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
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
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