 Use Cases Time-series analysis of export performance Identifying high-value export commodities Understanding trade relationships with countries Policy and strategy development for boosting exports Comparative analysis across years and regions
📊 Sample Questions You Can Explore What are the top 10 exported commodities from India over the last 5 years? How has India's export value to the USA evolved since 2017? Are there any emerging markets for Indian goods? What commodities saw a decline in exports after COVID-19?
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India New Capital Raised: Value: Airlines data was reported at 0.000 INR mn in Oct 2018. This stayed constant from the previous number of 0.000 INR mn for Sep 2018. India New Capital Raised: Value: Airlines data is updated monthly, averaging 0.000 INR mn from Apr 2016 (Median) to Oct 2018, with 31 observations. The data reached an all-time high of 41,131.300 INR mn in Mar 2018 and a record low of 0.000 INR mn in Oct 2018. India New Capital Raised: Value: Airlines data remains active status in CEIC and is reported by Securities and Exchange Board of India. The data is categorized under Global Database’s India – Table IN.ZA036: New Capital Raised: by Industry.
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The India Full Service Restaurant (FSR) market is experiencing robust growth, driven by rising disposable incomes, changing lifestyles, and a burgeoning young population with a preference for dining out. The market's segmentation reveals a diverse landscape, with Asian, European, and North American cuisines holding significant shares. Chained outlets are increasingly dominating the market, leveraging brand recognition and economies of scale to expand their presence across various locations like leisure centers, hotels, and standalone establishments. The growth is further fueled by increasing tourism and a preference for convenient, high-quality dining experiences. While challenges exist, including rising input costs and competition from quick-service restaurants (QSRs), the overall market outlook remains positive. Strategic partnerships, menu innovation, and focus on customer experience are key strategies adopted by leading players like Barbeque Nation Hospitality Ltd., Haldiram Foods International Pvt Ltd., and ITC Limited to maintain a competitive edge. The expansion of the middle class and the increasing adoption of online food ordering and delivery services are also expected to significantly contribute to market growth in the coming years. Growth is expected to be particularly strong in urban areas with a high concentration of young professionals and tourists. The forecast period (2025-2033) projects continued expansion of the India FSR market. While precise CAGR figures are unavailable, assuming a moderate growth trajectory consistent with emerging market dynamics, a conservative estimate of a 7-8% annual growth rate would be reasonable. This is based on the current trends of increased urbanization, rising tourism, and the continuous evolution of consumer preferences towards diverse culinary options and experiences. This growth will be largely driven by the expansion of existing restaurant chains into new locations and the emergence of new players catering to niche market segments. Key areas for future growth include enhancing the digital experience and optimizing supply chain efficiencies. Recent developments include: August 2023: ITC invested nearly USD 72.415 million in opening its 12th luxury hotel chain in Gujarat.January 2023: Indian Hotels Company (IHCL) announced the signing of its first hotel in Indore, Madhya Pradesh, under the Vivanta brand. The Greenfield project is slated to open in 2026.December 2022: Ohri's Group identified four brands: Qaffeine-The Coffee Shop, Sahib's Barbeque, Cake Nation, and Ming's Court, to expand its operations in India. By 2026, the company plans to expand, with its first phase beginning operations in Bengaluru, Pune, Mumbai, and Goa. In the next two years, Ohri's will be visible across major towns in the country.. Notable trends are: Residents looking for international cuisines and increased dine-out culture fueling the sales.
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The Asia Pacific Venture Capital Market is poised for robust expansion, with a projected market size of approximately $650 million in 2025 and a Compound Annual Growth Rate (CAGR) exceeding 5.00% through 2033. This significant growth is fueled by a dynamic ecosystem of innovation and a burgeoning appetite for investment across key sectors. Fintech continues to be a dominant force, driven by increasing digital adoption and the demand for agile financial solutions. The logistics and supply chain sector is also experiencing a surge in venture capital interest, propelled by e-commerce growth and the need for efficient, technology-driven operations. Furthermore, the healthcare sector is attracting substantial investment as advancements in medical technology and a growing focus on public health initiatives create fertile ground for startups. The IT and education technology (EdTech) sectors are also demonstrating strong performance, benefiting from digital transformation trends and the evolving landscape of learning and work. The market's dynamism is further underscored by a diverse range of investment stages, from early-stage startups with high growth potential to expansion-stage companies and mature, late-stage ventures seeking further capital for scaling. Prominent venture capital firms like East Ventures, 500 Durian, SG INNOVATE, Sequoia Capital, and Insignia Ventures Partners are actively deploying capital, signaling confidence in the region's innovation pipeline. Geographically, the Asia Pacific region, particularly countries like China, India, South Korea, and Southeast Asian nations such as Indonesia, Singapore, and Vietnam, represent key investment hubs. These regions benefit from large consumer bases, supportive government initiatives for startups, and a rapidly developing technological infrastructure. While the market exhibits strong growth drivers, potential restraints such as regulatory uncertainties and intense competition for promising deals will require strategic navigation by investors. Here is a unique report description for the Asia Pacific Venture Capital Market, incorporating your specifications: Notable trends are: Asia’s booming Internet & Fintech economy.
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The global market size for Low Relaxation PC Strand was estimated at USD 1.96 billion in 2023, and it is projected to reach USD 2.89 billion by 2032, growing at a compound annual growth rate (CAGR) of 4.4% during the forecast period. The growth of this market is driven by increased infrastructure development across the globe, particularly in developing economies that are ramping up their construction activities.
One of the primary growth factors for the Low Relaxation PC Strand market is the increasing construction of bridges and buildings worldwide. As urbanization continues to accelerate, especially in emerging markets like China, India, and Brazil, the demand for sturdy construction materials has surged. Low Relaxation PC Strands are preferred for their enhanced tensile strength and durability, making them indispensable in modern construction engineering. Additionally, government initiatives focusing on infrastructure development further augment the market's growth prospects.
Another significant growth driver is the rising investment in the energy sector, notably for renewable energy projects such as wind farms and solar power plants. These projects often require robust structural components that can withstand high stress levels over extended periods. Low Relaxation PC Strands offer the needed resilience and flexibility, making them ideal for such applications. Furthermore, the ongoing shift towards sustainable and renewable energy sources has provided an impetus for the market, incentivizing manufacturers to innovate and enhance product offerings.
The rail industry also contributes substantially to the market's growth. With increasing investments in rail infrastructure, both for freight and passenger transport, the demand for Low Relaxation PC Strands has seen an uptick. High-speed rail networks, which are becoming more prevalent in Asia and Europe, require components that can endure high stress and maintain performance over long operational lifetimes. This need for durable and reliable materials continues to drive market expansion.
Prestressed Concrete Steel Strand plays a crucial role in modern construction, offering enhanced strength and durability essential for large-scale infrastructure projects. These strands are specifically designed to handle high stress levels, making them ideal for use in bridges, buildings, and other critical structures. The unique properties of Prestressed Concrete Steel Strand allow for greater load-bearing capacity and longer spans, which are vital in today's ambitious architectural designs. As urban areas expand and the demand for robust construction materials grows, the significance of Prestressed Concrete Steel Strand in ensuring structural integrity cannot be overstated. This material not only supports the physical demands of construction but also contributes to the longevity and safety of the built environment.
From a regional outlook, Asia Pacific holds the largest share of the Low Relaxation PC Strand market, driven by rapid industrialization and urbanization in countries like China and India. North America and Europe also present significant market opportunities, especially with their focus on upgrading existing infrastructure and investing in new projects. Latin America and the Middle East & Africa are emerging markets, showing promising growth potential due to increasing economic activities and governmental infrastructure initiatives.
The Low Relaxation PC Strand market can be segmented by type into Uncoated, Galvanized, and Epoxy Coated. Uncoated PC Strands are the most commonly used type, mainly due to their cost-effectiveness and adequate performance in many standard construction applications. These strands are widely adopted in projects where exposure to corrosive environments is minimal. However, the market for Uncoated PC Strands faces challenges such as susceptibility to environmental factors, which can limit their longevity and performance.
Galvanized PC Strands, on the other hand, offer enhanced resistance to corrosion, making them suitable for applications where the material is exposed to harsh environmental conditions. These strands are increasingly used in coastal areas and regions with high humidity levels. The galvanization process adds a protective zinc coating to the strands, significantly extending their service life and reliability. As infrastructure projects
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According to our latest research, the Global Hexylene Glycol market size was valued at $1.3 billion in 2024 and is projected to reach $2.1 billion by 2033, expanding at a CAGR of 5.6% during the forecast period of 2025–2033. The primary growth driver for the hexylene glycol market globally is the increasing demand for versatile solvents and chemical intermediates across several high-growth sectors, including paints and coatings, personal care, and pharmaceuticals. This demand is further bolstered by the compound’s unique properties, such as its high solvency, low volatility, and compatibility with a wide range of formulations, making it an essential ingredient in the manufacture of industrial, cosmetic, and pharmaceutical products.
North America currently holds the largest share of the global hexylene glycol market, accounting for nearly 35% of the total market value in 2024. The region’s dominance can be attributed to its mature industrial infrastructure, robust demand from the paints and coatings sector, and the presence of leading chemical manufacturers. Regulatory policies that emphasize environmental safety and the adoption of advanced production technologies have further solidified North America’s leadership. The United States, in particular, is a major contributor, with high consumption in both the industrial and personal care sectors. Additionally, the region’s well-established distribution channels and strong focus on research and development have enabled continuous product innovation, ensuring sustained market growth.
The Asia Pacific region is the fastest-growing market for hexylene glycol, projected to expand at a remarkable CAGR of 7.2% from 2025 to 2033. This rapid growth is driven by rising investments in the manufacturing and construction sectors, particularly in China, India, and Southeast Asian countries. The expansion of the paints and coatings industry, coupled with increasing demand in personal care and cosmetics, is propelling hexylene glycol consumption. Moreover, the shift of global manufacturing bases to Asia Pacific due to cost advantages, favorable government policies, and the availability of raw materials is further accelerating market expansion. Strategic investments from both local and multinational players are expected to enhance production capacities, ensuring the region’s continued dominance in growth rates over the forecast period.
Emerging economies in Latin America and the Middle East & Africa are experiencing a steady uptick in hexylene glycol adoption, albeit from a smaller base. These regions face unique challenges, such as limited technological infrastructure, fluctuating regulatory frameworks, and restricted access to high-purity raw materials. However, localized demand is rising due to growth in the oil and gas, textiles, and personal care sectors. Policy reforms aimed at industrial diversification and increased foreign direct investment are gradually improving market conditions. Nonetheless, supply chain inefficiencies and price volatility remain significant hurdles, potentially limiting the pace of market penetration in these emerging markets compared to their developed counterparts.
| Attributes | Details |
| Report Title | Hexylene Glycol Market Research Report 2033 |
| By Grade | Industrial Grade, Pharmaceutical Grade, Cosmetic Grade |
| By Application | Solvents, Chemical Intermediates, Antifreeze, Cleaning Agents, Cosmetics & Personal Care, Pharmaceuticals, Others |
| By End-Use Industry | Paints & Coatings, Oil & Gas, Pharmaceuticals, Personal Care & Cosmetics, Textiles, Others |
| Regions Covered | North America, Europe, Asia Pacific, Latin America and Middle East & Africa |
| Countries Covered &l |
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TwitterNew India Imaging Industries Private Limited Export Import Data. Follow the Eximpedia platform for HS code, importer-exporter records, and customs shipment details.
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India Residential Construction Market Report is Segmented by Type (Apartment & Condominiums, Villas and Landed Houses), Construction Type (New Construction, Renovation), Construction Method (Conventional On-Site, Modern Methods of Construction), Investment Source (Public, Private), and Geography (North India, South India, West India, East & North-East India, and More). The Market Forecasts are Provided in Terms of Value (USD).
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TwitterIn 2023, 43.51 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. A BRIC powerhouseTogether with Brazil, Russia, and China, India makes up the four so-called BRIC countries. They are the four fastest-growing emerging countries dubbed BRIC, an acronym, by Jim O’Neill at Goldman Sachs. Being major economies themselves already, these four countries are said to be at a similar economic developmental stage -- on the verge of becoming industrialized countries -- and maybe even dominating the global economy. Together, they are already larger than the rest of the world when it comes to GDP and simple population figures. Among these four, India is ranked second across almost all key indicators, right behind China. Services on the riseWhile most of the Indian workforce is still employed in the agricultural sector, it is the services sector that generates most of the country’s GDP. In fact, when looking at GDP distribution across economic sectors, agriculture lags behind with a mere 15 percent contribution. Some of the leading services industries are telecommunications, software, textiles, and chemicals, and production only seems to increase – currently, the GDP in India is growing, as is employment.