Over the progressive span of our existence, we offer services in following industry verticals:
- Information Technology (IT)
- Banking, Financial Services & Insurance (BFSI)
- Education, Retail, Hospitality, Telecom
- Information Technology Enabled Services (ITES)
- Engineering & Manufacturing
- Oil, Gas & Petrochemicals
- Pharma & Healthcare
- Real Estate
Information Technology (IT)
Information technology in India is an industry consisting of two major components: IT services and business process outsourcing (BPO). The sector has increased its contribution to India's GDP from 1.2% in 1998 to 7.5% in 2012. According to NASSCOM, the sector aggregated revenues of US$147 billion in 2015, where export revenue stood at US$99 billion and domestic at US$48 billion, growing by over 13%.
Banking, Financial Services & Insurance (BFSI)
The global BFSI Industry faced serious turmoil during the early 21st century, when a series of crisis like 'Subprime mortgage crisis' in US, and the Great Recession worldwide, that began in Q3-2008 and ended in Q1-2009, gave a huge setback, resulting in negative growth. But the industry is now coming back on track, and is gaining pace on a path of recovery.
Information Technology Enabled Services (ITES)
India's technology and BPM sector (including hardware) is likely to generate revenues of US$ 160 billion during FY16 compared to US$ 146.5 billion in FY15, implying a growth rate of 9.2 per cent
Engineering & Manufacturing
Cumulative FDI inflows in Engineering increased to US$ 28.22 billion in FY16 from US$ 8.9 billion in FY10. The government’s increasing focus on attracting foreign investors in manufacturing and infrastructure is likely to boost FDI in the sector. The Government has set an ambitious target of increasing the contribution of manufacturing output to 25 per cent of Gross Domestic Product (GDP) by 2025, from 16 per cent currently.
Oil, Gas & Petrochemicals
According to data released by the Department of Industrial Policy and Promotion (DIPP), the petroleum and natural gas sector attracted FDI worth US$ 6.67 billion between April 2000 and March 2016. Total fuel consumption is expected to grow around 5-6 per cent in FY 2016-17 and thereafter, while consumption of gasoline is expected to grow around 9-10 per cent over the medium term, supported by robust passenger vehicle sales amid low crude oil prices.
Pharma & Healthcare
The Indian pharmaceuticals market increased at a CAGR of 17.46 per cent during 2005-16 with the market increasing from US$ 6 billion in 2005 to US$ 36.7 billion in 2016 and is expected to expand at a CAGR of 15.92 per cent to US$ 55 billion by 2020.
Healthcare industry is growing at a tremendous pace owing to its strengthening coverage, services and increasing expenditure by public as well private players. During 2008-20, the market is expected to record a CAGR of 16.5 per cent. The total industry size is expected to touch US$ 160 billion by 2017 and US$ 280 billion by 2020.
In India, real estate is the second largest employer after agriculture and is slated to grow at 30 per cent over the next decade. Total FDI in the construction sector, from April 2000-March 2016 stood at US$ 24.188 billion. It is also expected that this sector will incur more non-resident Indian (NRI) investments in both the short term and the long term.
Education, Retail, Hospitality, Telecom
In FY 2015-16, the education market was worth about US$ 100 billion and is expected to reach US$ 116.4 billion in FY 2016-17. India has become the second largest market for e-learning after the US. The sector is currently pegged at US$ 2-3 billion, and is expected to touch US$ 40 billion by 2017.
India's retail market is expected to nearly double to US$ 1 trillion by 2020 from US$ 600 billion in 2015#, driven by income growth, urbanisation and attitudinal shifts. While the overall retail market is expected to grow at 12 per cent per annum, modern trade would expand twice as fast at 20 per cent per annum and traditional trade at 10 per cent.
The tourism and hospitality sector’s direct contribution to GDP in 2016, is estimated to be US$47 billion. The direct contribution of travel and tourism to GDP is expected to grow at 7.2 per cent per annum, during 2015 – 25, with the contribution expected to reach US$160.2 billion by 2026.
India is currently the second-largest telecommunication market and has the third highest number of internet users in the world. The Indian telecommunication services market is likely to grow by 10.3 per cent year-on-year to reach US$ 103.9 billion by 2020.