The Indian online retail market will grow at a much slower pace as compared to China, says a new report by Kotak Institutional Equities which estimates gross sales or the value of merchandise sold on ecommerce platforms, referred to as GMV, to reach $28 billion by 2020. India’s online retai…
Tag: CAGR
Roadshow in London to attract FDI in food processing sector
India is organizing a three-day road show in UK beginning on September 5 to attract foreign direct investment in the food processing sector. The government recently allowed 100 per cent FDI in multi-brand retail for food products produced and processed in India. Food Processing Industries Ministe…
Retail sector to top $1 trillion in 5 years: PwC
Indian retail sector, which is growing at a CAGR of 15 percent, is expected to reach USD 1 trillion over the next five years, buoyed by the growth of new stores and e-commerce, according to a report. India’s robust economic growth and rising household incomes are expected to increase consum…
Over 500 water desalination plants likely by 2017: PHD Chamber
PHD Chamber of Commerce and Industry and India Water Foundation on July 28 forecast that roughly over 500 desalination plants of sizeable capacity are likely to be commissioned in and around India’s coast line measuring 7,600 km by 2017 with public and private investments including foreign …
Tamil Nadu should arrest decline in IT investments: Assocham
The Tamil Nadu government should arrest the decline in investments in the information technology (IT) sector in the state, industry body Assocham said on July 25. “The state government needs to arrest the continuous decline in the share of IT sector in investments attracted by Tamil Nadu by…
RBI recognizes development of ports and logistical services inclusive to the growth of the economy
Mumbai, 09th June 2016: RBI in its recent monitory policy has clearly stated that increase in capacity of ports is integral to the growth of the economy. It also recognizes development of infrastructure, including ports, roads, and railways as a positive sign of economic revival in the past few y…
Uber plans major investment in India operations
Online cab aggregating platform Uber Technologies, which raised $3.5 billion on June 1st 2016 from Saudi Arabia’s Public Investment Fund, is likely to invest a substantial portion of this fund in Indian operations. This is likely to intensify the competition in the growing online taxi market in I…
Thailand agricultural machinery market expected to cross USD 600 million benchmark by 2020 | Ken Research
The 2025 projection for GDP of Thailand is estimated to be USD 585.6 billion while the GDP (PPP) of the country is expected to reach USD 1,836.1 billion The future estimates indicate the contribution of the agriculture sector to further decline in 2016 to 9.3% and by 2020; the sector is estimated…
Advanced farming market CAGR to be 13.4% in next 5 years
Bengaluru, May 24: Infoholic Research LLP, a global ICT and Electronics market research and consulting organization, has published a study titled “Worldwide Advanced Farming:Market Drivers, Opportunities, Trends and Forecasts, 2016-2022” (May 2016). Infoholic Research forecasts that a…
IndoStar Capital Finance to focus on SME lending, eyes Rs 1,200-crore loan book
With a CAGR of 49 per cent in assets growth, NBFC IndoStar Capital Finance is looking to ramp up SME lending this year and grow its loan book five-times to Rs 1,200 crore. “We plan to ramp up our SME business this year and build an AUM of Rs 1,200 crore by geographical expansion. We [&helli…