India Industry Reports

Brent crude prices averaged USD 79.8/bbl in Q2 FY2025, a 7.9% y/y and 5.7% q/q decline. After rising in July 2024 by 3.5% m/m, Brent crude prices declined by 5.6% y/y in August and 7.9% y/y in September. While prices increased by 2.2% m/m in October, ...

India's renewable energy sector is among the fastest-growing globally, driven by abundant solar and wind resources and strong government support. According to the International Renewable Energy Agency (IRENA), India ranked as the fourth-largest ...

The cement sector is pivotal in the country's economic growth, serving as a critical foundation for nation-building sectors such as housing, infrastructure, and industrial and commercial development. The sector's significance, one of the eight core ...

The banking sector in India is expected to see a moderation in credit growth in FY2025 after experiencing robust expansion in FY2024. According to ICRA's estimates, credit growth is projected to slow down to 11.6-12.5% in FY2025, compared to the ...

There were substantial changes in India's insurance sector between October 2024 and February 2025. The Insurance Regulatory and Development Authority of India (IRDAI) has issued a series of important regulatory updates. The regulator initiated the ...

The implementation of the new Telecommunications Act 2023 in July 2024 provided a significant boost to the Indian telecommunications sector. The Act replaced several legislative instruments governing the industry, some of which trace back to 1883, ...

India is a substantial global producer and exporter of chemicals. India's chemical expertise encompasses a diverse array of product categories. Despite these advantages, India is still a net chemical importer. In several key categories, India lacks ...

The steel industry plays a pivotal role in driving India's economic growth and development, serving as a key raw material for strategically important sectors like automotive, construction, and transportation. Its extensive impact is evident through ...

Traditional, unorganised producers and distributors dominate India's flourishing consumer goods and retail sector. India's sprawling conglomerates are spearheading the expansion of contemporary consumer products manufacturers and retailers into the ...