Tag Archives: business plan

Prospects of Chemicals and Petrochemicals Sector in India, 2023 – 28 – DART Consulting Forecasts Higher Growth in the Next Five Years

The chemical industry in India stands as a one of the pillars of the nation's economy.  It contributes 7% to the Gross Domestic Product (GDP). This sector has demonstrated remarkable resilience and emerges as one of the few industries that not only withstood the challenges posed by the global pandemic but also experienced substantial growth. Ranked as the 6th largest chemical producer worldwide and the 3rd largest in Asia, India's chemical industry is primed to harness upcoming opportunities and Read more [...]

Higher Growth Prospects of Fast-Moving Consumer Goods (FMCG) Industry in India 2023 – 27 – DART Consulting

Fast-Moving Consumer Goods (FMCG) sector is the fourth largest industry of the Indian economy.  Characterized by high turnover, these products are produced, distributed, marketed, and consumed within a short span of time. Detergents, toiletries, tooth cleaning products, cosmetics are the top FMCG products that dominate the market.  The FMCG sector in India also includes pharmaceuticals, consumer electronics, soft drinks packaged food products and chocolates.  Since the sector encompasses a diverse Read more [...]

Market Growth Prospects of Textiles, Apparels & Accessories in India 2023- 27- Industry is Expected to Mark Growth Rate around 11% in the Coming Years

India is known as one among the world's largest producers of Textiles and Apparel. The textiles and apparel industry in India spreads across the entire value chain from fiber, yarn, fabric to apparel. The Indian textile and apparel industry is highly diversified with wide range of segments ranging from products of traditional handloom, handicrafts, wool, and silk products to the organized textile industry in India. The organized textile industry in India is characterized by the use of capital-intensive Read more [...]

Market Growth Prospects of Banking Sector in India, 2023- 24 – DART Consulting Forecasts Higher Growth in the Next Five Years

India’s banking sector is sufficiently capitalized and well-regulated. The financial and economic conditions are comparatively better even by comparing with well developed economies. Indian banks are generally resilient and have withstood the global downturn well as can be noted by reviewing previous years records. The Indian banking industry has recently witnessed the rollout of innovative banking models like payments and small finance banks. In recent years, the Banks are increasingly focusing Read more [...]

Higher Market Growth Prospects of Automobiles & Auto Components Sector in India, 2023- 28 with Expected Growth of 6%

India has become one of Asia’s largest auto hubs and the market is to become a key player in global auto supply chains.  The auto components industry in India has exhibited impressive growth in the past decade, both in terms of production and exports.  With the ongoing growth of Indian auto industry combined with supporting government policies, the prospects of this industry are also promising.  The country’s auto industry is a mix of foreign players along with local companies which are growing Read more [...]

Market Growth Prospects of Real Estate in India 2023- 24 – Expected Growth at 15% – DART Consulting

The real estate sector reflects the market pulse of consumer and business sentiments in India.  It is the second largest employment generator, and hence this sector is highly important for the overall economic performance and achievement of social objectives.  For nearly a decade, the Rea Estate sector has been going through a major churn out due to slow down after overheating, problems of quality and fragmentation, and then a regulatory overhaul that witnessed many landmark reforms executed to Read more [...]

How to Secure Competitive Advantage in the Market – Enterprise Success Strategy Tips

It is important for all enterprises to secure competitive advantages in the market to succeed in their venture.  Thus, to be an active player in the market, each enterprise needs to focus on monitoring the external environment and securing competitive intelligence. The external environment refers to the factors contributing outside the control of an enterprise that can impact its success.  Analyzing and understanding the external environment is vital to identify its threats and opportunities.  Read more [...]

Top UPI Applications and Total Addressable Market in UPI Transactions – Growing UPI Market and Digital India

After demonetization, the Indian government is pushing for digital and Unified Payments Interface (UPI) payments to achieve the much-needed digitization in financial transactions and accountability.  The transaction through UPI generates payment track and it helps tax authorities to track transactions for all monitoring purposes including taxation.  This is much needed to reduce the influence of cash in the economic system which helps economic planners to take the right decision. UPI is a mobile Read more [...]

Agnipath Scheme – Conscription and Short-Term Services in the Military

The launch of the new Agnipath scheme has ignited the flame of controversy about the selection and recruitment process of the Indian armed forces.  Does short-term recruitment affect the effectiveness of the armed forces? Do these short-term recruits have the same kind of motivation and determination as to their counterparts? Are we the first ones to come up with this kind of recruitment model? Conscription is a term connected with such short-term recruitment for military service. Conscription Read more [...]

Unified Payments Interface payment and its Growth – UPI Transactions and Growing Accountability in Financial System with Payment Digitization

Unified Payments Interface (UPI) is a mobile app-based payment system that brings multiple bank accounts to one platform. It results in an effortless funds transfer experience which is quite unique in the industry.  UPI combines various banking services, smooth fund routing, plus merchant payments into a single mobile application (of any participating bank). It also handles "Peer Peer" collection requests, which can be scheduled and paid according to need and convenience. UPI was introduced in Read more [...]