Denim is a vital component in the world of fashion and has emerged as a favourite among youth .It is one fabric that will never completely go out of fashion.The Indian denim industry is growing with introduction of new technologies and changing trends . The Indian denim market is a billion dollar industry and has steady growth year after year but the average denim apparels used and ownes by Indian consumer is lower in comparison to United States, Brazil ,Europe and China. With recent substantial growth in cotton production demonstrates the huge potential that exists for denim . The popularity and easy consumer acceptance has spread jeans to every corner of India.The Indian denim manufacturing capacity at present is per year 1.2 billion
Moreover, the growing preference of customers to shop online has boosted the online retail trade globally. E.g. the online retail sector in Europe is expected to reach a value of $675.8 billion, an increase of 99.1% since 2014. The Asia-Pacific market is also expected to witness strong growth in online retail sales in the next few years, driven by strong growth rates in China and India. According to industry sources, the online retail sales in China are expected to grow at a CAGR of 20% during
The domestic market in Bangladesh has potential for growth as well. This is due to rising per capita income which has recently passed the USD 1,000 mark. In addition, the economic conditions of the countries in this region is changing rapidly with increasing economic growth translating to higher per capita income and in turn, more purchasing power. This is going to pull the demand for products such as footwear upward as they move from being a necessity to a more brand and status oriented
The International Data Corporation (IDC) anticipate that India will overtake US as the 2nd largest smartphone market in the world by 2017 and to maintain high growth speed over the next few years as people shift to smartphones and moderately upgrade to 4G. In spite of only 5 % growth in mobile connections in 2015 overall expenditure on mobile services in India is believed to increase to US$ 21.41 billion in 2015 led by 15% growth in data services expenditure by research firm Gartner. The Indian telecom sector is expected to generate 4 million direct and indirect jobs over the next five years according to survey by Randstad India. The employment opportunities are expected to grow due to
However, return on investment (ROI) remains at 19.3% for 2010 and 2009 year and return on assets (ROA) has increased 0.5% from 8.4% to 8.9% respectively. The financial figure shows that the company improves performance in 2010 despite economic condition all over the globe. The biggest contributor of this success is the international market. It contributed more than $100 billion of net sales in the consolidated total. This was the first time the international stores reached the billion dollar figure.
They import as well manufacture locally to sell in the large domestic Indian market. India’s burgeoning software sector is generating huge demand for IT hardware and components in the domestic market Global electronics production was estimated at USD 2.1 trillion for 2013, which grew by 20% over the year 2012 and 5.1% year on year. Since the expansion of the markets for personal mobile terminals and automobiles will lead to greater production of electronic components, semiconductors and display devices, production by the global electronics and IT industries is expected to grow at a modest 4.9% per annum to reach USD 2.3 trillion in 2014. According to the World Semiconductor Trade Statistics, global semiconductor industry’s sales are estimated at USD 306 billion in 2013, 4.8% increase compared to 2012. Chart below depicts the segment-wise breakdown of global electronics sales.
Introduction About India cosmetic industry Indians have become more aware of image conscious, corporatization, Life style and growing income levels, this increasing consumer awareness has led to the rapid growth of Cosmetic Industry today in India. The Indian Cosmetics Industry is defined for hair care, skin care, fragrances oral care segments and color cosmetics, which stood currently estimated at $950 million, is likely to grow to $2.68 billion by 2020. In India the annual growth of the cosmetic and the beauty markets is estimated to be in the range of 15-20 per cent in the upcoming years, twice as fast as that of the European and US markets. The personal care and beauty market which is known as cosmetic Industry in India has a huge potential
By the World Bank data Lebanon has in the past year recorded a 2,5% economic growth, which is well over the expectations, and it is also the largest economic growth since 2010. And if we look at the facts, we realise that 1,1% of the Syrian refugees has risen the Lebanon’s serves export for 1,5%. If we take a look at the correlation between the manufacturer and the consumer, we can see that the refugees are consumers as well. And so with more consumers we need more manufacturing of products, which mean more job openings, for if we need more products we need more workers. Also the basic theory of economics states that competition for the workplace is welcome.
The upsurge of consumer culture in Africa presents a compelling investment case for international companies from the “fat” countries, which are progressively looking at rising emerging-market wealth to offset sluggish growth in traditional economies. South Africa was described as the most established retail market on the continent. It also has more consumer spending power, after retail sales increased by an average of 3 percent a year between 2005 and 2012. According to global consultancy McKinsey & Company, by 2030, Africa’s top 18 cities could have a combined spending power of $1.3-trillion as the consumer culture grows. In South Africa, modern retail stores account for more than 60 percent of sales, while in some countries elsewhere in Africa,
It is expected to sum another 1,50,000 jobs in the coming fiscal year according to NASSCOM. The phenomenal success of Indian IT- ITeS industry can be contributed to the favourable government policies, healthy growth of related industry and competitive environment prevalent in the industry. The interplay of these forces has led to putting the industry on the global map .The IT industry has not only transformed Indian image globally , but it has also exercised economic growth by increasing the higher education sector. The applications of IT are unmatched in current world. It has employed almost to 10 million Indians and hence, has contributing a lot to social transformation in the country.