Tag Archives: Business Research & Analytics

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 [...]

28th Conference of the Parties of the UNFCCC (COP28) and its Outcomes – Review of Previous COPs and Benefits

28th Conference of the Parties of the UNFCCC (COP28) was successfully completed in the UAE on December 12, 2023, at Expo City, Dubai.  The gatherings which was organized by the United Nations Framework Convention on Climate Change (UNFCCC) was aimed to negotiate actions addressing climate change, limiting emissions, and stopping global warming. These conferences are the world's foremost decision-making body on climate issues, hosting one of the largest international meetings globally.  It marked Read more [...]

EdTech Industry – Technology Change will Bring Higher Growth for India EdTech in 2024 – 28

Educational technology, often referred to as EdTech, is the amalgamation of computer hardware, software, and educational principles applied to facilitate learning.  EdTech encompasses the practice of integrating technological tools into educational environments to enhance teaching and learning experiences. It aims to improve learning outcomes through the utilization of software, hardware, and digital resources.  EdTech companies develop technology-based solutions that aid educators in delivering 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 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 [...]

How to Secure Competitive Advantage in the Market – Enterprise Success Strategy Tips

It is important for all enterprises to secure competitive advantages in the market to succeed in their venture.  Thus, to be an active player in the market, each enterprise needs to focus on monitoring the external environment and securing competitive intelligence. The external environment refers to the factors contributing outside the control of an enterprise that can impact its success.  Analyzing and understanding the external environment is vital to identify its threats and opportunities.  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 [...]

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 [...]

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 [...]

Influence of Demonetization in Growing Digital Payment in India

The digital payment industry in India is stepping into new phase post the demonetization in Nov 2016.  With increasing mobile internet users, progressive regulatory policies the digital payment methods are rapidly increasing among all types of consumers.  Any purchase of goods or services through digital mode using internet is known as Digital Payment.  The money is transferred and received online without physical interaction of hard-cash, cheque or demand draft. The market started to see growth Read more [...]