US$ 3.8 Trillion
(2024)
US$ 4.2 Trillion
(2025)
6.7%
(2025–2026)
India ranks 3rd globally in drug production by volume, exporting to over 200 countries. Exports rose from $2.1B to $2.3B in July 2024, with key markets - US, Belgium, South Africa, UK, and Brazil. The biotech sector is projected to hit $300B by 2030, boosted by the $2B PLI scheme under ‘Make in India’.
India is the 3rd-largest auto market globally, aiming for 30% EV adoption by 2030. EV sales rose 20.9% to 1.4M in 2024. A $500M policy supports this push, with targets of 80M EVs and 12,000+ public charging stations nationwide.
India is emerging as a hub for semiconductor assembly and testing, with proposals worth $21B under review. Major plants worth $15.1B are underway in Gujarat and Assam. India has signed partnerships with Japan and the EU to strengthen semiconductor collaboration.
India's renewable capacity exceeded 200 GW in 2024, with a 2030 target of 500 GW. Solar leads with 92.1 GW, followed by wind (47.7 GW) and hydro (51.9 GW). Rajasthan tops solar installations with 30 GW. The sector also generates extensive employment across segments.
Agriculture employs 55% of India’s population. The country leads globally in milk, pulses, spices, and area under key crops. Foodgrain production hit 330.5 MMT in FY23, and agri exports reached $4.34B (Apr–May 2024). Key schemes like PLI and e-NAM support sector growth.
Our market research reports and consulting services meet the highest standards supported by precise and systematic research methodology. We have been providing clients with solutions to expand their businesses in the domestic and international marketplace. We provide standard data to help you understand the analytical market variables, competitive landscape, market dynamics, and current sectoral scenario. We ensure that industry trends and actionable insight are made available at priority and ready to present to C-suite entities.
Our market research reports and consulting services meet the highest standards supported by precise and systematic research methodology. We have been providing clients with solutions to expand their businesses in the domestic and international marketplace. We provide standard data to help you understand the analytical market variables, competitive landscape, market dynamics, and current sectoral scenario. We ensure that industry trends and actionable insight are made available at priority and ready to present to C-suite entities.
Maharashtra known as the ‘Gateway of India’ is the second-most populous and third-largest state in the country. It occupies 9.4% of the total land area. The regional dominance is attributed to the established connection to the major markets, owing to the extensive network of three international airports, a road network covering over 303,000 km, and a rail network covering 6,165 km. The state is among the major freight destinations, covering 720 kilometers of coastline and 55 ports. The state reported $12,106 million of FDI inflow in 2023-24 (April- December) - the highest in the nation. The cumulative equity inflow (October 2019-December 2023) was $66,077 million. The state homes major corporate and financial institutions, including two stock exchanges (the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE)). The Bombay High Refinery is the biggest producer of crude oil (offshore) in India. The two major ports accounted for significant trade, with Jawaharlal Nehru Port handling 83.9 million MT of cargo, and Mumbai Port handling 63.6 million MT of products, in 2022-23. According to the economic report, 2022-2023, the state approved investment proposals of $42 billion, over the past three years- the highest in the country. The total exports for the state were valued at $67.2 billion, in FY2024. The state presents a total of 2293 opportunities, worth $ 293.0 billion. It marks 365 promoters. The highest opportunities are offered by the roads & highways sector, with Road Wing, and NHAI, among others, being the top promoters. Tourism is a major sector in Maharashtra, followed by textile and garments.
Karnataka ranks second in FDI inflow, reporting $3,656 million in 2023-24 (April-December). The cumulative equity inflow was $48,116 million, for October 2019-December 2023. The state contributes 5.2% of India’s total exports. It is recognized as the R&D hub of the country and home to 3500 businesses, 400 of which are Fortune 500 companies. About 65% of the country’s aerospace exports are owned by Karnataka. The state currently focuses on Greenfield ports and airstrips, presenting significant investment opportunities. The state has 906 opportunities, worth $140.5 billion. Most opportunities are presented in the roads & highways sectors, followed by water resources, and real estate, among others. The state has 179 promoters, with Road Wing, Ministry of Road Transport & Highways, Government of India, and Ministry of Housing & Urban Affairs, among others, on the top. At the World Economic Forum 2024, Karnataka signed an MOU amounting to $2.6 billion with four companies, including Microsoft and Web Werks, global industry heavyweights, leading to infrastructure construction, economic expansion, and technological innovation in the state. Furthermore, significant policy initiatives such as the IKF Board (Board of Invest Karnataka Forum), strategic investment committee, and nine vision groups targeting specific industries, in Karnataka, position the state as the prime destination for investors. The government is planning to expand the industrial sector’s contribution to the Gross State Value Added (GSVA) by 15%-16% in five years. The state has received annual investments of $9.5 billion for the same. The key contributing sectors include aerospace and defense, and automobile and auto components, among others.