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Top Business Sectors and Industries in India

Here is a brief overview of top business sectors and industries belonging to production, manufacturing and service sectors in India.

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Top Business Sectors and Industries in India

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  1. http://trade.indiamart.com/ Exploring Top Business Sectors and Industries in India

  2. A Brief Overview • Indian Automobile Industry • Leather & Textile Industry in India • Indian Building & Construction Industry • Indian Information Technology Industry • Indian Transportation and Logistics Industry

  3. Indian Automobile Industry • In 2009, the annual production exceeded 2.6 million automobile units in India • Maruti Udyog was the first established automobile manufacturing facility in the country that empowered the manufacturing of passenger cars in the 1980s.

  4. continued... • Among the foreign markets, the United Kingdom is the top importer of automobiles from India. • Indian automobile industry is efficiently fulfilling the needs of domestic automobile buyers. By selling over 1.5 million cars in the domestic market in 2009

  5. Indian Textile and Leather Industry • Indian textile and leather products are greatly appreciated in the domestic as well as foreign markets. • In the financial year 2009-10, the textile industry in india contributed over 14 percent towards the total industrial production in the country.

  6. continued... • The Indian textile industry global export share of 4 percent is expected to reach 7 percent by the year 2012. • The Indian textile and leather industry has also emerged as a winner in terms of offering employment opportunities. While the textile industry of the country employs 35 million people, the leather industry employs more than 2.5 million people.

  7. Building and Construction Industry • The construction industry in India contributes nearly 8 percent towards the total GDP of the country. • The growth of the Indian construction industry is also credited with the growth of many sub-sectors.

  8. continued... • Currently, the industry is growing at the cumulative annual growth rate of 20 percent. • The Indian construction industry is extending its reach beyond boundaries as it supplies construction equipments to the foreign markets in huge quantity.

  9. Information Technology Industry • It is evident from the fact that the Indian information technology industry which was only worth US$ 150 million grew to become a 50 billion US dollar industry in 2006. • The average annual growth rate of the Indian IT industry exports has always been above 50percent since the year 1991.

  10. continued... • The ten year period from 1992 to 2002 witnessed the Indian software industry growing at the rate which is double the growth rate of the US software industry. • All different segments of the Indian information technology industry, including software, hardware, IT services, ITES-BPO and others are consistently growing.

  11. Transportation and Logistics Industry • Talking about the global logistics industry, it is of the worth more than US$ 3.5 trillion, out of which the US logistics industry has the share of over 25 percent. • Indian logistics industry is concerned, it is of the worth of US$ 90 billion at present and is growing at a fast pace.

  12. continued... • According to the forecast by the experts, the Indian logistics industry is expected to grow from its present value to about US$ 385 billion by the year 2015. • The rise of three party logistics providers, use of information technology and increase in the Indian trade with the world are other factors that have great roles to play for the growth of the Indian transportation and logistics industry.

  13. http://trade.indiamart.com/ Thank You

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