The Indian state of Maharashtra had motor vehicle tax revenue which amounted to approximately 84 billion Indian rupees at the end of fiscal year 2020. About 83 percent of the tax revenue was generated from high speed diesel and motor spirit by the central government in 2019. Road tax across the country continued to stay above the goods and services tax.
The estimated per capita income across Sikkim was the highest among Indian states at around *** thousand Indian rupees in the financial year 2024. Meanwhile, it was the lowest in the northern state of Bihar at over ** thousand rupees. India’s youngest state, Telangana stood in the fifth place. The country's average per capita income that year was an estimated *** thousand rupees. What is per capita income? Per capita income is a measure of the average income earned per person in a given area in a certain period. It is calculated by dividing the area's total income by its total population. If absolute numbers are noted, India’s per capita income doubled from the financial year 2015 to 2023. Wealth inequality However, as per economists, the increase in the per capita income of a country does not always reflect an increase in the income of the entire population. Wealth distribution in India remains highly skewed. The average income hides the disbursal and inequality in a society. Especially in a society like India where the top one percent owned over ** percent of the total wealth in 2022.
Tax revenue on passengers and goods collected by the state governments across India amounted to around 23 billion Indian rupees in fiscal year 2020. Motor vehicles were the highest taxed manufactured products across the south Asian country. Despite the introduction of the Goods and Services Tax in 2017, road tax continued to be paid over and above it.
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According to Cognitive Market Research, the South America Non-Alcoholic Wines Market Size will be USD 7.7 Billion in 2023 and is set to achieve a market size of USD 14.35 Billion by the end of 2031 growing at a CAGR of 10.5% from 2024 to 2031
Introduction of Non-Alcoholic Wines Market
According to Cognitive Market Research, South America is projected to grow at a CAGR of XX% over the period South America's market growth is predicted to be driven by rising expenditure on non-alcoholic drinks, higher consumer awareness of health and alcohol-free goods, and a growing population.
Brazil - In 2024, the Non-Alcoholic Wines market in Brazil generated a revenue of US$XXbn. Brazil shipped 24.3K alcoholic and non-alcoholic fruit wine shipments to 2,487 purchasers, with the majority going to the United States, Peru, and Chile. India, the leading exporter, got 252,877 shipments, followed by the United States (211,701) and Mexico (151,298). The top three nations are India, the United States, and Mexico. (Source-https://www.volza.com/p/alcoholic-or-non-alcoholic-fruit-wine/export/export-from-brazil/)
Peru - In 2024, the Non-Alcoholic Wines market in Peru generated a revenue of US$XXbn. India exports 28.8K shipments of red, multi, and non-alcoholic fruit wine to Peru, ranking second in the globe. Volza's India Export figures show that the top three exporters are China (2,983,835 shipments), India (2,717,401), and Vietnam (1,268,851). India sells the majority of its red, multi, and non-alcoholic fruit wine to Peru, making it the world's second-largest exporter.
(Source-https://www.volza.com/p/red-or-multi-or-non-alcoholic-fruit-wine/export/export-from-india/cod-peru/)
Chile - In 2024, the Non-Alcoholic Wines market in Chile generated a revenue of US$XXbn. Chile imports 53.6K alcoholic and non-alcoholic fruit wines from the United States, Germany, and Argentina, with the top three destinations being the United States (343,091), the Netherlands (342,661), and India (242,804). The majority of Chile's wine is imported from 1,309 Chile Importers, who source from 451 suppliers. (Source-https://www.volza.com/p/alcoholic-or-non-alcoholic-fruit-wine/import/import-in-chile/)
Coal India Limited (CIL) produced approximately 773.6 million metric tons of coal in financial year 2024. Coal India Limited, a state-controlled mining company, was the largest coal producing company in the world. Coal India Limited: a brief profile Established in November 1975, CIL has seven fully owned coal producing subsidiaries. By financial year 2024, there were over 229,000 employees of Coal India Limited and operations were made through 81 mining areas across eight states in India. CIL has generated high revenues over the past few years. Concerns about coal With sufficient coal reserves, and well-established coal producing companies, a switch to renewable energy in India could presumably take longer than anticipated. Although the Indian government has made considerable efforts to switch to clean energy, the dependence on coal continues to persist within the country.
The tax revenue from cigarettes across India in fiscal year 2020 was approximately 356 billion Indian rupees, an increase from previous fiscal years. Most of the tax revenue from tobacco comes from the sale of legal cigarettes from the organized market. Regulating tobacco products Taxation of tobacco products varies based on products - cigarettes are more expensive than bidis. The Indian government had increased excise duty on cigarettes and other tobacco products over the years, while the sale and use of e-cigarettes was banned in September 2019. Taxation was meant to make tobacco products less affordable, unfortunately this has not influenced consumption as tobacco taxes are not regularly adjusted for inflation. State-owned companies The state-owned company, Life Insurance Corporation had a 28 percent stake in ITC. The share prices of India's largest tobacco company, ITC fell considerably following a proposed tax hike on cigarettes by the central government in fiscal year 2020. The government also received tobacco related revenue from prosecutions for smoking while driving. For instance, the Delhi traffic police had prosecuted nearly four thousand cases in 2018.
The Americas are Apple’s largest regional market, bringing in net sales of ***** billion U.S. dollars in the first quarter of the company’s 2025 fiscal year. Europe and Greater China are two other major markets for Apple. U.S.: Apple’s biggest market The high revenue generated from the Americas is largely due to Apple’s strong performance in their home market, the United States. Apple has the largest market share among smartphone vendors in the U.S. by a large margin. Although international sales have a growing share of Apple’s total revenue, the U.S. still counts for around ** percent of Apple’s net sales. The U.S. also has the highest concentration of Apple stores, which is Apple’s own chain of retail stores that showcase and sell Apple’s various products including the iPhone, iPad, Apple Watch, among others. iPhone: Apple’s most profitable product The iPhone, initially released in 2007, became Apple’s most successful product: The share of iPhone sales consistently amount to more than ** percent of Apple’s overall share of sales. The early generations of iPhone revolutionized the mobile phone industry and popularized the use of smartphones. Now in the **** generation, the new iPhone ** Pro and ** Pro Max continue to contribute to the success of Apple’s signature product, helping push for year-on-year iPhone sales growth despite the economic recession we are experiencing.
Qualcomm's revenue was a total of approximately **** billion U.S. dollars in the fiscal year of 2024. Qualcomm generated over ** billion U.S. dollars in China and Hong Kong alone. The United States surpassed South Korea, occupying the position of second region with the highest revenue, with around **** billion U.S. dollars generated.
In the financial year 2023, the total revenue generated by IT industry exports from India was estimated to be around 194 billion U.S. dollars. It was almost doubled in comparison with the 108 billion dollars in 2016. During the presented period, there was a constant increase in the export value despite the impact of the coronavirus pandemic. IT industry in India IT products and services are arguably one of the most important exports of India. In the financial year 2023, it accounted for 7.5 percent of the country’s GDP. India’s IT sector started to bloom in the ‘90s, after the government introduced a new software policy to build proper infrastructure for software development in the country. The sector has mostly been an outfacing industry, with a reputation for high-quality outsourcing services. IT software and services were the leading types of IT exports, with an export value of 126 billion dollars in 2023. Tata Consultancy Services Of all the IT services and consulting companies in India, Tata Consultancy Services has been the most successful, with a market capitalization of more than 10 trillion Indian rupees. It was founded in 1968, as part of the Tata Sons. After going public in 2004, it became the most important subsidiary of the Tata Group. It employs more than half a million people and operates in more than 50 countries. More than a third of its revenue comes from the banking, financial services, and insurance industries.
Which county has the most Facebook users? There are more than 383 million Facebook users in India alone, making it the leading country in terms of Facebook audience size. To put this into context, if India’s Facebook audience were a country, then it would be ranked third in terms of largest population worldwide. Apart from India, there are several other markets with more than 100 million Facebook users each: The United States, Indonesia, and Brazil with 196.9 million, 122.3 million, and 111.65 million Facebook users respectively. Facebook – the most used social media Meta, the company that was previously called Facebook, owns four of the most popular social media platforms worldwide, WhatsApp, Facebook Messenger, Facebook, and Instagram. As of the third quarter of 2021, there were around 3.5 billion cumulative monthly users of the company’s products worldwide. With around 2.9 billion monthly active users, Facebook is the most popular social media worldwide. With an audience of this scale, it is no surprise that the vast majority of Facebook’s revenue is generated through advertising. Facebook usage by device As of July 2021, it was found that 98.5 percent of active users accessed their Facebook account from mobile devices. In fact, almost 81.8 percent of Facebook audiences worldwide access the platform only via mobile phone. Facebook is not only available through mobile browser as the company has published several mobile apps for users to access their products and services. As of the third quarter 2021, the four core Meta products were leading the ranking of most downloaded mobile apps worldwide, with WhatsApp amassing approximately six billion downloads.
In 2024, 49 percent of Alphabet's revenue was generated in the United States and 29 percent in Europe, the Middle East, and Africa. Among all the presented regions, the least share of revenue company's revenue came from Latin America. Alphabet Inc. is an American multinational conglomerate created in 2015 as the parent company of Google and several other companies previously owned by or tied to Google.
As of 2024, Mumbai had a gross domestic product of *** billion U.S. dollars, the highest among other major cities in India. It was followed by Delhi with a GDP of around *** billion U.S. dollars. India’s megacities also boast the highest GDP among other cities in the country. What drives the GDP of India’s megacities? Mumbai is the financial capital of the country, and its GDP growth is primarily fueled by the financial services sector, port-based trade, and the Hindi film industry or Bollywood. Delhi in addition to being the political hub hosts a significant services sector. The satellite cities of Noida and Gurugram amplify the city's economic status. The southern cities of Bengaluru and Chennai have emerged as IT and manufacturing hubs respectively. Hyderabad is a significant player in the pharma and IT industries. Lastly, the western city of Ahmedabad, in addition to its strategic location and ports, is powered by the textile, chemicals, and machinery sectors. Does GDP equal to quality of life? Cities propelling economic growth and generating a major share of GDP is a global phenomenon, as in the case of Tokyo, Shanghai, New York, and others. However, the GDP, which measures the market value of all final goods and services produced in a region, does not always translate to a rise in quality of life. Five of India’s megacities featured in the Global Livability Index, with low ranks among global peers. The Index was based on indicators such as healthcare, political stability, environment and culture, infrastructure, and others.
In 2024, Amazon's total consolidated net sales revenue amounted to *** billion U.S. dollars, *** billion U.S. dollars of which were generated through international revenue channels. North America was the biggest operations segment, accumulating nearly *** billion U.S. dollars in net sales during the year. Sales activities Amazon appeals because it sells a wide range of products. Its departments include beauty, clothing, electronics, games and even wine, along with digital products and subscription services. In 2022, Amazon's largest revenue segment was online retail product sales with roughly *** billion U.S. dollars in global net sales. Retail third-party seller services ranked second with nearly *** billion U.S. dollars in sales. A weak spot Faster and more efficient delivery services come with a price. Data from the company's financial reports showed that Amazon's worldwide shipping costs amounted to a staggering **** billion U.S. dollars, up from **** billion U.S. dollars in 2021. Amazon's annual fulfillment expenses have also risen steadily, from **** billion U.S. dollars in 2021 to over ** billion U.S. dollars in 2022.
With 438 billion U.S. dollars in net sales, the United States were Amazon’s biggest market in 2024. Germany was ranked second with 41 billion U.S. dollars, ahead of the UK with 37.9 billion U.S. dollars. Biggest internet company Founded in 1994, Amazon has grown into one of the biggest e-commerce marketplaces and cloud computing platforms worldwide. In 2020, Amazon was ranked first in terms of company revenue among global publicly traded internet companies. With an annual revenue of approximately 386 billion U.S. dollars, the e-retailer ranked far ahead of closest competitors Google (181.7 billion U.S. dollars) and Alibaba (109.5 billion U.S. dollars). Amazon shopping Amazon is the leading e-retailer in the United States. In September 2021, 65 percent of Amazon customers in the United States held a membership with the company’s subscription service Amazon Prime, benefitting from free 2-day shipping, music and video streaming and exclusive offers and deals. Amazon Prime members are very engaged shoppers: a June 2021 survey found that over four in ten of them were likely to shop not just during Prime days, but also during other retail events, with 56 percent of them showing interest for Cyber Monday.
In the year ended May 31, 2024, Nike's North American revenue amounted to about 21.4 billion U.S. dollars. In the EMEA region (Europe, Middle East, and Africa), the company generated some 13.6 billion U.S. dollars' worth of sales that year. Nike Nike, Inc. is a sportswear and equipment supplier based in the United States that was founded in January 1964. The company's headquarters are located near Beaverton, Oregon. Nike is the world's leading supplier of athletic shoes and apparel and is also a major manufacturer of sports equipment. Sports sponsorships Given Nike's success, size, and popularity, it comes to no surprise that the company is actively involved in the world of sports sponsorships. In fact, Nike has become one of the most reputable athletic sponsors in the world over the years. Nike looks for and uses sponsorship agreements with celebrity athletes, professional sports teams, and college athletic programs for the promotion of their products, technology, and design.
As of April 2025, most Grindr app earnings came from the United States, with around 435.47 million U.S. dollars. Of the ten leading countries, the United Kingdom ranked second, with approximately 41.3 million U.S. dollars generated in revenue. As of Mary 2023, the app was most popular in the United States and India, with over 16 million and 11 million downloads in each respective country.
From 2004 to 2024, the net revenue of Amazon e-commerce and service sales has increased tremendously. In the fiscal year ending December 31, the multinational e-commerce company's net revenue was almost *** billion U.S. dollars, up from *** billion U.S. dollars in 2023.Amazon.com, a U.S. e-commerce company originally founded in 1994, is the world’s largest online retailer of books, clothing, electronics, music, and many more goods. As of 2024, the company generates the majority of it's net revenues through online retail product sales, followed by third-party retail seller services, cloud computing services, and retail subscription services including Amazon Prime. From seller to digital environment Through Amazon, consumers are able to purchase goods at a rather discounted price from both small and large companies as well as from other users. Both new and used goods are sold on the website. Due to the wide variety of goods available at prices which often undercut local brick-and-mortar retail offerings, Amazon has dominated the retailer market. As of 2024, Amazon’s brand worth amounts to over *** billion U.S. dollars, topping the likes of companies such as Walmart, Ikea, as well as digital competitors Alibaba and eBay. One of Amazon's first forays into the world of hardware was its e-reader Kindle, one of the most popular e-book readers worldwide. More recently, Amazon has also released several series of own-branded products and a voice-controlled virtual assistant, Alexa. Headquartered in North America Due to its location, Amazon offers more services in North America than worldwide. As a result, the majority of the company’s net revenue in 2023 was actually earned in the United States, Canada, and Mexico. In 2023, approximately *** billion U.S. dollars was earned in North America compared to only roughly *** billion U.S. dollars internationally.
Gucci is one of the most iconic and well-known luxury personal goods brands in the world. The company operates all over the world. As of 2024, 33 percent of the Gucci’s revenues were generated in the Asia-Pacific market. How did Gucci’s product line develop? Gucci was founded in Florence, Italy in 1921. The company started out as a leather goods manufacturer, dealing primarily in the sale of leather bags to people travelling on horseback. As methods of transport changed, so too did Gucci’s product offering. The company started making luxury luggage and later added ties, shoes, and handbags to its product line. Gucci products turned into status symbols as many famous people started wearing them. Nowadays, Gucci offers a range of different luxury fashion products, with half of the brand’s worldwide revenue coming from the sale of leather goods. Shoes, ready-to-wear apparel, watches, and jewelry are the other main product categories of Gucci, however they also sell other products such as perfume and home décor. Gucci: an iconic fashion label Gucci is one of the most valuable luxury good brands in the world. The company has changed ownership on a few occasions and is now part of the Kering Group. Gucci is the most well-known luxury fashion brand in the United States.
This statistic describes the global pharmaceutical sales in from 2020 to 2024, sorted by regional submarkets. For 2024, total pharmaceutical sales in the United States was estimated to reach around *** billion U.S. dollars. World pharmaceutical sales by regionThe pharmaceutical industry is best known for manufacturing pharmaceutical drugs which aim to diagnose, cure, treat, or prevent diseases. The pharmaceutical sector represents a huge industry, with the global market being worth around *** trillion U.S. dollars. Among the best known top global pharmaceutical companies are Pfizer, Merck and Johnson & Johnson from the U.S., Novartis and Roche from Switzerland, Sanofi from France, etc. Accordingly, North America and Europe are still among the largest global submarkets for pharmaceuticals. In 2024, the United States was still the largest single pharmaceutical market, generating more than *** billion U.S. dollars of revenue. Europe was responsible for generating around *** billion U.S. dollars. These two markets, together with Japan, Canada and Australia, form the so-called established (or developed) markets. The rest of the global pharmaceutical revenue is mainly from emerging markets, which include countries like China, Russia, Brazil and India. In fact, these emerging markets show the fastest increase in pharmaceutical sales. Latin America is the world region with the highest predicted compound annual growth rate until 2028.
The global pharmaceutical market has experienced significant growth in recent years. For 2024, the total global pharmaceutical market was estimated at around *** trillion U.S. dollars. This is an increase of roughly *** billion dollars compared to 2023. Global pharmaceutical markets Globally, the United States is by far the leading market for pharmaceuticals, followed by other developed countries and emerging markets. Emerging markets can include middle and low-income countries such as Brazil, India, Russia, Colombia and Egypt, to name a few. Despite increasing revenues globally, the Latin American region accounts for the lowest share of the global pharmaceutical market’s revenues. Top pharmaceuticals globally The top pharmaceutical products sold globally include Humira, Eliquis and Revlimid. Oncology is the op therapeutic area for drug sales globally, and it is expected to show the largest growth over the next years. It is followed by drug spending for autoimmune diseases and diabetes. During the height of the COVID-19 pandemic, Comirnaty was the world's top revenue generating pharmaceutical product.
The Indian state of Maharashtra had motor vehicle tax revenue which amounted to approximately 84 billion Indian rupees at the end of fiscal year 2020. About 83 percent of the tax revenue was generated from high speed diesel and motor spirit by the central government in 2019. Road tax across the country continued to stay above the goods and services tax.