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Showing posts with the label Sector

Retail Sector in India

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Retail Sector in India   Indian retail industry is one of the fastest growing in the world. As per Forrester Research, in 2020, India's retail sector was estimated at US$ 883 billion, with grocery retail accounting for US$ 608 billion. The market is projected to reach US$ 1.3 trillion by 2024. The retail sector includes any business or individual involved with selling products directly to consumers. The retail sector includes shops, department stores, supermarkets, market stalls, door-to-door sales people and internet retailers. Retail stores are an important part of high streets and town centers. Indian retail industry has emerged as one of the most dynamic and fast-paced industrie

Agriculture Sector in India

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Agriculture Sector in India   Indian Agri exports is likely to reach US$ 60 billion by 2022. Essential agricultural commodities export for April-September 2020 increased by 43% as compared to same period last year to Rs. 53,626 crore. Agriculture is the primary source of livelihood for about 58% of India’s population. Gross Value Added by agriculture, forestry, and fishing was estimated at Rs. 19.48 lakh crore in FY20. Share of agriculture and allied sectors in gross value added (GVA) of India at current prices stood at 17.8 % in FY20. Consumer spending in India will return to growth in 2021 post the pandemic-led contraction, expanding by as much as 6.6%.   The Indian food industry is