India

[New] The rise of China and India will reduce the share of world GDP accounted for by Europe, with India projected to be larger than the EU279 by 2035.
[New] By 2050, India is projected to be the world's second-largest economy and will account for 15% of the world's total GDP.
[New] An interesting point to mention is that Pay-TV in India still dominates 80% of the overall video entertainment market spend and is expected to continue to grow to reach 69% of household penetration by 2023.
[New] India is expected to become the sixth-largest pharmaceutical market in the world by 2020.
The Asia-Pacific duty-free sales are forecast to reach US$43.4bn in 2020, backed by high growth in countries such as China, India and South Korea.
India will have the third most SVOD subscribers in any country worldwide by the end of 2020, fuelled by the growth in affordable smartphones, cheaper mobile data and faster internet access.
The growth in affordable smartphones, cheaper mobile data and faster internet access will see India have the third most SVOD subscribers in any country worldwide by the end of 2020.
By the end of the year (2020) India will have the third most SVoD subscribers of any country worldwide, after China and the USA, and is predicted to reach 95 million in 2023.
India has set a target of having 17 5GW of clean energy by 2022 which includes 100 GW of solar and 60 GW of wind energy.
India is the second largest emitter of black carbon in the world, with emissions expected to increase dramatically in the coming decades, with the Indo Gangetic plains said to be the largest contributor.
The logistics and supply chain market in India is expected to grow and reach USD 307 billion by the year 2020, recording a CAGR of 16% on an average.
Asia-Pacific: Advertising spend is expected to rise 7.5% to $205.0bn in 2020, with China, Japan, Australia and India (+15.6% to $11.2bn) all set to record annual growth.
By 2024, India will most likely overtake China to become the most populous country on the earth with 1.44bn people.
India has emerged as the fastest growing major economy in the world with a GDP that is growing at 7% and is expected to reach US$ 6 trillion by Financial Year 2027 making it the third largest economy in the world overtaking Japan.
By the 2040s, the combination of Japan, India and Indonesia is projected to outweigh China in GDP, military spending and population.
In 2020-21 sugar production in India is expected to increase from low levels due to an assumption of average monsoon rainfall.
If India upgrades its urban operating model, it has the capacity to reap a demographic dividend from the increase of around 250 million expected in the next decade in the working-age inhabitants.
By the end of this decade, India will be the most populous country, with a projected 1.50 billion people, compared with China's peak population of 1.46 billion.
In the short term, traffic from Japan to India will be curtailed by new travel restrictions imposed by the Indian government on nationals of Japan and certain other Asian countries as a result of the COVID-19 outbreak.
The TV market in India is expected to grow to 2.84 crore units in 2024-25 from 1.75 crore units in 2018-19.
In 2023 India is expected to become the most populous country in the world.
India is expected to be the third-largest consumer economy as its consumption is projected to reach US$ 4 trillion by 2025, due to an expanding middle-class population, growing disposable incomes, urbanisation and rising affluence.
Over the next few years, India is expected to grow at well over 7% per year, with progress being sustained by dynamic reforms in the macroeconomic, fiscal, tax and business environments.

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Last updated: 29 March 2020