Market News

Category Archives: Business Consulting

Rising Tide of Electric and Hydrogen Fuel Cell Vehicles – Altering Market Dynamics in Automotive Industry Landscape and Market Trends

The automotive industry is undergoing significant changes, primarily due to the rising popularity of electric vehicles (EVs) and hydrogen fuel cell vehicles (FCVs). The proportion of electric cars in total sales has more than tripled in just three years, increasing from approximately 4% in 2020 to 14% in 2022. Moreover, the stock of fuel cell electric vehicles surged by 40% in 2022 compared to the previous year 2021. These vehicles hold the potential to transform transportation by offering eco-friendly Read more [...]

Indian Prop-Tech Industry Expected to Grow 12% in the Next Five Years 2023 – 27 – DART Consulting

PropTech refers to the use of technology to innovate and streamline various aspects of the real estate sector, including property buying and selling, renting, property management, construction, and more. Here is an outline of the sub-sectors or elements of PropTech. PropTech industry has undergone substantial growth and transformation in recent years. Elements of PropTech   PropTech Category Description Property Management and Operations Technologies and software to streamline Read more [...]

Indian Fintech Industry – Opportunities and Challenges – Fintech to Grow 34% in 2023 – 27 – DART Consulting

Fintech is a combined word for Finance and Technology and its application.  When technology was used to streamline and digitize traditional financial services the Fintech industry was germinated - or it can be termed as usage of technology to disrupt the financial industry and to improve customer services.  It is an integration of internet technology and speeding up the financial services of depositing checks, money transactions, paying bills and more. India's fintech industry has rapidly evolved, Read more [...]

Leather Industry and Ethiopia – Interesting facts on Ethiopia’s Leather Industry, Challenges, Opportunities, and Future Prospects

Leather has been an important industry sector of Ethiopia's economy for decades, with the country being home to some of the world's finest quality raw materials for leather production.  However, despite this advantage, the industry was largely underdeveloped and lacked modern technology and infrastructure, resulting in a significant gap between the country's potential and actual leather production.  Recognizing the potential of the sector, the Ethiopian government initiated a number of initiatives Read more [...]

Resilient Rise of Bangladesh’s Textile Industry: Strengths, Challenges, and Prospects

Textile Industry in Bangladesh is a major contributor of country’s economy has chartered its name on the global textile stage.  This dynamic sector, responsible for over 80% of Bangladesh's total exports is a subject matter of good case study. Bangladesh's garment sector serves as the go-to destination for global fashion brands seeking cost-efficient, labor-intensive garment production.  There are multiple reasons for this attraction which includes its low labor costs, duty-free access Read more [...]

Prospects of Chemicals and Petrochemicals Sector in India, 2023 – 28 – DART Consulting Forecasts Higher Growth in the Next Five Years

The chemical industry in India stands as a one of the pillars of the nation's economy.  It contributes 7% to the Gross Domestic Product (GDP). This sector has demonstrated remarkable resilience and emerges as one of the few industries that not only withstood the challenges posed by the global pandemic but also experienced substantial growth. Ranked as the 6th largest chemical producer worldwide and the 3rd largest in Asia, India's chemical industry is primed to harness upcoming opportunities and Read more [...]

Higher Growth Prospects of Fast-Moving Consumer Goods (FMCG) Industry in India 2023 – 27 – DART Consulting

Fast-Moving Consumer Goods (FMCG) sector is the fourth largest industry of the Indian economy.  Characterized by high turnover, these products are produced, distributed, marketed, and consumed within a short span of time. Detergents, toiletries, tooth cleaning products, cosmetics are the top FMCG products that dominate the market.  The FMCG sector in India also includes pharmaceuticals, consumer electronics, soft drinks packaged food products and chocolates.  Since the sector encompasses a diverse Read more [...]

Market Growth Prospects of Textiles, Apparels & Accessories in India 2023- 27- Industry is Expected to Mark Growth Rate around 11% in the Coming Years

India is known as one among the world's largest producers of Textiles and Apparel. The textiles and apparel industry in India spreads across the entire value chain from fiber, yarn, fabric to apparel. The Indian textile and apparel industry is highly diversified with wide range of segments ranging from products of traditional handloom, handicrafts, wool, and silk products to the organized textile industry in India. The organized textile industry in India is characterized by the use of capital-intensive Read more [...]

Market Growth Prospects of Banking Sector in India, 2023- 24 – DART Consulting Forecasts Higher Growth in the Next Five Years

India’s banking sector is sufficiently capitalized and well-regulated. The financial and economic conditions are comparatively better even by comparing with well developed economies. Indian banks are generally resilient and have withstood the global downturn well as can be noted by reviewing previous years records. The Indian banking industry has recently witnessed the rollout of innovative banking models like payments and small finance banks. In recent years, the Banks are increasingly focusing Read more [...]

Higher Market Growth Prospects of Automobiles & Auto Components Sector in India, 2023- 28 with Expected Growth of 6%

India has become one of Asia’s largest auto hubs and the market is to become a key player in global auto supply chains.  The auto components industry in India has exhibited impressive growth in the past decade, both in terms of production and exports.  With the ongoing growth of Indian auto industry combined with supporting government policies, the prospects of this industry are also promising.  The country’s auto industry is a mix of foreign players along with local companies which are growing Read more [...]
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