PhonePe and Google Pay Accounts for 87% of UPI Transactions
Two apps dominate the UPI transactions space - PhonePe and Google Pay
Data about important topics based on our proprietary research and over 1000 third party sources.
Two apps dominate the UPI transactions space - PhonePe and Google Pay
With pet ownership rising, especially among urban millennials and double-income households, the market for pet food, veterinary services and pet care products in India reached an estimated ₹4,000 crore in 2022.
UPI transactions may hit 20 billion a month in the next 18-24 months
There are only 7.5 million student beds at on-campus accommodations pan-India, not enough to serve the current demand and far from being able to meet the projected future demand.
The growth in wireless broadband subscribers has been driven by the increasing availability of affordable 4G and 5G services.
From a market value of INR 244 billion in Fy2015, the market soared to INR 330 billion in FY 2020, registering a commendable CAGR of 6%.
In August 2023, India marked a significant milestone by surpassing 9.1 crore issued credit cards.
Indian travellers seeking natural beauty, history, culture, cuisine and offbeat experiences beyond regular tourist circuits are exploring beyond Dubai
For travel players like MakeMyTrip, the growth upside is tremendous after two years of demand compression.
As premiumization disrupts India's price-sensitive smartphone market, it will continue propelling Apple to new highs.
India's Stationery Market Promises Growth Given Current Low per Capita Value Consumption
High logistics cost impacts the competitiveness of Indian goods both domestically and abroad. Reducing logistics overhead is essential for growth.
Driven by natural hair products, shampoos, and oils, hair care accounts for nearly 27% of overall BPC sales.
Given its population India has become a key market for global beauty brands.
China is expected to reach an estimated market size of $73 billion by 2027, surpassing the U.S. market valued at $71 billion.
The quick expansion of e-commerce as a domestic sales contributor highlights its importance to Nestlé’s strategy of driving penetration in both urban and rural markets across India.