Markets

Indian shipping sector is less than 1% of the global shipbuilding market Policy measures are being examined by the Ministry of Ports, Shipping and Water (MoPSW) http://shipmin.gov.in to strengthen demand creation domestically for shipping services, given that the country require...

Verma stressed the need to become a sustainable circular economy India's plastic recycling industry is rapidly growing, and is expected to reach US$6.9 billion by 2033, according to Arvind Mehta, Governing Council Chairman All India Plastics Manufacturers' Association (AIPMA) https://www.aipma.net/...

Chandran highlights ongoing efforts to innovate and deliver quality service Hexaware Chief Financial Officer Vikash Jain said the Coimbatore facility is an important step that for the IT services and solutions provider from Navi Mumbai to harness the diverse talent...

Singapore’s BFSI company appoints effective leaders with wealth of experience Singapore-headquartered Azentio Software https://www.azentio.com/ , a leading end-to-end software company specializing in the BFSI sector and five offices in India, says Aarthi Ramesh as Chief Customer Officer will ensure customer...

Gartex to host textile solutions from China, Italy, Japan, Singapore, Taiwan and the US The market for Indian textiles and apparel is projected to grow at a 10% CAGR to reach US$350 billion by 2030 with the exports expected to...

5G-IoT to catalyse the demand for wireless charging The wireless technology market in India is expected to reach Rs.5.55 trillion in FY 2028, expanding at a compound annual growth rate (CAGR) of ~21.47% during the FY 2024-FY 2028 period, according...

Healthcare firms focuse on scalability and improved economic efficiency The digital healthcare market in India is projected to achieve Rs.1.16 trillion by 2028, with a CAGR of 15.76% during 2023-2028, according to a ResearchAndMarkets.com report. In 2022, the market recorded...

Balasubramanian goes on global talent hunt for expanding 30,000+ team Hexaware Technologies https:// hexaware.com/ , a global technology solutions provider from Navi Mumbai, has announced plans to hire between 6,000 and 8,000 employees this year for expanding its 30,000+ teams...

Large investments in renewables will boost construction industry The construction industry in India is expected to grow by 11.2% to reach Rs.25,316 billion in 2024 http://pmindia.gov.in , and record a CAGR of 9.4% during 2024-2028, reaching an estimated Rs.36,221.6 billion...

250 bn real-time payment transactions expected by 2027 The momentum is expected to continue for India's B2C E-Commerce sector, with the Gross Merchandise Value (GMV) projected to exceed EUR300 billion by 2030 https://sbi.com.in/ , says a report released by ResearchAndMarkets.com...