The cement demand is expected to remain strong in coming years with a growth of 7-8 per cent CAGR (compound annual growth rate) over FY25E-27E according to a report by JM Financial.
Nishant Gupta, Managing Director and Partner at BCG India, highlighted India's growing appeal as a global manufacturing hub, stating, "India is poised to redefine its role in global trade, with a projected annual growth rate of 6.4 per cent in both GDP and trade over the next decade."
The Index of Industrial Production (IIP) growth rate for the month of November 2024 is 5.2 per cent, which was 3.5 per cent the month prior, quick estimates released by the Ministry of Statistics and Programme Implementation showed Friday.
With the rapid evolution of automation and robotics, industries are witnessing a paradigm shift in their operational frameworks.
The global robotics market, valued at USD 46 billion in 2023, is poised to grow at a compound annual growth rate (CAGR) of 15.1 per cent, reaching USD 169.8 billi
The volume of two-wheelers (2Ws) and tractors will grow at a compounded annual growth rate (CAGR) of 13 to 15 per cent, outpacing passenger vehicles (PVs) and trucks between financial year (FY) 2025-27, stated a report by Jefferies an investment banks and financial services company.
Despite the recent challenges and lower-than-expected growth of 5.4 per cent in Q2FY25, the subsequent four quarters growth is expected to remain on an average of over 7 per cent, says the annual outlook of India by Franklin Templeton.
As per the report cited by ARY News, the growth rate of Pakistan's GDP is insufficient to meet the requirements of health and education sectors in the country. Currently, the unemployment rate in Pakistan is higher than in India and Bangladesh.
Demand for cement, which had recorded a robust compound annual growth rate (CAGR) of 11 per cent between FY2022 and FY2024, is projected to slow to 4.5-5.5 per cent this fiscal.
India is ending 2024 with its oil demand growth rate surpassing neighbouring China's, a trend expected to spill over to the next year, according to S&P Global Commodity Insights. India has become one of the fastest-growing fuel consumption centres.
Former Prime Minister Dr Manmohan Singh, who passed away on Thursday, was an acclaimed thinker, economist and scholar who ushered in a comprehensive policy of economic reforms and steered the country for 10 years as the head of Congress-led UPA government during which India witnessed a hi
The increase in HNI wealth has outpaced the growth in their numbers, indicating a rise in wealth per individual. Asia and the Middle East have emerged as leaders in HNI wealth growth, with a long-term growth rate of 8 per cent. This is higher than the rates in North America and Europe, which
Notably, the growth in exports to the USA was higher than aggregate exports until FY00. However, the global financial crisis in 2008 slowed down growth until FY10.