Growth Strategies | Page 5

Meesho clocked 3.7 million orders per day, generating INR 197 crore in free cash flow. The platform featured 110 million daily active listings and have created 85,000 jobs so far, the company said.

The two biggest areas of projected growth are the bio-medical and bio-industrial sectors, which are expected to reach $128 billion and $121 billion, respectively, by 2030.

The car maker is looking at 20 per cent year-on-year growth in India

India is the world's fifth-largest economy by nominal GDP and is expected to become the third largest by 2030.

India is no longer just a back office for global tech. Its deep tech capabilities, skilled workforce, and strategic partnerships are positioning it as a major player in the global technology arena.

As India continues to expand its role in the global economy, it presents an increasingly compelling case for investors seeking growth and diversification.

India's startup ecosystem is evolving beyond hypergrowth, embracing profitability, premiumization, and omnichannel adoption leveraged by over a 100 unicorns and a booming pipeline of soonicorns, according to Redseer, a strategy consulting company.

Cities such as Jaipur, Lucknow, Thiruvananthapuram, Surat, Coimbatore are embracing electric cars

India's vision of becoming a global manufacturing hub hinges on the growth and competitiveness of its MSMEs. However, without addressing fundamental infrastructure challenges, this vision will remain elusive.

The report suggests that ongoing efforts to enhance digital and physical infrastructure will yield efficiency gains, reducing ICOR across all scenarios, though the decline is most pronounced in the high-reform scenario

The road to sustainability requires a shift in mindset. While financial considerations remain paramount, MSMEs must recognize that sustainable practices drive business growth, enhance brand reputation, and ensure regulatory compliance.

The Uttar Pradesh Micro, Small & Medium Enterprises Promotion Policy 2022 offers significant incentives to encourage MSME growth, particularly in backward regions. Capital subsidies range from 10 per cent to 25 per cent, capped at INR four crore per unit, with additional benefits for SC/ST and women entrepreneurs.

For Volvo Cars, it's not about market share. It's more about how do we change the mindset of people to buy more electric cars, says Jyoti Malhotra, MD, Volvo Cars India

Recent measures such as interest rate cuts and the INR 12 lakh rebate under the new tax regime have made homeownership in this segment more accessible to high-net-worth individuals. With reduced borrowing costs and increased disposable income, buyers are more willing to invest in high-end properties that offer exclusivity and long-term value.

We are focusing on tailor made limited edition cars, specifically for the Indian market, catering to the high net worth individuals (HNIs), says Rajan Amba, MD, JLR India

The global pharmaceutical industry is valued at approximately $1.6 trillion, while India's market stands at $55 billion, projected to grow to $120-130 billion by 2030.

The next two quarters would be crucial as Shailesh Chandra, MD, Tata Motors Passenger Vehicles Limited, believes the EV industry is up for a change

SIDBI's MSME Outlook Survey offers valuable insights into the sector's evolving dynamics, reinforcing the crucial role of MSMEs in India's economic growth. With strong business confidence and an optimistic outlook, MSMEs are poised to paving the way for a more resilient and self-reliant economy.

The Budget takes a balanced approach by strengthening rural infrastructure, manufacturing and consumer spending, hence solidifying the consumption in the fast-moving consumer goods (FMCG) sector

India's GDP growth is set to decline to 6.4 per cent in 2024-25, the slowest pace in four years. This marks a sharp drop from the 8.2 per cent growth recorded in FY24, when India remained the fastest-growing major economy. The economy expanded by 7.2 per cent in 2022-23 and 8.7 per cent in 2021-22.

The services sector remained the top recipient, accounting for 19.1 per cent of total equity inflows in the first half of FY25.