Why India

Why India?

Set to enter a multi-year growth cycle

India GDP Growth Trajectory ($ Tn)

  • A Visible Snapshot 2023
  • Why India? Improving Macros
  • Push For Manufacturing - PLI Scheme
  • Biggest Change In India
  • India's Manufacturing: At an Inflection Point

A Visible Snapshot 2023

Population 144 crores
Aadhar Card Holders 136 crores
Internet Users 120 crores
Mobile Subscribers 114 crores
Total Enrolled Voters 95 crores
E-commerce Users 80 crores
Smartphone Users 65 crores
OTT Subscribers 50 crores
Social Media Users 40 crores
UPI Users 30 crores
Food Delivery platform Users 28 crores
BHIM Payment Users 20 crores
Urban/ Rural Population (%) 37/36
Digital Learning Users 9.3 crores
E-Sanjeevani Healthcare Users 9.2 crores
Health Insurance Users 51.4 crores
Stock Fund Investors 8 crores
Mutual Fund Investors 3.5 crores

SOURCE - RBI REPORT/ MONEYCONTROL OPEN GOVERNMENT DATA (OGD) PLATFORM INDIA

Why India? Improving Macros

Push For Manufacturing - Pli Scheme

Biggest Change In India

(INR Cr) Gross Tax Revenue Direct Taxes (INR Cr) Indirect Taxes (INR Cr) Fiscal Deficit (INR Cr) FD/GDP
FY15 1,243,799 694,658 549,141 510,817 4.1
FY16 1,454,568 740,865 713,703 532,791 3.9
FY17 1,715,637 849,528 866,109 535,618 3.6
FY18 1,918,946 1,001,974 916,972 591,062 3.5
FY19 2,080,456 1,136,575 943,851 649,458 3.4
FY20 2,010,042 1,049,530 960,512 933,668 4.6
FY21 2,021,281 944,874 1,082,227 1,818,290 9.2
FY22 2,709,302 1,408,280 1,301,022 1,584,521 6.7
FY23(RE) 3,035,067 1,650,000 1,384,000 1,755,319 6.4
FY24(BE) 3,360,858 1,823,250 1,537,608 1,786,816 5.9

India's Manufacturing: At An Inflection Point

India's manufacturing boom to reach $1 trillion in the next 5 years from almost $500Bn today is poised to hit an all-time high in the medium term ! - Economic times

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