Food processing industry, one of the promising industries in India, ranks 5th in terms of production, consumption and exports. The industry accounted for 1.5% of the total GVA and 9.1% of GVA of manufacturing and around 8.6% of the GVA of agriculture sector in 2015-16.
Market for packaging machinery in India has expanded spurred by the rapid growth in consumer markets. Processed food, personal care and pharma are the large end use applications for packaging
The market for agricultural equipment was estimated at INR 320 billion in 2015-16 witnessing a growth of 5% per annum. The level of mechanization is highest in harvesting & threshing activities at 60%-70% followed by around 40 % in soil working and seed bed preparation activities
The market for construction chemicals was valued at around INR 50 billion in 2016-17, witnessing a CAGR of 15% p.a. Construction chemicals industry in India is fragmented with the presence large Indian companies and multinational players as well as of several small single product local companies. Top 5 players account for around 50-60% of the […]
The overall cold chain sector in India was valued at around INR 425 billion growing at 15-20% per annum. Cold chain industry in India is fragmented with the presence of over 3,500 players; organised sector contributes around 10%.
India is the 3rd largest global producer of crude steel; steel industry contributes to over 2% to the GDP of the nation. Production of finished steel crossed 100 million tonnes in FY 16 , growing at a CAGR of 5.5% since FY12.
Wiring harness is essentially the nervous system in electrical/ electronic circuits and finds varied applications ranging across automotive, consumer durables and other electronic devices. The domestic wiring harness industry has expanded over the recent years backed by the growth of India as a global automotive manufacturing hub. Wiring harness manufacturers work closely with the OEMs […]
The market for rigid plastic packaging in India has grown well in the recent years and stood at about INR 184 billion equating to a volume of 1.6 million tonnes in 2015-16. The market is expected to grow at an annual growth of around 13.5% during the next five years. Northern region is by far […]
Flexible packaging is a versatile packaging substrate that offers cost effective solutions to protect and extend shelf life of a wide range of food, non-food and beverage products. Flexible packaging comprises single/ composite layer of plastic film, paper and aluminium foil that maximises the protective properties.Flexible packaging, with its low cost & durability proposition, has […]
India occupies fifth position in the global lubricants market after US, China, Russia and Japan. Indian lubricants market which was a monopoly of public sector oil marketing companies, has witnessed the entry of multinational and domestic private players post liberalization. Over the recent years, consumer awareness about usage of lubricants has improved leading to an […]
