Markets

GIC-ESR JV to acquire Indian logistics assets for Rs.45bn The logistics market is expected to expand at a CAGR of ~14.14% during the 2022 - 2027 period, says a ResearchAndMarkets report on 25 Jan 2023. It was valued at Rs14.08...

ASEAN-India must continue to work together for regional prosperity, says Gan Singapore will lend strong support to India’s G20 priorities amidst uncertain global landscape, against the backdrop of a multilateral system that is under strain, the City State’s Trade and...

More and more Indians consuming ready-to-eat food products, says report The frozen food market in India is expected to reach a value of Rs.309.07 billion by 2027, expanding at a CAGR of ~16.27% during the 2022-2027 forecast period, according to...

Construction industry drives demand growth for cement Cement consumption in India is expected to reach 450.78 million tons by the end of FY 2027 compared to 355.46 million tons in FY 2022 and 296 million tons in FY 2021, says...

Goyal wants to adopt Singapore model for upgrading MSMEs India is in dialogue with some of the larger companies of UAE to leverage best out of the India-UAE CEPA, Commerce and Industry Minister Piyush Goyal has said at the Fourth...

Govt’s $20bn budget for highways drive the growth for rubber crawlers The Indian rubber crawler market is expected to grow at a CAGR of 6.37% to US$142.14 million by 2028 from US$100.51 million in 2022, according to a ResearchAndMarkets report....

Instant coffee suits for busy schedules of growing urbanites The Indian instant coffee market is projected to grow at a compound annual growth rate of 12.86% from 2022 to 2027 to attain a market size of US$905.168 million in five...

India is world’s top five equipment manufacturing destinations, says Singh   The Indian construction equipment is a sunrise sector contributing significantly towards critical time-bound infrastructure development across the country and tap 18% of the US$1.4 trillion worth of projects under...

Mediratta calls for separate Retail Ministry Though India will be hit by global inflationary trends, impact would be less as the country’s internal growth processes continues to remain strong, says Surjit Bhalla, Economist and Former IMF Executive Director for India,...

Performance speaks of steadfast client focus through merger-resilient client-solutions portfolio, says Chatterjee LTIMindtree says it ended 3 quarter as on 31 Dec 2022 with 723 active clients, revenue of US$1,046.7 million (growth of 2.4% q-o-q / 14.0% y-o-y) and net...