The manufacturing pharma sector in India is regulated at the state level, except for the Central Food and Drug Administration. With over 50% of generic demand in the US and 40% in the UK, the Indian pharmaceutical sector supplies over 50% of the global demand for various vaccines. The domestic industry comprises 3,000 pharmaceutical companies and 10,500 manufacturing units which are sufficient to meet the current demand. See the top pharma companies in India and their collaborations, investments, and more on the India Brand Equity Foundation website.
Indian Automobile Industry - IBEF
Over the past few decades, the automobile industry in India has maintained a high growth rate, contributing significantly to the GDP. In FY22, the annual production of automobiles reached 22.65 million units, while 13 million vehicles were produced between April-October 2021. The two-wheeler component conquers the market in terms of volume due to a growing middle class. The focus is on exploring rural markets with more initiatives in the Automobile Industry profile than ever before. India Brand Equity Foundation provides you all the information about the Automobile Industry.
Coffee production in india 2020
Coffee production in India is one of the top 10 coffee-producing countries with around 3% of the global production in 2020. The country offers two types of coffee: Arabica and Robusta. Robusta is the predominantly manufactured coffee, accounting for 72% of total production. The major areas of coffee plantation in India are the southern part of India, which are Karnataka, Kerala, Tamil Nadu, and Andhra Pradesh. Some coffee produces in northeastern regions. India Brand Equity Foundation website provides you all data about coffee.
The Industrial growth in India is wide-ranging and includes both small and large-scale enterprises. The primary sectors of manufacturing are textiles, food processing, leather goods and chemicals. Also, several mobile phones, luxury, and automobile brands, among others, have set up or are looking to establish their manufacturing bases in the country. Ever since India opened up to global trade, its share in global exports has grown exponentially and is now ranked 11th among the top 10 economies in terms of GDP. Reports on manufacturing industry are estimated to reach US$1 trillion. With this, India will be included in the top 5 countries in terms of GDP.
Indian automobile industry has achieved global position in terms of manufacturing, engineering, and exports. In FY 2011, Indian automobile companies produced 22.65 million vehicles; 13 million units were produced till April-October 2021. The two-wheelers segment dominates the market in terms of volume due to a growing middle class, and a large percentage of India's population is young. The exploration of rural markets by Indian automobile companies further aided its growth. To know more, visit the India Brand Equity Foundations website.
What Is The State Of Handicraft Products In India?
Indian handicrafts have a strong base of rich cultural diversity in the country. What was considered rural employment is today the biggest job creator in the country. Also, handicrafts play a crucial role in reshaping the Indian economy. Rural artisans have found large markets for their products outside the country. India Brand Equity Foundation is the organization that takes Indian products to the world.
The idea behind Aatmanirbhar Bharat is to create an ecosystem that helps local industries and businesses to flourish while helping others to become self-sufficient. This ecosystem will also enable every Indian and human being within the country to be independent. The self-reliant India scheme also envisages creating an environment that encourages entrepreneurship, innovation, easy entry with less barrier-free technologies and creates a conducive environment for promoting good governance across the country. To know more, visit India brand equity foundation website.
The Ministry of Textiles governs the textile industry in India. It is the second biggest industrial sector after agriculture & one of the primary employment generators in India & also vital in the growth and development of the economy. The Indian economy relies on the textile sector in India, which is booming at a fast pace. The government supports the small-scale yarn manufacturers in India so they can contend with the global players. Due to arising challenges and opportunities in the Indian textile sector, there is a very bright future for this sector.
The official coffee industry began under British rule but gained momentum only after independence. Today India exports 80% of its products to the US and European countries. The history of a coffee plantation in India is intriguing as it all began with coffee beans smuggled into India illegally, without knowing how well these exotic beans grew in later times. And today, almost four centuries later, coffee production in India contributes about 4.5% to the total global production of coffee.