According to AT Kearney Global Retail Development Index total retail sales in India are currently pegged at $925 BN and growth rate has been 5.8%. AT Kearney GRDI expects India’s retail market to grow to $1.3 Trillion by 2020 (Global Retail Exapansion: An Unstoppable Force, 2015). India is on the cusp of growth and it means the same for international retailers in all formats.
Its EBITDA margins reached £355 million which was yet another record. Machine sales in terms of units increased from 51,600 in the previous year to 69,100 in 2011. This was made possible due to strong growth in both traditional as well as emerging economies. JCB has been investing heavily in UK as well as overseas- starting a new factory in Sao Paulo, Brazil. Also, substantial investment in research and development continues to make JCB a leader in innovative technology which has helped the company in improving fuel efficiency of its engines on a continuous basis.
With this strength we can achieve success if we work hard with strict rules and regulations. Thus this paper is focusing on the implications of PMJDY scheme in the scenario of developmental aspects across India. Keywords: Jan Dhan Yojana, PMJDY, Demonitiation of Currency, Digitalization Introduction: India is identified as fastest growing economy. One of the main reasons that contribute for this is Digitalization. Today we are living in digital era.
One of the best things happen for the Indian automobile market in the recent years was its improvement in the export sector. In the year 2003-04 for the first time in Indian history vehicle worth more than 1 billion USD were exported with the growth rate of 56%. In the year 2009 India emerged fourth largest exporter of passenger cars, in 2010 with the production of more than 3.7 million automotive vehicles with an increase of 33.9% India became third largest exporter of passenger cars. It contributes 4% of the national GDP and accounts for 5% of the Indian industrial output. With employing 13 million people directly or indirectly it has become one of the major employment generators in the country, with the present growth trend it is expected that employment will double by
Introduction While our world has always experienced change, the rate of change is speeding up (Becky, 2010). The rapid changes in the world today have had a tremendous impact on human behaviour, market trends and the economy. Under the general trend of increasing global economic integration, informationisation and networking, the rapid advances in science and technology have been the central driving force behind economic growth and development. It is important for every business to be able to identify its strengths and weaknesses and to overcome any shortcomings through reforms and innovations while also developing its own competitive advantages. Innovation is crucial to the electronics industry because if an electronics company can move to
The benefits of this growth in Retail sector has been visible throughout the country and Pakistan experience a transaction from small retail cluster to large whole sellers and shopping malls in the recent past. And this sector could possibly be a huge job creators and attracting foreign investments into Pakistan and Pakistan become the globe. Platform. The Retail Industry in Pakistan is growing at a very fast pace since the last decade it has increased by leaps and bounds and around in 2020 Pakistan will become the third largest sector after agriculture and manufacture Industries that's why Pakistan is known as a hidden heroes and investors are looking to invest in retail sector like France company, German company, and Metro investing successful and many are still in the line to enter or register in Pakistan like
Information and communication technologies (ICTs) are potentially important enablers for wellbeing of countries. ICT provides leapfrogging possibilities and new opportunities for growth of developing countries. For example, 10% increase in high speed Internet connections results in 1.3% economic growth (World Bank, 2013). ICT importance was also recognized in the United Nations Millennium Development Goals. The United Nations Millennium Development Goals uphold the principle of human dignity, equality and equity at global level.
Consumer electronic goods are likely to witness high demand in the coming years as the Government of India plans to invest significantly in rural electrification. 100% FDI allowed in the electronics hard ware manufacturing sector under the automatic route. The consumer durables sector raked in revenues worth US$ 7.3 billion in F Y12. Growth has been healthy over the years, recording a compounded annual growth rate (CAGR) of 10.8 per cent over FY03-12. The consumer durables market is expected o double at 14.8 per cent CAGR to reach US 12.5 billion in FY1 5 from US$ 6.3 billion in FY10.
Tourism has an important impact on job creations and is employment intensive. It offers a direct and accessible entry point into workforce, in both urban and rural communities and particularly in developing countries. One out of every eleven jobs worldwide is directly or indirectly linked to tourism. Its global spread in industrialized, developing and developed states has produced economic and employment benefits in diverse sectors – including from construction to agriculture or telecommunications. Developing and emerging economies have a huge share in this growing sector, with 45% of all international tourists arrivals coming from developing countries, this number is expected to reach 57% by 2030.