India Positive - January 19, 2018
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Finished steel exports from India increased 28.9 per cent year-on-year to reach 964,000 tonnes in December 2017, as per a report by the Joint Plant Committee (JPC), Ministry of Steel, Government of India.
The World Economic Forum (WEF) has ranked India at the 30th position on a global manufacturing index, ahead of BRICS peers - Brazil, Russia and South Africa.
India is reclaiming its place as a growth leader after overcoming a short slowdown, according to Mr David Lipton, first deputy managing director of the International Monetary Fund (IMF).
The contribution of organised retail in India is estimated to increase to 10 per cent by 2020, from 7 per cent in FY 2016-17, backed by 100 per cent foreign direct investment (FDI) being allowed in single-brand retail under the automatic route without prior approval from the government and local sourcing norms being liberalised, as per Crisil Ratings.
Private equity and debt investments in India's real estate sector grew 12 per cent year-on-year to US$ 4.18 billion across 79 transactions in 2017, according to News Corp’s VCCEdge.
With a growth in sales of 9.15 per cent in 2017, India's passenger vehicle (PV) market is growing at a rate higher than that of countries like China, the USA, Japan, Germany, the UK and France, as per data from the Society of Indian Automobile Manufactures (SIAM)
The number of Foreign tourist arrivals (FTAs) in India increased 15.2 per cent year-on-year to reach 1.176 million and the number of FTAs on e-tourist visas increased 48.3 per cent year-on-year to reach 241,000 in December 2017, as per Ministry of Tourism, Government of India.
Milk production in India grew 4.7 per cent year-on-year to 53.77 million tonnes during summer season of 2017-18.
Business optimism index for January-March 2018 has touched a three and half year high on the back of improving demand conditions and expectations of revival in consumption, as per the Dun & Bradstreet Composite Business Optimism Index
The Indian digital advertising industry is expected to grow at a compound annual growth rate (CAGR) of 32 per cent to reach Rs 18,986 crore (US$ 2.95 billion) by 2020, backed by affordable data and rising smartphone penetration, as per a report by Dentsu Aegis Network (DAN).
India will become a favourable market for fashion retailers on the back of a large young adult consumer base, increasing disposable incomes and relaxed FDI norms, according to a report by BMI Research.
The Government of India is targeting to double the number of foreign tourist arrivals (FTAs) in India to 20 million and also the foreign exchange earnings from the sector by 2020, stated Mr KJ Alphons, Union Minister of Tourism, Government of India.
Finished steel exports surge 29% in Dec; imports fall 26%
Finished steel exports from India increased 28.9 per cent year-on-year to reach 964,000 tonnes in December 2017, as per a report by the Joint Plant Committee (JPC), Ministry of Steel, Government of India.
WEF ranks India 30th on global manufacturing index; Japan tops
The World Economic Forum (WEF) has ranked India at the 30th position on a global manufacturing index, ahead of BRICS peers - Brazil, Russia and South Africa.
India reclaiming place at growth leader, says IMF
India is reclaiming its place as a growth leader after overcoming a short slowdown, according to Mr David Lipton, first deputy managing director of the International Monetary Fund (IMF).
Organised retail share in India to touch 10% by 2020: Crisil
The contribution of organised retail in India is estimated to increase to 10 per cent by 2020, from 7 per cent in FY 2016-17, backed by 100 per cent foreign direct investment (FDI) being allowed in single-brand retail under the automatic route without prior approval from the government and local sourcing norms being liberalised, as per Crisil Ratings.
Private equity, debt investments in real estate jumped 12% in 2017
Private equity and debt investments in India's real estate sector grew 12 per cent year-on-year to US$ 4.18 billion across 79 transactions in 2017, according to News Corp’s VCCEdge.
With 9% growth, India scores over top car markets in 2017
With a growth in sales of 9.15 per cent in 2017, India's passenger vehicle (PV) market is growing at a rate higher than that of countries like China, the USA, Japan, Germany, the UK and France, as per data from the Society of Indian Automobile Manufactures (SIAM)
15.2% Growth in Foreign Tourist Arrivals in December, 2017 Over December, 2016
The number of Foreign tourist arrivals (FTAs) in India increased 15.2 per cent year-on-year to reach 1.176 million and the number of FTAs on e-tourist visas increased 48.3 per cent year-on-year to reach 241,000 in December 2017, as per Ministry of Tourism, Government of India.
Total milk production increases from 51.33 Million Tonnes during 2016-17 (Summer) to 53.77 Million Tonnes during 2017-18 (Summer)
Milk production in India grew 4.7 per cent year-on-year to 53.77 million tonnes during summer season of 2017-18.
Jan-Mar biz optimism index hits 14-quarter high: D&B
Business optimism index for January-March 2018 has touched a three and half year high on the back of improving demand conditions and expectations of revival in consumption, as per the Dun & Bradstreet Composite Business Optimism Index
Digital ad industry to grow 32% to touch Rs18,986 crore by 2020: report
The Indian digital advertising industry is expected to grow at a compound annual growth rate (CAGR) of 32 per cent to reach Rs 18,986 crore (US$ 2.95 billion) by 2020, backed by affordable data and rising smartphone penetration, as per a report by Dentsu Aegis Network (DAN).
India a 'favourable market for fashion retailers: Report
India will become a favourable market for fashion retailers on the back of a large young adult consumer base, increasing disposable incomes and relaxed FDI norms, according to a report by BMI Research.
Govt eyes 20 m foreign tourists by '20, to double Fx earnings
The Government of India is targeting to double the number of foreign tourist arrivals (FTAs) in India to 20 million and also the foreign exchange earnings from the sector by 2020, stated Mr KJ Alphons, Union Minister of Tourism, Government of India.
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