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Agriculture

Agriculture

The Agriculture Ministry has set the foodgrain production target at 298 million tonnes (mt) for the crop year 2020-21.
Total agricultural export from India increased to reach US$ 35.09 billion in FY20.

Auto Components

Auto Components

India's auto components industry is expected to become third largest in the world by 2025.
Over the last decade, the automotive components industry grew at a CAGR of 10.06 per cent and reached US$ 56.52 billion by FY19. Exports grew at a CAGR of 8.34 per cent during FY14-FY19 to reach US$ 15.17 billion in FY19.

Automobile Sector

Automobile Sector

Automobile export reached 4.77 million vehicles in FY20, growing at a CAGR of 6.94 per cent between FY16-FY20.
The electric vehicles (EVs) market is estimated to be a Rs 50,000 crore (US$ 7.09 billion) opportunity in India by 2025.

Aviation

Aviation

India is set to surpass the United Kingdom to become the world's third largest aviation market by 2024.
Spending by Indian travellers’ is expected to reach Rs 9.5 lakh crore (US$ 136 billion) by 2021.

Banking

Banking

During FY16-FY20, credit off-take grew at a CAGR of 13.93 per cent. As of FY20, total credit extended surged to US$ 1,936.29 billion.

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