Industries we Serve.
The Indian auto industry is one of the world's most extensive and is evolving quickly. The growing interest of the companies in exploring the rural markets further aided the growth of this sector. Several initiatives by the Government of India and the major automobile players in the Indian market are expected to make India a world leader in the Two Wheeler (2W) and Four Wheeler (4W) markets.
Chemicals and Paints
The chemicals sector holds a significant position in the Indian economy, accounting for 7% of the GDP and about 14% of the overall index of industrial production (IIP). India has a significant presence in the production of basic organic chemicals, fertilisers, pesticides, paints, dyestuffs and intermediates and fine and speciality chemicals. However, the sector faces critical challenges such as inadequate infrastructure facilities and high costs of basic raw materials - like natural gas and crude oil. Also, the high cost of capital and the need for technological modernisation of its facilities are other challenges.
Consumer and Industrial Products and Services
India is the world’s fifth-largest global destination in the retail space. The Indian retail industry has emerged as one of the most dynamic and fast-paced industries due to the entry of several new players. As a result, it is ever-evolving, with new products being made for the multifaceted consumer market. In addition, the technology and e-commerce sectors have further transformed the Indian retail space.
Industrial manufacturing is a significant growth sector for the Indian economy with diverse companies, including those engaged in manufacturing machinery and equipment, electrical and metal products, cement, building and construction material, rubber and plastic products and automation technology products.
The power and mills sector is integral to India's infrastructure, which strongly emphasises the nation's economic growth and welfare. India's power & steel industry sector is well diversified and has evolved. We have been bestowed upon by some of the best state-of-the-art steel mills in the world. The foundation of this sector revolves around the continuous modernisation and up-gradation of older plants with higher energy efficiency levels.
Healthcare and Pharmaceuticals
The Indian healthcare sector is diversifying, and opportunities are emerging in every segment, providers, payers or medical technology. With growing competition, organisations are cognisant of new challenges. They want to explore the latest business dynamics and trends impacting their segment. New players are building their entry strategy, and domestic players are exploring new care models to stay ahead.
The Indian pharmaceuticals market is the third largest in volume and the thirteen largest in value. The country also has a large pool of scientists and engineers who have the potential to steer the industry ahead to an even higher level. India is the drug exporter to more than 200 countries worldwide, with the US as the key market.
Oil and Gas
The oil and gas sector is among the six core industries in India. It plays a significant role in influencing decision-making for all other sectors of the economy. The Government of India has allowed 100 per cent foreign direct investment (FDI) in many industry segments, including natural gas, petroleum products, and refineries. The petroleum industry mainly focuses on the global processes of exploration, extraction, refining, transporting (often by oil tankers and pipelines), and marketing petroleum products.
The Indian telecom industry is one of the world's fast-pacing and evolving industry sectors, making the telecommunication industry the backbone of India's industrial and economic development. India, the world's second-largest telecommunications market, has registered solid growth in the past decade. The liberal and reformist policies of the Government of India have been instrumental in creating a strong consumer demand within the rapidly growing Indian telecom sector. In addition, the deregulation of FDI norms has made this sector one of the country's fastest-growing and top-five employment opportunity generators.
Construction and Infrastructure
Indian realty sector has evolved and contributes a massive share of over 6% to the total GDP of the economy. This sector is responsible for the development of the new shopping formats growing up in India. Moreover, the industry comprises some of the best construction companies and investments pertaining to both foreign and domestic markets.
India’s diversified financial sector is undergoing rapid expansion in terms of strong growth of existing financial services firms and new entities entering the market. The sector comprises commercial banks, insurance companies, non-banking financial companies, co-operatives, pension funds, mutual funds and other smaller financial entities. In addition, the banking regulator has allowed new entities, such as payments banks, to be created recently, thereby adding to the types of entities operating in the sector. However, the financial sector in India is predominantly a banking sector, with commercial banks accounting for more than 64 per cent of the total assets held by the financial system.