India has become the second best in terms of growth amongst the top ten steel producing countries in the world and a net exporter of steel during 2013–14. Steel production in India recorded a growth rate of 4.8 per cent in February 2014 over February 2013.
India is the world’s second-largest telecommunications market. The mobile phone industry in India is likely to contribute US$ 400 billion to the country’s gross domestic product (GDP) and has the potential to generate about 4.1 million additional jobs by 2020.
India is the one of the world's largest producers of textiles and garments. The Indian textiles industry accounts for about 24 per cent of the world’s spindle capacity and 8 per cent of global rotor capacity.
The Indian tourism and hospitality industry has emerged as one of the key drivers of growth among the services sectors in India. In 2013, the travel and tourism industry contributed Rs 2.17 trillion (US$ 36 billion) or 2 per cent to the country's gross domestic product (GDP). This is expected to rise to Rs 4.35 trillion (US$ 72.17 billion) in 2024.
India’s young urban demography is today an attractive market for foreign investors, and with the Indian government’s willingness to invest in urban development, the segment’s future looks good. India’s urban population is projected to increase from 340 million in 2008 to 590 million in 2030.
3Nethra - Providing Vision of Hope K Chandrasekhar founder of Forus Health has created 3Nethra, a compact portable optical diagnostic machine that can be used by ophthalmologists in any place or conditions. The inspiration behind the creation of 3Nethra was to treat preventable blindness, which comprise of 80 per cent of blind population of India, which itself...
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