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Gems and Jewellery Industry in India

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  Gems and Jewellery Industry in India As of January 2021, India’s gold and diamond trade contributed 7.5% to India’s Gross Domestic Product (GDP) and 14% to India’s total merchandise exports. The gem and jewellery sector is likely to employ 8.23 million persons by 2022, from 5 million in 2020. Jaipur, a land with a vast cultural heritage and a spirited lifestyle, is also a very important city in the India gems and jewelry industry. The Jewelry Stores industry, which sells jewelry, timepieces and sterling and plated silverware, is composed of traditional brick-and-mortar shops and does not include internet, mail-order or direct-sale retailers. India is also home to around 450,000 goldsmiths, 100,000 gold jewellers along with 6,000 diamond process

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

Indian Renewable Energy Sector

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Indian Renewable Energy Sector   Indian renewable energy sector is the fourth most attractive renewable energy market in the world1. India was ranked fifth in wind power, fifth in solar power and fourth in renewable power installed capacity, as of 2019.   Installed renewable power generation capacity has gained pace over the past few years, posting a CAGR of 17.33% between FY16-20. With the increased support of Government and improved economics, the sector has become attractive from investors perspective. As India looks to meet its energy demand on its own, which is expected to reach 15,820 TWh by 2040, renewable energy is set to play an important role. The government is aiming to achieve 227 GW of renewable energy cap

Science and Technology Development in India

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Science and Technology Power is among the most critical component of infrastructure, crucial for the economic growth and welfare of nations. The existence and development of adequate infrastructure is essential for sustained growth of the Indian economy.   India’s power sector is one of the most diversified in the world. Sources of power generation range from conventional sources such as coal, lignite, natural gas, oil, hydro and nuclear power to viable non-conventional sources such as wind, solar, and agricultural and domestic waste. Electricity demand in the country has increased rapidly and is expected to rise further in the years to come. In order to meet the increasing demand for electricity in the