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Growing Media and Entertainment (M&E) industry in India – Interesting Data Points of Media and Entertainment industry

The growth in the media and entertainment industry is driven by the rising consumer demand, increasing digitalization and high internet usages over the past five years. The media and entertainment industry in India is expected to reach INR 2,600 billion by 2023, from INR 1,436 billion in 2018.  The industry is expected to growth with a Compound Annual Growth Rate (CAGR) of 10.90% and the advertising revenue is projected to reach INR 1,232 billion in 2023. The government of India has supported Read more [...]

Talent Analytics & Improving Quality Of Hire – Tips to Improve the Process of Hiring

Predictive analytics for hiring, if used properly, can bolster strategy for attracting talent, contour recruitment method or process workforce needs and improve quality of hire.  So as to use predictive analytics for hiring, a company should clearly outline HR process to the HR Consultants  & what quality of hire means in terms of ·        What is expected? ·        What is an average performance? ·        What would above average look like? ·      How can performance Read more [...]

Smartphones Market– Top Sellers in India and Growing online Shipping of Smartphones

Smartphone turned out to be the most demanded electronic device now days and it turned out that owning smartphone is not just necessary but it becomes a norm.  Change in technology, and rising disposable lead to increase in spending in entertainment and the growth of smartphone segment. The brands from China have 54% share in the smartphone market in India.  The market in India is controlled by two companies, Xiaomi and Samsung controlling around 50% of market share.   In 2018 Xiaomi surpassed Read more [...]

Steel Industry – Analysis of Major Contributors of Manufacturing Output

In the year 2018, the world crude steel production reached 1808 million tons which is 7% more than that in 2017.  The finished steel production accounts for 1712 million tons in 2018 from 1587 million tons in 2017.  Details as given below;   China is the world's largest crude steel producer in 2018, followed by India, Japan, and the US.  The following figure depicts the total market share in Crude and finished steel as per the research report. India is the second-largest steel Read more [...]

Market Overview – Tourism And Hospitality Industry and Forecasted Growth of Industry.

Travel & Tourism to be one of the world’s largest sectors, supporting over 319 million jobs and generating 10.4% of global GDP in 2018, according to data from WNWTO.  The industry generates 122,891,000 jobs directly in 2018 and forecasted to grow by 2.2%.  It generates jobs related to hotels, travel, airlines and other passenger transport services.  As per Business Research the direct contribution of Travel & Tourism to global GDP in 2018 was $2,750.7bn (3.2% of GDP).  The industry Read more [...]

Importance of Chemical Industry in India and its Global Potential

Chemical Industry is a diversified sector, which covers around 80,000 commercial products.  The industry is classified into three segments such as basic chemicals, specialty chemicals, and Agrochemicals.  The chemical industry in India projected to reach $304 billion in 2025.  Total production of chemicals and petrochemicals was at 47,882,000 MT in 2017-18, 2.62% increase over 2016-17.  This industry employs more than 2million people.  The chemical industry in India is the largest consumer of Read more [...]

Importance of HR Analytics in Organization – Important Metrics in HR Analytics

Analytics is the interpretation of data patterns that aid decision-making and performance improvement.  The concept of Analytics can be widely used in Human Resource (HR) management as well.  HR analytics is a data-driven approach to managing people at work.  HR analytics, also known as people analytics, workforce analytics, or talent analytics, revolves around analyzing people's problems using data collected to answer critical questions about an organization.  The Analytics in HR involves the Read more [...]

Growing Solar Energy Generation in India and Factors Influence the Growth of Solar Energy in India

The recent trends in the growth of solar energy in India points out that the solar energy is going to be the future of energy generation in India. The solar installed capacity in India in 2018 was 26 GW reflecting a higher growth rate of 53% compared to previous year.  The industry reported generation of 17 GW of energy in the year 2017.  The National Solar Mission of Government of India has set a higher target by 2020, and the government has taken steps t to reach the target on time. The total Read more [...]

Growth of Banking Sector India – Contribution of Public Sector and Private Sector Banks in Economy

The Banking Sector in India has undergone a paradigm shift from traditional banking to digital banking over the past decades. In spite of the global economic turn down, the India’s Banks are sufficiently capitalized to resilient the macro-economic risks.  Today there are 19 Public sectors banks are there in India including State Bank of India.  In addition to that there are 49 foreign banks, 56 regional rural banks, 1,562 urban cooperative banks and 94,384 rural cooperative banks operating in Read more [...]