Best answer: Which sectors will grow in next 10 years in India?

Which sectors will grow in next 10 years?

Perhaps top performers of 2020 could still retain the baton for 2021.

Let’s explore the likely behaviour of some of the most popular sectors for investment:

  1. Healthcare Sector. …
  2. Telecom Sector. …
  3. FMCG Sector. …
  4. Agriculture Sector. …
  5. Aviation Sector. …
  6. Banking Sector. …
  7. Automobile Sector.

Which sector will grow in future in India?

Emerging Sectors

  • ADVANCED ENGINEERING AND MANUFACTURING: …
  • DIGITAL INNOVATION: …
  • ENERGY: …
  • FINANCIAL, LEGAL AND PROFESSIONAL SERVICES: …
  • INFRASTRUCTURE: …
  • LIFE SCIENCES AND HEALTHCARE: …
  • RETAIL, FOODS & DRINK, AND LOGISTICS: …
  • SKILLS AND EDUCATION:

Which sector is fastest growing sector in India?

The Industry sector was the fastest growing sector in one year and the Agriculture sector was the fastest-growing sector in two years.

Sector-wise GDP Growth of India.

Sector GVA at basic prices
GVA (Rupees in Crore) at current prices 2012-13 13.52
2013-14 12.61
2014-15 11.01

Which sectors will grow in next 5 years?

7 Sectors for Long Term Investment

  • IT (Information Technology): The revival of USA economy is good news for IT sector. …
  • Pharma (Pharmaceuticals) Recently Govt of India has taken certain steps to promote pharma sector. …
  • Housing Finance Companies / NBFC: …
  • Auto – 4 Wheeler. …
  • Infrastructure: …
  • FMCG – Urban Consumption. …
  • Logistics.
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Which industry will grow in 2025?

New Delhi: Direct selling sector is poised to employ more than 18 million by 2025 and as per industry estimates, the Direct Selling industry in India, which currently ranks No. 15, globally, is expected to grow at a Compounded Annual Growth Rate (CAGR) of about 4.8 percent to reach Rs 15,930 crore by 2021.

What is best sector to invest in now?

Top 5 Sectors to invest in, in 2021

  • – Banking: A number of sectoral mutual funds have increased their allocation in this sector of the economy, resulting in a higher proportion of banking and financial stocks in the market. …
  • – Infrastructure: …
  • – Pharmaceuticals: …
  • – IT/ technology: …
  • – Chemicals: …
  • Conclusion.

Which industry will grow in future?

The 7 Growth-Focused Industries That We Will See More In The…

  • #1 Financial Services and Fintech. …
  • #2 Pharma and Life Sciences. …
  • #3 Data Analysts and Scientists. …
  • #4 E-commerce. …
  • #5 Human Resources. …
  • #6 Digital Marketing. …
  • #7 Retail and Luxury.

Which is the fastest growing sector?

So, let us take a look at our list of fastest growing industries in the world, starting with number 15.

  • Airlines.
  • Management Consultants. …
  • Hotels and Resorts. …
  • Beer Manufacturing. …
  • Cargo Airlines. …
  • Tourism. …
  • Cardboard Box and Container Manufacturing. …
  • HR and Recruitment Services. Revenue Growth 2019-2020: 7.7% …

Which sector is the largest employer?

The primary sector continues to be the largest employer even now. 3. More than half of the workers in the country are working in the primary sector, mainly in agriculture, producing only a quarter of the GDP.

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Which industry is booming in 2021?

According to Grand View Research (grandviewresearch.com), the global blockchain technology market size was valued at USD 3.67 billion in 2020. It is expected to expand at a compound annual growth rate (CAGR) of 82.4% from 2021 to 2028. It is one of the fastest developing industries.

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