India Industry Reports

The steel industry is a cornerstone of India's economic growth, providing essential raw materials for key sectors such as automotive, construction, and transportation. Its influence extends across the economy through strong upstream and downstream ...

India's mining sector is a cornerstone of the country's industrial and economic development, fueled by rapid urbanization, infrastructure growth, and the rising demand for energy and raw materials. As a resource-rich nation, India continues to expand ...

India's textile sector is a cornerstone of the economy, ranking as the world's second-largest producer of man-made fibres and the third-largest exporter of textiles and apparel. The sector plays a crucial role in the country's economic growth, ...

India's transportation network is a vast and intricate system that underpins the nation's economic growth and connects its diverse regions. The air, water, road and rail modes play pivotal roles in facilitating the movement of goods and people across ...

Consumer electronics is a vital component of the manufacturing sector in India. It is touted to be one of the key pillars of economic growth due to its ability to generate employment and influence other sectors of the economy, creating a multiplier ...

The agribusiness sector plays an important role in India's economy, accounting for 16.2% of the country's GDP in FY2024 and 7.9% of total exports in 2023 (calendar year format). The sector employed approximately 46.1% of the country's total workforce ...

India possesses one of the largest food & beverage industries in the world as the country is a leading producer of rice, wheat, maize, sugar, soybean meal, soybean oil, coffee, banana, poultry meat, milk and shrimp, among other products. The food ...

In Q3 FY2025, the banking sector has continued to experience a moderation in credit growth. ICRA has revised its credit growth forecast for FY2025 downwards to 10.5-11.0%, from the previously estimated 11.6-12.5%. Deposit growth has also remained a ...

Brent crude prices in Q3 FY2025 averaged USD 74.6/bbl, a 10.9% y/y decline and a 6.6% q/q decline. The average prices in the quarter were the lowest reported since Q2 FY2022. After three consecutive monthly declines, in October 2024, Brent crude ...