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Government Spending in India

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    Report

  • 43 Pages
  • April 2025
  • Region: India
  • MarketLine
  • ID: 6109222
Government Spending in India industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • Government spending refers to the money spent by the government of a country to provide goods and services to its citizens. It helps to drive economic growth, create employment opportunities, and improve the standard of living for its citizens.
  • The Indian government spending market recorded expenditure of $1.02 trillion in 2024, representing a compound annual growth rate (CAGR) of 7.7% between 2019 and 2024.
  • The education segment accounted for the market's largest proportion in 2024, with a total expenditure of $197.9 billion, equivalent to 19.2% of the market's overall expenditure.
  • In 2024, the Indian government spending market experienced an annual growth of 6.2%, partly attributed to the growing demand for healthcare and social protection, particularly in underserved areas. With rising concerns around public health infrastructure, the government increased investment under the Ayushman Bharat Health Infrastructure Mission, expanding access to diagnostic services, primary care, and emergency facilities in semi-urban and rural belts.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the government spending market in India
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the government spending market in India
  • Leading company profiles reveal details of key government spending market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the India government spending market with five year forecasts

Reasons to Buy

  • What was the size of the India government spending market by value in 2024?
  • What will be the size of the India government spending market in 2029?
  • What factors are affecting the strength of competition in the India government spending market?
  • How has the market performed over the last five years?
  • What are the main segments that make up India's government spending market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the strengths of leading players?
7.4. What are the most recent notable developments?
8 Company Profiles
8.1. Bharat Heavy Electricals Ltd
8.2. Hindustan Aeronautics Ltd
8.3. Housing and Urban Development Corporation Ltd
8.4. Larsen & Toubro Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: India government spending sector value: $ billion, 2019-24
Table 2: India government spending sector category segmentation: % share, by value, 2019-24
Table 3: India government spending sector category segmentation: $ billion, 2019-24
Table 4: India government spending sector geography segmentation: $ billion, 2024
Table 5: India government spending sector value forecast: $ billion, 2024-29
Table 6: Bharat Heavy Electricals Ltd: Key Facts
Table 7: Bharat Heavy Electricals Ltd: Annual Financial Ratios
Table 8: Bharat Heavy Electricals Ltd: Key Employees
Table 9: Bharat Heavy Electricals Ltd: Key Employees Continued
Table 10: Hindustan Aeronautics Ltd: Key Facts
Table 11: Hindustan Aeronautics Ltd: Annual Financial Ratios
Table 12: Hindustan Aeronautics Ltd: Key Employees
Table 13: Housing and Urban Development Corporation Ltd: Key Facts
Table 14: Housing and Urban Development Corporation Ltd: Annual Financial Ratios
Table 15: Housing and Urban Development Corporation Ltd: Key Employees
Table 16: Larsen & Toubro Ltd: Key Facts
Table 17: Larsen & Toubro Ltd: Annual Financial Ratios
Table 18: Larsen & Toubro Ltd: Key Employees
Table 19: India Size of Population (Million), 2020-24
Table 20: India Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 21: India GDP (Current Prices, $ Billion), 2020-24
Table 22: India Inflation, 2020-24
Table 23: India Consumer Price Index (Absolute), 2020-24
Table 24: India Exchange Rate, 2019-24
List of Figures
Figure 1: India government spending sector value: $ billion, 2019-24
Figure 2: India government spending sector category segmentation: $ billion, 2019-24
Figure 3: India government spending sector geography segmentation: % share, by value, 2024
Figure 4: India government spending sector value forecast: $ billion, 2024-29
Figure 5: Forces driving competition in the government spending sector in India, 2024
Figure 6: Drivers of buyer power in the government spending sector in India, 2024
Figure 7: Drivers of supplier power in the government spending sector in India, 2024
Figure 8: Factors influencing the likelihood of new entrants in the government spending sector in India, 2024
Figure 9: Factors influencing the threat of substitutes in the government spending sector in India, 2024
Figure 10: Drivers of degree of rivalry in the government spending sector in India, 2024

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Bharat Heavy Electricals Ltd
  • Hindustan Aeronautics Ltd
  • Housing and Urban Development Corporation Ltd
  • Larsen & Toubro Ltd