Industry

tourism_tpci
Indian tourism industry: A constant contributor to economy

In terms of world rankings, India was ranked 2nd in Travel & Tourism Employment by the World Travel & Tourism Council (WTTC) in 2021....

Hemp
Hemp products getting ‘high’ on market growth

From being perceived as a recreational drug, hemp is finding its purpose in to contribute in the form of daily life essentials....

Furniture_TPCI
Furniture Industry: Time for India to sharpen its edge

India is among the top five producers and the fourth largest consumer globally. However, the country is ranked 16th in exports, which were valued at US$ 2.86 billion in 2021-22. In order to establish ...

plastics
Unveiling plastics industry: current challenges and needs

Being the third largest consumer of plastics, India’s share of global plastic use is 6.4% and stats reveal a projection of 160.4 million tons use in India by 2060. ...

wearable
Wearables: Next big leap for Indian electronics sector

In FY 2022-23, India's production of electronic wearables experienced a remarkable surge in value, reaching Rs 8,000 crore. The industry is optimistic to achieve a two-fold increase in its production ...

India’s relentless pursuit of becoming a semiconductor hub

India wants to leave no stone unturned to share the stage with the top leaders in the global semiconductor industry. However, it currently lacks the kind of critical talent, resources and investments ...

manufacturing_tpci
Manufacturing sector gains momentum

India's manufacturing sector is seeing fresh momentum, with the manufacturing Purchasing Managers' Index (PMI) increasing from 56.4 in February to 57.2 in March. Firms are seeing the quickest pace of ...

medical devices_TPCI
National Medical Devices Policy: Can it blaze a trail?

The newly announced National Medical Devices Policy 2023 is expected to help the medical devices sector grow from the present US$ 11 billion to US$ 50 billion by 2030. But can this address the persis...

Smartphone
Indian smartphone industry: The journey from scale to depth

India's smartphone exports grew by over 50% to reach US$ 9.3 billion in April-Feb 2023, as compared to imports of just US$ 1.37 billion during the same period. Indeed, this achievement represents a gi...

auto export
Declining auto exports: Time for a gear shift?

India's exports of vehicles declined across segments with the exception of 2022-23. While factors like global macroeconomic environment and dollar strength are cyclical, one clear reality that India n...

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