Markets

OTT platforms invested Rs.55.21bn in FY2021 The video OTT market in India is expected to reach Rs.581.21 billion FY2027, expanding at a CAGR of ~16.58% from FY2023 to FY’27, according to a ResearchAndMarkets report. It was valued at Rs.249.09 billion...

India has robust wind energy ecosystem and manufacturing base of 10,000 MW per year The cumulative installed wind power capacity in India is expected to reach 52.48 GW by FY2027, expanding at a CAGR of 5.84% during the FY2023-27 forecast...

Puri says India paid $120bn for petroleum imports in 2021-22 India’s fast-growing economy and demographic dividend will generate 25% of the global energy growth between 2020 and 2040, Petroleum and Natural Gas Minister Hardeep Singh Puri has said. India imports...

Expansion fueled by consistent performance and strategic acquisitions of businesses, says Reddy The TechWish Group, a US-based global corporation with presence in diversified industries, has announced its expansion plans in India by setting up a state-of-the-art facility in Hyderabad, an...

Indian e-commerce companies are heavily investing in IoT devices The e-commerce market in India is set for a compound annual growth rate (CAGR) of ~26.71% during the 2022-2027 period, reaching Rs.26,459.8 billion, according to a ResearchAndMarkets report. It was valued...

Rohatgi confident that solutions will emerge for Indian facilities management industry ISS Facility Services India, a subsidiary of the global facility management services and workplace experiences leader ISS A/S (ISS Group) of Copenhagen, is set to tap the country’s US$10...

Govt replaces ageing fleets in public transport systems, says Pradeep Olectra Greentech Limited (OLECTRA), India's leading electric mobility company, has delivered 142 electric buses in the Q3 FY 22-23 against 103 electric buses delivered in the corresponding quarter last year....

Rising consumer awareness about car maintenance, notes ResearchAndMarkets The Indian car care products market is expected to grow at a CAGR of 8.5% from 2021 to 2028, reaching US$ 132.7 million. It was worth US$74.9 million in 2022, says a...

Digital fabric capabilities enabled deeper customer engagements Tata Communications says focus on financial prudence has driven inorganic expansion of global footprint as well as Data Portfolio, reflective of investments in people and innovative solutions, in line with customer’s evolving digital...

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...