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Post-World War 2, most Asian economies such as China, Japan, Taiwan, Korea, etc. moved from agriculture to labour-intensive manufacturing such as textiles, processed foods, plastic, tobacco, consumer electronics, furniture, toys, etc. This helped in charting a path for wide-scale industrialization,
India is committed to manufacturing-led economic growth by expanding the sector's contribution to 25% of the total GDP. To put manufacturing at the center stage of development, GOI has deployed a host of programs and policies, including Make in India, Digital India, PLI schemes, simplified FDI polic
India has around ~ 3 million wine drinkers. In a country with ~ 1.3 billion population, it is still modest. India's wine market is still in its infancy. The silver lining is that it is on an upward growth trajectory and there will be ample opportunities for both domestic manufacturers and foreign ex
India’s processed food processing industry has plenty of potentials to take off. Large population, evolving consumer trends, and growing middle class are resulting in increased demand for processed food. Food comprises 31% of the overall retail basket in India, amounting to USD 294.5 bil
India is home to one of the largest diabetic patients in the world. In 2020, the total number of diabetic patients is around 77 million. Changed food behaviour and sedentary lifestyle in Indian metros are resulting in increased diabetic cases in the country. In the past 10 years, cases of diabetes h
The Indian seed industry is valued at ~ 2.7 billion, which makes it one of the largest seed markets in the world, after the USA (USD 12 B), China (USD 10 B), France (USD 3.75), etc. The global seed market size is around USD 60 billion and is run by a host of entities- seed breeding & R&D compa
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The Future for India’s Chai Café Industry Is Detailed in this analysis by the India Watch