India's e-commerce market is projected to grow from USD 145 billion in FY2025 to USD 345 billion by FY2030 at a CAGR of 19 per cent, driven by rising urbanisation, evolving consumer preferences, and increased adoption of digital payments, according to a report by Rubix.
India's domestic jewellery market is projected to grow at a strong compound annual growth rate (CAGR) of 16 per cent between FY24 and FY28, reaching a market size of USD 145 billion by FY28, according to a report by Minerva Capital Research.
India's top policy think tank body NITI Aayog has envisions the country's automotive component production growing to USD 145 billion, with exports tripling from USD 20 billion to USD 60 billion.