India is, no doubt, reeling from the impact of the Covid-19 pandemic, as is the rest of the world. Beyond the growth slowdown in 2020, India’s long-term macroeconomic prospects still remain bright.This research examines India’s long-term macroeconomic outlook and sheds light on growth opportunities that Indian and global businesses could tap into.While 2020 GDP growth is expected to slip to about 1%, India will nonetheless climb the economic ladder thereafter to become the 4th largest economy globally by 2030 in terms of GDP size. Accelerated structural reforms can also make India the fourth-largest economy. With metros near saturation, Tier II and Tier III Indian cities will play a pivotal role in shaping India’s growth and development in the next decade. More economic and business opportunities are expected to emerge from these cities over the next few years. In addition, businesses can also look forward to a booming Indian middle class which will strengthen the economy. The luxury market stands to benefit from the high growth of millionaires in India. Tier II and Tier III cities will see a rise in the demand for wealth-management services. Companies operating in India can tap into opportunities tied to India’s population structure. The size and market share of the Indian working-age population are expected to grow, in contrast to a decline in China. Systematic training and education of India’s growing workforce would directly serve the growth of Indian businesses and industries. While the size of India’s elderly population is expected to grow by nearly 1.5 times between 2015 and 2030, there are major gaps in senior living real estate and geriatric care that companies could explore. A large portion of the financial transactions in the Indian economy is expected to be digital in the next five years, enabling India to transition from its status as a cash-based economy to being a digital economy. As India leads social media usage, the rapid uptick in usage and relatively low social media penetration rates offer several business opportunities to social media companies.
Our reports have been used by over 10K customers, including:
National Basketball Association (NBA) 2021 Finals - Post Event Analysis
The NBA Finals are the cumulative round of games in the North American sports league which determines the best team each season.The report draws comparisons to how the 2021 Finals differed from that of 2020, and how...
50 pages •
By Euromonitor International
• Jul 2021
While many companies often identify market segments using demographics alone, few would agree that consumers are neatly defined by age, gender or income. To overcome this, Survey team has looked beyond standard demographics to create distinct, personality-driven Consumer Types at global and country levels.
Strategy Briefings offer...
Personal Inter-Connections Trend (Interaction with Other Shoppers) - Consumer Behavior Case Study
Since the start of the pandemic, consumers have been spending more time online due to strict lockdown conditions.Simultaneously, consumers show concern for product origin and authenticity.
Formula One (F1) 2021 - Property Profile, Sponsorship and Media Landscape
Detailed insight into this years Formula One season which looks closer at the commercial landscape of the event, Grand Prix’s, team’s and its drivers.
A clear breakdown of the sponsorship landscape of the...
Antitrust in Tech, Media, and Telecom (TMT) Industry - Thematic Research Summary Regulators will come after Big Tech companies in 10 main regulatory arenas: data privacy, data security, antitrust, tax avoidance, misinformation, online harm, obstruction of justice, copyright, net neutrality, and fintech...
Strong arch: As the unemployment rate declines, the industry’s customer base will grow Abstract Eyebrow Services in the USOperators in this industry are primarily engaged in threading, waxing or otherwise servicing eyebrows. Hair and nail salons are not included in this industry. This report covers...
47 pages •
By Netscribes (India) Pvt. Ltd.
• Mar 2021
Payment security is a safety program that uses multiple layers of analytics, technology, and security approaches to protect digital payment and reduce fraudulent transactions. These security solutions are provided through Point-of-sale (PoS), mobile-based, and web-based platforms. Payment security solutions offered in India include encryption,...
Misinformation - A Thematic Research analysing Regulatory Challenges faced by Online Platforms with regards to Misinformation spread
Misinformation is not a new phenomenon, but the technology behind it is certainly unprecedented.Big data and artificial intelligence (AI) provide the foundation...
Emerging digital technologies continue to permeate every aspect of businesses and society at large.COVID-19 will have a far-reaching effect on business communities globally.
However, this crisis is seen as an inflection point in the drive toward digitization and adoption of emerging technologies across businesses globally. The connected,...
"Operators should take advantage of the high levels of consumer trust that they have compared to tech players." This report focuses on aspects of Connected Consumer Survey that relate to the behaviour, preferences and plans of online consumers in Taiwan regarding OTT communication, social media and digital economy...
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.