Financial intermediation, real estate and business activities contributed 21.7% to the gross value added (GVA) in 2022, followed by mining, manufacturing and utilities (20.5%) and agriculture (18.4%). In nominal terms, the three sectors are forecast to grow by 14.2%, 11.8% and 10.7%, respectively, in 2023.
Emerging cities such as Bangalore and Hyderabad are new drivers for economic growth, with a lower share of population compared to old metro-cities
Emerging cities such as Bangalore and Hyderabad are new drivers for economic growth, with a lower share of population compared to old metro-cities
Key Highlights
The Indian stock exchange exhibited a volatile trend over past year. As of May 23, 2023, the index stood at 18,398.6, compared to 16,214.7 on May 23, 2022.Scope
- The infrastructure capital investment outlay in Budget 2023-24 is being raised by 33% to Rs.10 lakh crore ($122 billion), equivalent to 3.3% of GDP.
Reasons to Buy
- Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
- PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
- Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
- This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.
Table of Contents
- List of Exhibits
- Did You Know?
- Country Highlights
- Key Economic Updates
- Country Snapshot
- Political Landscape
- Economic Landscape
- Social Landscape
- Technological Landscape
- Legal Landscape
- Environmental Landscape
- Outlook
List of Tables
- Exhibit 1: India’s performance in terms of its country risk analysis in comparison to Asia-Pacific and the World average
- Exhibit 2: Performance overview (score: 1-100)
- Exhibit 3: Broad categories and weights behind the index
- Exhibit 4: India stock exchange index - NIFTY Index (May 2022-May 2023)
- Exhibit 5: Key sectors contribution to the economy (2017-24f)
- Exhibit 6: Total FDI inflows by year (2018-19 to 2022-23) & FDI equity inflow by top three sectors (2020-21 to 2022-23)
- Exhibit 7: FDI equity inflow by country and by region (2020-21 to 2022-23 )
- Exhibit 8: Number of unicorns in India by city and sector, 2022
- Exhibit 9: Key infrastructure indicators (2020)
- Exhibit 10: Real GDP and household consumption growth rate (2018-25f)
- Exhibit 11: Real GDP growth rate comparison (2022)
- Exhibit 12: Volume of exports and imports growth (2018-25f)
- Exhibit 13: Current account balance (2018-25f)
- Exhibit 14: Top three commodity exports, % of total exports (2018-22)
- Exhibit 15: Mineral fuels, % share of world’s total (2022)
- Exhibit 16: Interest rates (April 2018 - April 2023)
- Exhibit 17: Exchange rate and inflation (2018-25f)
- Exhibit 18: Public finance (2018-25f)
- Exhibit 19: General government debt (2018-25f)
- Exhibit 20: Unemployment rate (2018-25f)
- Exhibit 21: Average annual wages (2018-25f)
- Exhibit 22: Labor cost index (2018-25f)
- Exhibit 23: Rural/urban share of total population (1995, 2005, 2015, 2025f)
- Exhibit 24: Age-group share of total population (1995, 2005, 2015, 2025f)
- Exhibit 25: Gender split (1995, 2005, 2015, 2025f)
- Exhibit 26: Internet users as a percentage of total population, mobile penetration rate and broadband penetration rate (2022)
- Exhibit 27: Number of patents granted per million population (2021)
- Exhibit 28: High-technology exports, % of manufactured exports (2021)
- Exhibit 29: Rule of law (rankings), 2022
- Exhibit 30: Corruption perceptions index (rankings) (2022)
- Exhibit 31: Renewable energy capacity (2017-21)
- Exhibit 32: CO2 emissions (2017-21)
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Apollo
- ITC
- Dabur
- Amul
- HDFC Bank
- ICICI Bank
