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    India Positive - December 8, 2017

  • India Positive - December 8, 2017

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December 08, 2017

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Indian healthcare market to hit US$ 372 bn by 2022

Healthcare market in India is expected to increase at a CAGR of 22 per cent to reach US$ 372 billion by 2022 on the back of increasing demand for affordable healthcare, according to a report by Assocham and RNCOS.

Media, entertainment industry to touch Rs8 trillion in revenue by 2022: report

The media and entertainment (M&E) sector in India is expected to reach Rs 7.5-8 trillion (US$ 116.4-124.2 billion) in revenues by 2022, according to report by BCG and Confederation of Indian Industry (CII).

India to have 1 lakh startups in 7-8 yrs, says Pai

India is expected to have 100,000 startups by 2025, which will create employment for 3.25 million people and US$ 500 billion in value, as per Mr T V Mohan Das Pai, Chairman, Manipal Global Education.

FIIs invested US$ 3 billion in equities in November, the highest since March

Foreign Institutional Investors (FIIs) have made net investments of US$ 3.05 billion in November 2017, the highest since March 2017.

India-Africa trade likely to cross $100 bn in 2 yrs: Naqvi

The bilateral trade between India and African nations is expected to surpass US$ 100 billion by 2019-20 on the back of better connectivity in Africa and improved business environment in India, according to Mr Mukhtar Abbas Naqvi, Minister of State for Parliamentary Affairs, Government of India.

Realty investment share in tier II & III cities surpass metros

Investments in retail real estate in tier II and III cities in India increased 54 per cent from 2015 to reach US$ 1.57 billion in Q3 2017, according to JLL India.

India's air traffic grows at double that of China in October, says IATA

The domestic air traffic in India increased 20.4 per cent year-on-year in October 2017, according to a report by International Air Transport Association (IATA).

100 million Soil Health Card distributed to farmers in the first phase (2015-2017): Agriculture Minister

Around 100 million Soil Health Cards (SHCs) have been distributed in the country during 2015-17 and a soil health mobile app has been launched to help Indian farmers, according to Mr Radha Mohan Singh, Minister of Agriculture and Farmers Welfare, Government of India.

Sugar output up 42% at 39 lakh tonne in Oct-Nov: ISMA

India's sugar output increased 42 per cent year-on-year to 3.95 million tonne during October-November 2017, as per Indian Sugar Mills Association (ISMA).

Centre, states to implement direct benefit transfer scheme in power sector

The Union and state governments have agreed to implement the Direct Benefit Transfer (DBT) scheme in the electricity sector for better targeting of subsidies, according to Mr Raj Kumar Singh, Minister of State for Power (Independent Charge).

Vision of the Government is '24x7 Power for All' - All the States on board to achieve Target by March 2019: Shri R. K. Singh

All the states and union territories of India are on board to fulfil the Government of India's vision of ensuring 24x7 affordable and quality power for all by March 2019, stated Mr Raj Kumar Singh, Union Minister of State (IC) for Power and New & Renewable Energy, Government of India.

Investor flow into equity mutual funds at Rs 20,308 cr in November

Equity mutual funds in India received inflows worth Rs 20,308 crore (US$ 3.2 billion) in November, taking the total inflow in 2017 to Rs 1.36 lakh crore (US$ 21.1 billion).