Future industry in india 2030

New Delhi: India's internet economy is expected to grow six-fold to a trillion dollars by 2030 with households doubling their income in the next seven years, said a report by Google, Temasek and Bain & Company. The internet economy's share in India's GDP will increase from 4-5% to nearly 12-13% in 2030, with 350 million digital payment users and 220 million online shoppers leading the growth, the report said. The 'e-Conomy' contribution to India's technology sector is expected to rise to 62% in 2030 from 48% in 2022. The report titled 'The e-Conomy of a Billion Connected Indians' said India's internet economy is "roaring" towards a trillion from around $175 billion of consumption in 2022, due to a continued shift in consumer behaviour and evolution of the business ecosystem. This growth will be founded on consumers seeing their household incomes double by 2030 from approximately $2,500 to $5,500 by the end of this decade, it said. The report, based on surveys of consumers and investors as well as an analysis by Bain & Company, added that the appetite for digital services and products in Tier 2+ cities is matching the demand in metro and Tier-1 cities. The report projected that business-to-consumer (B2C) e-commerce will continue to maintain a leading share of digital services, growing five-six times to around $350-380 billion by 2030. India's online shoppers too are expected to double by then. "Three foundational forces - deepening consumer digital adoption, technology inve...

LinkedIn and 3rd parties use essential and non-essential cookies to provide, secure, analyze and improve our Services, and to show you relevant ads (including professional and job ads) on and off LinkedIn. Learn more in our Select Accept to consent or Reject to decline non-essential cookies for this use. You can update your choices at any time in your The world of work is evolving rapidly, and India is no exception. With technological breakthroughs, changing demographics, and changing workforce expectations, the future of work in India will look significantly different from what we see today. In this post, we will look at some of the main themes to look out for in the future of employment in India. • Gig Economy: A increasing number of freelancers, independent contractors, and temporary workers are fuelling the growth of the gig economy in India. The gig economy provides individuals with more flexibility and autonomy while simultaneously giving businesses with a cost-effective way to access specialised talents and experience. 2. Automation: The rise of automation and AI is anticipated to have a profound impact on the future of work in India. Many regular tasks, notably in manufacturing, transport, and retail, are at risk of being automated. Automation, on the other hand, is anticipated to provide new job opportunities in fields such as data analysis, software development, and robotics. 3. Upskilling and Reskilling: As automation and artificial intelligence (AI) change the ...

• India is targeting 280 gigawatts (GW) of solar power by 2030. To achieve this goal, it will have to install about 25 GW of capacity every year. • The target means that India would end up importing millions of solar modules worth billions of dollars over the years, since the domestic manufacturing of modules is not enough to fulfil the demand. • India is also not a producer or refiner of many minerals required for the manufacturing of solar modules, batteries for power storage or other renewable energy systems. Thus, experts believe, India needs to ensure a robust long-term policy addressing these gaps so that a pandemic or geopolitical disputes can’t derail its clean energy plans. India is targeting about 450 Gigawatt (GW) of installed renewable energy capacity by 2030 and, of that, a lion’s share – 280 GW (over 60 percent) – would come from solar. For the next 10 years, around The target also means India needs to manoeuvre global supply chain issues, irrespective of geopolitical realities and mining concerns, impacting the producers of major minerals required in the solar industry. The Indian solar industry relies heavily on imports of important components such as solar cells, modules and solar inverters. Every year, the industry ends up spending billions on imports. According to the Indian government’s The government has been trying to ramp up domestic manufacturing through various steps including increasing duty on imports. But, at present, India’s domestic manufactur...

Chandra announced that Invest India is going to be leveraged in order to bring in higher foreign investment into India in the film sector. “The Ministry has merged various film units under one; NFDC based in Mumbai is going to be the hub of the cinematic arm of the government. With this, we want to revamp the Film Facilitation Office. We are going to hand this over to Invest India, the main investment arm created by the government under the leadership of Prime Minister Narendra Modi, to attract industry to India,“ he said. “More than $100 billion of FDI is coming to India this year. We want to leverage Invest India to bring in foreign investment, we will reach out to foreign filmmakers to come to India," Chandra added. The government will work with states to facilitate and promote film shooting in India. “Recently at Cannes Film Festival, we announced Incentive Scheme for Audio-Visual Co-production and Incentive Scheme for Shooting of Foreign Films in India. With incentives given by states too, it becomes a viable and attractive package for filmmakers." “Over the past 5-6 years, the number of theatres has been on a decline. We need to reverse this trend. We will assign the Film Facilitation Office to work with Invest India to come up with a single-window portal for opening theatres, so that more and more theatres can come up and the public gets more avenues to watch the magic of films in theatres. We will also work with the states to create a Model Theatre Policy, so that ...

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According to the Asian Development Bank, the Indian economy is expected to grow by approximately 8% in the next 5-6 years, endorsed by increasing public investment in infrastructure and a pickup in private sector investment. Investors, motivated by the results of their investments in the past fiscal year, are prepared to devote a significant gear percentage of their savings to capital instruments in the forthcoming years. They are also motivated to invest in the growing industries in India . Numerous experts speculate that the Indian Stock Market will also have progressed and expanded to the fifth largest in the world, accounting for the highest market capitalization. The market grows with various stepping elements supporting this expansion, such as government initiatives, foreign relations, market dynamics, etc. Read further about which sector will turn in India and which sectors in India will flourish even more in the investing shortly future. List of the Top Sectors in India that are Most Likely to Provide Excellent Returns The following sectors are likely to perform exceptionally well in the next couple of years- 1. Healthcare and Insurance Sector Due to an ageing population, an increase in chronic illnesses, and a growth in disposable income, India's demand for healthcare services is on the rise. In addition, the COVID-19 epidemic has also brought attention to the need for improved healthcare services and infrastructure in India, encouraging further investment. Ayushm...

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Today, India is home to one of the youngest populations in the world and if channeled and skilled correctly, its young working class (with a median age of 31.4 in 2030) has the potential to achieve significant productivity gains, thereby bolstering economic growth. Propelled by its strong workforce and a changing policy scenario, India’s economic growth is likely to remain strong. As the Indian economy transitions and its workforce expands, it will offer vast development and investment opportunities for the real estate sector. The growth of cities is going to further influence the country’s built environment, while technology, demographics and environmental issues will become its new value drivers. Some are clearly evident while others are emerging quietly around us. The ideas, trends, and behaviors that will shape the real estate sector in 2030 are already perceptible today. Here are some growth trajectory for office, retail, residential and logistics sector: Office: In 2030, traditional workplaces will be lesser, and retention of top talent will be the topmost competitive advantage. There are various ways in which changes in work and workplaces will create opportunities to enhance long-term asset value through a better understanding and response to tenant and building user needs. In 2030, landlords will rate their building’s value not by cash flow from rent, but in cash flow from the services. Corporations will need to challenge the owners and developers of office buildi...