As of January 2025, the number of registered one person company in the business services sector in India was over 24 thousand. On the other hand, the number of registered OPCs in the manufacturing sector was nearly eight thousand during the measured time period.

The Indian information technology and business process management industry was estimated to have over 5.8 million employees during financial year 2025. The South Asian country is the largest offshoring destination for IT companies across the globe. The IT-BPM sector has gradually grown in recent years, accounting for more than 30 percent of the global outsourced BPM market. In financial year 2024, the IT sector's contribution to India's GDP was seven percent. Market performance In financial year 2022, the market size of the IT-BPM industry was estimated to reach around 177 billion U.S. dollars. The export market of the Indian IT-BPM industry was more than five times the size of the domestic market. The biggest importer of India’s IT-BPM services was the United States. Furthermore, the growth trend of the export market was evidently higher than the domestic market during the presented period. E-commerce revenue in the IT-BPM sector across the nation also witnessed steady growth in the last few years. The road ahead The Indian IT-BPM industry is likely to witness consistent growth in the future. Tapping into new advancements in robotics and artificial intelligence, the industry seeks to continue helping clients build successful businesses, propelled by a large export market.

Inflation Rate in India decreased to 3.61 percent in February from 4.31 percent in January of 2025. This dataset provides - India Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

India software market size reached USD 21.1 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 61.5 Billion by 2033, exhibiting a growth rate (CAGR) of 11.7% during 2025-2033. The increasing demand for cloud computing, which offers scalability, flexibility, and cost-effectiveness, thereby allowing businesses to access and deploy software applications without the need for extensive infrastructure, is driving the market.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 21.1 Billion
Market Forecast in 2033	USD 61.5 Billion
Market Growth Rate 2025-2033	11.7%

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on type, deployment mode, enterprise size, and industry vertical.

The India spreads market size reached USD 361.1 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 1,698.3 Million by 2033, exhibiting a growth rate (CAGR) of 17.83% during 2025-2033. The burgeoning FMCG industry, increasing demand of ready-to-eat (RTE) products with several flavors, and the wide availability of spread represent some of the key factors driving the market.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 361.1 Million
Market Forecast in 2033	USD 1,698.3 Million
Market Growth Rate (2025-2033)	17.83%

IMARC Group provides an analysis of the key trends in each segment of the India spreads market report, along with forecasts at the country and regional levels from 2025-2033. Our report has categorized the market based on product type, distribution channel and income group.

Reliance was the leading Indian company based on market capitalization, with over 17 trillion Indian rupees as of March 2025. Reliance Industries is a multinational conglomerate company, and it is headquartered in Mumbai. HDFC Bank had the second-highest market capitalization, followed by Tata Consultancy Services during the same period.

India washing machine market size reached USD 1.9 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 2.8 Billion by 2033, exhibiting a growth rate (CAGR) of 4.40% during 2025-2033. The rising number of laundromats and dry-cleaning services is primarily driving the market growth across the country.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 1.9 Billion
Market Forecast in 2033	USD 2.8 Billion
Market Growth Rate (2025-2033)	4.40%

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on type, capacity, distribution channel, and end use.

SDI’s "The UAV Payload Market in India to 2025: Market Brief" provides a top-level, category specific view of the forecast market value of UAV Payload expenditure in India. SDI’s "The UAV Payload Market in India to 2025: Market Brief", provides a top-level, quantitative view of forecast expenditure of UAV Payload sector in India. The information in this brief draws upon SDI’s in-depth, primary research and proprietary databases to provide you with robust, category specific data. It is an essential resource for professionals active across the industry value chain and for new players considering entry into the market. Read More

The Manufacturing Market in India Report is Segmented by Ownership (Public Sector, Private Sector, Joint Sector, and Cooperative Sector), Raw Materials Used (Agro-Based Industries and Mineral-Based Industries), and End-User Industry (Automotive, Manufacturing, Textile and Apparel, Consumer Electronics, Construction, Food and Beverages, and Other End-User Industries). The Report Offers Market Sizes and Forecasts in Value Terms (USD) for all the Above Segments.

Unemployment Rate in India decreased to 8.20 percent in January from 8.30 percent in December of 2024. This dataset provides - India Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

After two years of growth, the Indian zinc market decreased by -1% to $2.3B in 2023. Overall, the total consumption indicated notable growth from 2012 to 2023: its value increased at an average annual rate of +3.9% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by +36.5% against 2020 indices.

Snapshot img

India Bearings Market Size 2025-2029

The india bearings market size is forecast to increase by USD 853.9 million million at a CAGR of 3.2% between 2024 and 2029.

The market is experiencing significant growth driven by the increasing focus on automation across various industries, leading to a higher demand for reliable and efficient bearing solutions. Additionally, the adoption of additive manufacturing technologies in the production of bearings is gaining momentum, offering opportunities for enhanced customization and reduced lead times. However, the market is not without challenges, as fluctuations in raw material prices, particularly for steel and other metals used in bearing production, continue to impact profitability and competitiveness. Companies seeking to capitalize on these opportunities and navigate these challenges effectively should consider strategic partnerships, technology investments, and supply chain optimization to ensure long-term success in the Indian bearing market.

What will be the size of the India Bearings Market during the forecast period?

Request Free Sample

The Indian bearing market encompasses a diverse range of applications, including automobile parts, farm equipment, household appliances, defense equipment, aerospace equipment, and renewable energy sectors. With a significant focus on maintenance requirements and specialized bearing solutions, India's bearing industry caters to various industries' unique needs. Inner rings and outer rings are essential components of high-performance bearings used in automotive sectors, wind turbines, and turbine performance enhancement. Chrome steel and anti-friction bearings are commonly used in automotive applications, while magnetic bearings and smart bearings gain traction in automation focus and high-precision industries. The market's sizeable OEM sales and aftermarket demand are driven by the increasing vehicle fleet and the growing importance of bearing efficiency in various industries. Roller bearings and ball bearings are among the most widely used bearing types, catering to the diverse needs of the Indian market.

How is this market segmented?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. End-userAutomotive industryHeavy industryARS industryOthersProductAnti-friction bearingsMagnetic bearingsOthersProduct TypeBall bearingsRoller bearingsPlain bearingsOthersGeographyIndia

By End-user Insights

The automotive industry segment is estimated to witness significant growth during the forecast period.

The market is primarily driven by the automotive industry, which utilizes bearings extensively in various automotive components to minimize friction, prolong vehicle life, and boost operational efficiency. A typical passenger car incorporates over 100 bearings. The expanding automotive sector in India, fueled by rising disposable income, improving living standards, and economic growth, is a significant contributor to the market's expansion. Key automotive OEMs, including BMW AG and Ford Motor Co., are major consumers of bearings. Additionally, the bearings market caters to other sectors like agriculture, household appliances, defense, aerospace, and manufacturing, where specialized bearing solutions are essential for wind turbines, turbine performance, energy production, and machinery maintenance. Technological advancements, such as lightweight materials, electro-mechanical features, sensor units, digital monitoring, and predictive maintenance services, further boost market growth.

Get a glance at the market share of various segments Request Free Sample

The Automotive industry segment was valued at USD 1396.70 million in 2019 and showed a gradual increase during the forecast period.

Market Dynamics

Our researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

What are the key market drivers leading to the rise in adoption of India Bearings Market?

Increase in focus on automation is the key driver of the market. The Indian bearings market is experiencing growth due to the rising adoption of automation in manufacturing processes. Automation brings numerous benefits to the manufacturing process, including increased productivity, reduced lead time, efficient use of resources, consistent product quality, enhanced safety, and decreased workload for factory workers. Global end-users are integrating automation solutions to execute intricate manufacturing processes, as these solutions boost machine efficiency and predictive maintenance, ensure greater safety, and lead to increased profitability.

T

The Indian lassi market size reached INR 56.0 Billion in 2024. Lassi, also known as desi buttermilk, is obtained by the churning of curd. It is a bit sour in taste and has a rich dense texture. It is consumed mostly in the northern part of the country, especially during the summer season. It is either consumed by adding sugar and fresh fruit chunks, or by adding salt and some other spices to it. Lassi not only offers refreshment during the summertime, but also boosts the energy levels. Apart from this, it also helps in fighting other summer-related problems such as prickly heat, gastro-intestinal problems and the build-up of bacteria. These factors have highly added to the market growth. Looking forward, IMARC Group expects the Indian lassi market to reach INR 245.7 Billion by 2033, exhibiting a growth rate (CAGR) of 16.96% during 2025-2033.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	INR 56.0 Billion
Market Forecast in 2033	INR 245.7 Billion
Market Growth Rate (2025-2033)	16.96%

SDI’s "The Police Modernization Market in India to 2025: Market Brief" provides a top-level, category specific view of the forecast market value of Police Modernization expenditure in India. SDI’s "The Police Modernization Market in India to 2025: Market Brief", provides a top-level, quantitative view of forecast expenditure of Police Modernization sector in India. The information in this brief draws upon SDI’s in-depth, primary research and proprietary databases to provide you with robust, category specific data. It is an essential resource for professionals active across the industry value chain and for new players considering entry into the market. Read More

The India non-poultry meat market size reached 4.2 Million Tons in 2024. Looking forward, IMARC Group expects the market to reach 5.0 Million Tons by 2033, exhibiting a growth rate (CAGR) of 1.95% during 2025-2033.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	4.2 Million Tons
Market Forecast in 2033	5.0 Million Tons
Market Growth Rate (2025-2033)	1.95%

IMARC Group provides an analysis of the key trends in each segment of the India non-poultry meat market report, along with forecasts at the country and state levels from 2025-2033. Our report has categorized the market based on product.

SDI’s "The Military Simulation and Virtual Training Market in India to 2025: Market Brief" provides a top-level, category specific view of the forecast market value of Military Simulation and Virtual Training expenditure in India. SDI’s "The Military Simulation and Virtual Training Market in India to 2025: Market Brief", provides a top-level, quantitative view of forecast expenditure of Military Simulation and Virtual Training sector in India. The information in this brief draws upon SDI’s in-depth, primary research and proprietary databases to provide you with robust, category specific data. It is an essential resource for professionals active across the industry value chain and for new players considering entry into the market. Read More

Snapshot img

India Machine Tool Market Size 2025-2029

The India machine tool market size is forecast to increase by USD 3.08 billion, at a CAGR of 11.6% between 2024 and 2029.

The market is experiencing significant growth due to several key trends and drivers. One of the primary drivers is the increasing adoption of industrial automation and robotics in various industries, including shipbuilding, steel, and automotive. This automation wave is being fueled by advancements in computer numerical control (CNC) machine tools, computer-aided design, and artificial intelligence. Furthermore, the semiconductor industry's digital transformation is leading to increased demand for precision machine tools. Another trend influencing the market is the adoption of additive manufacturing, or 3D printing, technology. 
This technology is revolutionizing manufacturing processes in industries such as renewable energy, wind energy, and construction. Additionally, the shift towards digitalization in manufacturing is driving the demand for machine tools that can integrate with digital systems and support Industry 4.0 and smart manufacturing. Moreover, the market is witnessing fluctuations in raw material prices, particularly for abrasives and batteries, which are essential components in machine tool production. These price fluctuations can impact the profitability of machine tool manufacturers.

What will be the Size of the market During the Forecast Period?

Request Free Sample

The market encompasses the production of advanced machine tools utilized in manufacturing various manufactured goods. This market is characterized by a continuous pursuit of higher precision, customization, and efficiency. High-precision components, multi-axis arms, robotics, and computerized numerical control (CNC) systems are integral components of modern machine tools. Precision manufacturing sectors, including automotive components, aerospace, and electronics, dominate the market. Downtime is a critical concern, driving the adoption of smart manufacturing, integrated systems, and artificial intelligence to optimize production.
Emerging trends include the electrification of manufacturing processes, with electric vehicles and sustainable manufacturing gaining traction. The Internet of Things (IoT) and advanced robotics are also transforming the industry, enabling real-time monitoring and predictive maintenance. High-quality components, customization, and the integration of advanced technologies like AI and CNC are key market drivers. Precision engineering and sustainable manufacturing practices are also essential as industries strive for improved efficiency, reduced waste, and enhanced product quality.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Technology

  CNC machine tools
  Conventional machine tools


Type

  Metal cutting machines
  Metal forming machines


Action Mechanism

  Semi-automatic
  Fully automatic


Application

  Automotive
  Aerospace and defense
  Heavy Engineering
  Electronics


Geography

  India

By Technology Insights

The CNC machine tools segment is estimated to witness significant growth during the forecast period.

The market is experiencing significant growth due to the increasing demand for advanced, high-precision components in various industries, including manufacturing, automotive, aerospace, and electronics. Manufacturers are integrating computer numerical control (CNC) technology into their operations to increase productivity, reduce downtime, and enhance product quality. CNC machines, such as CNC lathes, milling machines, drilling machines, and grinding machines, are essential for producing complex parts with high accuracy and consistency. Digital technologies, including real-time monitoring, adaptive control, and MTConnect, are transforming traditional machine tools into smart manufacturing systems.

Additionally, eco-friendly coolants and automation are gaining popularity to promote sustainable manufacturing practices. Advanced manufacturing processes, such as 5-axis CNC milling, multi-axis arms, robotics, and electrification, are also driving market growth. Overall, the market is expected to continue expanding, driven by the increasing adoption of digital technologies, precision engineering, and advanced machining techniques.

Get a glance at the market report of share of various segments Request Free Sample

Market Dynamics

Our India Machine Tool Market researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

What

SDI’s "The Military Radar Market in India to 2025: Market Brief" provides a top-level, category specific view of the forecast market value of Military Radar expenditure in India. SDI’s "The Military Radar Market in India to 2025: Market Brief", provides a top-level, quantitative view of forecast expenditure of Military Radar sector in India. The information in this brief draws upon SDI’s in-depth, primary research and proprietary databases to provide you with robust, category specific data. It is an essential resource for professionals active across the industry value chain and for new players considering entry into the market. Read More

The India power tool market is set to experience significant growth between 2025 and 2035, driven by rapid industrialization, infrastructural development, and increasing automation in various sectors. The market, valued at USD 1,856.3 million in 2025, is expected to reach USD 3,852.8 million by 2035, expanding at a compound annual growth rate (CAGR) of 7.8% during the forecast period. Growing adoption of power tools in construction, automotive, and manufacturing industries, coupled with advancements in battery-powered tools, will be key growth drivers.

Metric	Value
Industry Size (2025E)	USD 1,856.3 million
Industry Value (2035F)	USD 3,852.8 million
CAGR (2025 to 2035)	7.8%

Country Wise Analysis

Country	CAGR (2025 to 2035)
Uttar Pradesh	8.2%

Country	CAGR (2025 to 2035)
Maharashtra	8.5%

Country	CAGR (2025 to 2035)
Karnataka	8.0%

Country	CAGR (2025 to 2035)
West Bengal	7.6%

Country	CAGR (2025 to 2035)
Madhya Pradesh	7.9%

Competitive Outlook

Company Name	Estimated Market Share (%)
Bosch	15-20%
Stanley Black & Decker	14-18%
Makita	12-16%
Hilti	8-12%
Techtronic Industries	7-10%
Other Companies (combined)	35-45%

According to Cognitive Market Research, the global Special Effects Services market size was USD 3.7 billion in 2022 and will grow at a CAGR of 13.20% from 2023 to 2030. What are the Key Factors Affecting the Special Effects Services Market?

Technological Advancements to Propel Market Growth

Adopting animation and VFX solutions is propelling the Special Effects Services market. The demand for realistic and immersive visual experiences surges as industries increasingly integrate these technologies. Movies, TV shows, gaming, and advertisements rely heavily on animation and VFX to captivate audiences. Technological advancements enable more intricate effects, pushing service providers to innovate. This growing reliance on animation and VFX solutions drives the expansion of the special effects market, creating opportunities for specialized visual effects companies.

In 2022, prominent visual effects company DNEG entered a fresh multiyear contract to enhance its offerings of visual effects and virtual production services for Netflix's series and feature content until 2025. Under this arrangement, DNEG will create content for Netflix and substantially amplify top-tier VFX services for the platform, encompassing domestic and international markets.

(Source:www.dneg.com/dneg-signs-multiyear-agreement-with-netflix/#:~:text=We%27re%20pleased%20to%20announce,with%20Netflix%27s%20diverse%20programming%20slate.)

The demand for animation and VFX has grown due to the rise of the media industry, especially within the multimedia ecosystem.

The Factors Limiting the Growth of the Special Effects Services Market

Absence of Technical Expertise in Restraining Market Growth

The lack of technical expertise challenges the Special Effects Services market, as advanced effects require specialized skills. Limited professionals who can execute complex visual effects hinder industry growth. Developing intricate effects demands expertise in software, CGI, and artistic interpretation. The shortage can lead to delays, compromised quality, and increased costs. Bridging this skill gap through training programs and education is crucial to meet the growing demand for high-quality visual effects in the entertainment and media sectors.

Impact of the COVID-19 Pandemic on the Special Effects Services Market:

The COVID-19 pandemic significantly disrupted the Special Effects Services Market. Production delays, safety protocols, and reduced budgets led to declining demand for large-scale projects. Remote work became vital, altering workflows. Despite challenges, demand for digital effects in streaming content surged. Virtual events also rose, increasing demand for digital effects. As the industry adapted, a hybrid approach emerged, combining in-person and remote work. The market's recovery is ongoing, driven by evolving production methods, increased digital content consumption, and the gradual return of blockbuster projects as restrictions ease. Introduction of Special Effects Services:

The Special Effects Services market is expanding due to enhanced demand in various industries such as film, television, gaming, and advertising. As technology advances, there's a growing need for visually captivating and realistic content. The integration of animation, VFX, and cutting-edge techniques enhances the quality of visual experiences, driving the market's growth globally. These developments empower businesses to offer better-tailored solutions and services, which, in turn, contribute to the growth of the Special Effects Services industry.

Moreover, as per the India Brand Equity Foundation (IBEF), the Indian gaming sector has surpassed the United States in user count, exceeding 300 million users. In 2021, mobile gaming apps constituted 86% of the total gaming app market, according to the foundation.

(Source:www.ibef.org/blogs/india-s-nascent-gaming-industry-on-the-rise)