$20 Trillion India GDP Dream and Plan
India Economic Growth Story - GDP $20 Trillion from $2 Trillion
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What the Prime Minister Modi said on 31 December 2017 (Mann Ki Baat) Regarding #PositiveIndia?
About #PositiveIndia, some countrymen shared those incidents of this year which left a special impact on their minds, a very positive one at that. Some people even shared their personal achievements.
Let us enter into the New Year with such little achievements, begin our New Year and take a concrete steps in the journey from ‘Positive India’ to ‘Progressive India’.
So the hashtag #ProgressiveIndia is now available on social media platforms.
Rain drops become Rivers
Little Achievements #ProgressiveIndia News
January 2018
1 Jan
1. 12th CALL for Proposals under Biotechnology Ignition Grant 1st Jan - 15th Feb 2018
2. Automobile companies are likely to employ 40,000 engineers in next three years in the areas of robotics, machine learning, cognitive solutions, and artificial intelligence,
https://economictimes.indiatimes.com/jobs/auto-engineers-likely-to-be-in-demand/articleshow/62320863.cms
2 Jan
1. Passenger vehicles - Car and SUV sales crossed the 3-million mark for the first time ever in India.
The estimated sales per 2017 is 3.2 million (2.9 million in 2016)
https://timesofindia.indiatimes.com/business/india-business/car-sales-grow-highest-in-4-years-to-cross-3m-in-2017/articleshow/62330862.cms
2. ET Poll on Stock Market Indexes at year end 2018 - Modal estimate - 38,000 sensex - 12,500 Nifty.
3 Jan
1. Nikkei India Manufacturing PMI rose to 54.7 in Dec 2017. "India's goods-producing economy advanced on recovery path."
2. Scooter sales improved with growth in December 2017 whereas in December 2016 there was fall of 22%.
3. Reliance Industries Ltd. (RIL) commissioned giant cracker project to produce ethylene. The capitla expenditure involved was $15 billion.
4. Tech. companies likely to provide 2 lakh jobs in 2018 (expectation - 1.5 lalh jobs in 2017).
Country's organised sector created 4 lakh jobs in 2016-17
http://commerce.gov.in/writereaddata/uploadedfile/MOC_636281140249481285_annual_report_16_17_eng.pdf
5. Online retail gross merchandise value (GMV) grew by 23 per cent to $17.8 billion in 2017, up from $14.5 billion last year. The sales are projected to increase by 60 per cent to $28-30 billion in GMV in 2018 (RedSeer Management Consulting).
http://www.fibre2fashion.com/news/apparel-news/india-s-online-retail-sector-grows-23-to-17-8-bn-in-2017-239877-newsdetails.htm
4 Jan
1. Total Bank credit rose 9.9% toRs. 81 lakh crore in the fortnight ended December 22.
2. Indian Railways proposes highest plan outlay of Rs. 1.46 lakh crore for the next fiscal 2018-19. Last year the outlay was Rs. 1.31 lakh crore.
5 Jan
1. Patents have been filed for 5 new AYUSH drugs developed by the Central Research Councils of M/o AYUSH
http://pib.nic.in/PressReleseDetail.aspx?PRID=1515718
11 January 2018
World Bank projects growth of 7.3% in 2018 and 7.5% in the next two years. Growth will accelerate further. India has to take steps to boost investment.
31 December 2017 #ProgressiveIndia - Mann ki Baat 31 December 2017
Estimates for #100 billion economic sectors in India
E-commerce market in India may touch $100 billion by 2020
December 8, 2015
http://www.businesstoday.in/current/corporate/e-commerce-market-in-india-may-touch-100-billion-by-2020-says-study/story/226903.html
India’s luxury sector to hit $100 billion in 8 years
APRIL 07, 2017
Commerce Minister Nirmala Sitharaman said that the market size of the luxury sector in India expected to hit $100 billion in eight years from the current $7-$8 billion. The global luxury industry is worth around $2 trillion.
http://www.thehindu.com/business/Industry/indias-luxury-sector-to-hit-100-billion-in-8-years/article17870573.ece
Creative economy has the potential to be a $100 billion industry within the decade.
Broadcasting industry contributes 48% of total size of the creative economy
Digital India Foundation (DIF)
August 8, 2017
http://businesswireindia.com/news/fulldetails/bolster-economic-growth-through-creative-industries-indias-usd-100-billion-imperative/54482
The textile industry is expected to touch USD 250 billion in the next two years from the present USD $150 billion - domestic market USD 110 billion and export market USD $40 billion.
6 July 2017
http://in.fashionnetwork.com/news/India-s-textile-industry-to-grow-by-100-billion-in-2-years-says-Gupta,847476.html
India’s spending on highways will be Rs 6.8 lakh crore ($100 billion) over the next three years (2017-20).
July 18, 2017
https://www.bloombergquint.com/business/2017/07/18/india-to-spend-nearly-rs-7-lakh-crore-on-roads-over-next-three-years-nomura
*Search Google for "$100 billion industry India"
Updated 2018 - 11, 5, 4, 3 January
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