New Delhi [India], September 5: Synergy Steels, India's leading stainless-steel long product producer, welcomes the recently released government data indicating a Compound Annual Growth Rate (CAGR) of 4.36% in the total finished stainless-steel consumption over the past five financial years.
This move, driven by rising domestic demand, is expected to add an additional 160-170 million tons of cement production annually. The industry's expansion will be predominantly funded through internal accruals, with minimal reliance on d
India's hospitality industry is projected to grow at a Compound annual growth rate (CAGR) of 10.5 per cent over the next three years, Axis Securities said in its latest sectoral report.
GlobalData's E-Commerce Analytics highlights that the value of India's e-commerce market is projected to rise from Rs 12.2 trillion (USD 147.3 billion) in 2024 to an impressive Rs 24.1 trillion (USD 292.3 billion) by 2028. This translates to a compound annual growth rate (CAGR) of 18.7 per c
The Indian data centre sector is experiencing unprecedented growth driven by AI-led demand. Currently, India hosts approximately 1,300 AI companies, with AI expected to significantly increase the need for high-density server racks, ranging from 5 to 50 kW.
The demand for residential properties in Bengaluru has consistently outpaced supply, resulting in an 8.3 per cent reduction in unsold inventory, which stood at 75.1 msf by the end of FY24. Residential property prices in the city have grown at a compound annual growth rate (CAGR) of approxima
The average housing prices across the top eight Indian cities witnessed a 3 per cent quarterly growth in Q2 2024, indicating a positive growth and homebuyer sentiment for the 14th consecutive quarter, a joint report by CREDAI, Colliers, and Liases Foras said.
The report underscores growth trends and key metrics across various telecom services, compiled from data provided by service providers. It reveals that India's overall tele-density rose from 84.51 per cent at the end of March 2023 to 85.69 per cent at the end of March 2024, marking an annual
KV Subramanian, Executive Director of the International Monetary Fund (IMF) and former Chief Economic Advisor of India, said on Thursday that India could become a USD 55 trillion economy by 2047 if it maintains an 8 per cent annual growth rate.
New Delhi [India], July 18: The second edition of GITEX Africa took place from 29-31 May 2024 in Marrakesh, Morocco. The event is organised by Kaoun International SARL, entity of Dubai World Trade Centre, in partnership with the Digital Development Agency (ADD) under the Moroccan Ministry of
New Delhi [India], July 18: The second edition of GITEX Africa took place from 29-31 May 2024 in Marrakesh, Morocco. The event is organised by Kaoun International SARL, entity of Dubai World Trade Centre, in partnership with the Digital Development Agency (ADD) under the Moroccan Ministry of
India's counter-drone market is projected to grow at an annual rate of 28 per cent over the next five years, highlights a report by Motilal Oswal, a financial services company.