Fox&Angel

India's economy has been on a remarkable growth trajectory, and experts project even greater achievements in the near future. Standard Chartered's India research team predicts that India's economy will soar to an impressive $6 trillion by 2030. This transformative growth is driven by factors such as rising per capita income and robust structural growth drivers. Consequently, India is poised to become the world's third-largest economy, solidifying its status as a major global player. This blog delves into the driving forces behind India's economic progress while shedding light on the enticing investment opportunities that arise from this promising outlook. A standout achievement in India's economic journey is the anticipated doubling of per capita income by 2030. As the economy expands and income disparities narrow, a larger segment of the population will experience an improved standard of living, creating a more prosperous and equitable society. At present, Ind...

As the world's economies continue to evolve and expand, the spotlight is increasingly shifting towards emerging markets that offer tremendous growth potential. One such market that has captured the attention of global businesses is India, which has swiftly emerged as a prime destination for investment opportunities, particularly in the advertising sector. Mindshare Global, a leading advertising agency, is bullish about India's prospects and is strategically positioning itself to leverage the country's incredible growth potential. In this blog, we will delve into the reasons behind Mindshare Global's optimism and explore the investment opportunities that India's advertising market presents. India: The Rising Star of Advertising In recent conversations with the media, Mindshare Global CEO , Adam Gerhart, expressed his confidence in India becoming the agency's second or third largest market in the near future. Comparing India's projected growth to that of other...

India's Booming Technical Textiles Sector The Indian technical textiles industry is experiencing an unprecedented surge in growth, presenting lucrative investment opportunities in India for both domestic and international investors. According to the esteemed textiles secretary Rachna Shah, the sector is poised to reach an astounding $50 billion within the next five years, a remarkable leap from its current value of $22 billion. This surge in demand and expansion is a result of the country's unwavering commitment to research and development, focus on skilling, and collaboration with various governmental bodies to enhance the technical textiles landscape. During a recent event jointly organised by FICCI, BIS, and the Ministry of Textiles, Secretary Rachna Shah highlighted the significant progress witnessed by the technical textiles segment both in India and on the global stage. Currently, the global technical textiles market stands at approximately $260 billion, and it is proje...

On a rainy July evening in Mumbai's bustling central business district, HSBC Holdings Pic made an exciting announcement to a gathering of about 100 affluent Indians – it is making a grand comeback to the world of private banking in India after an eight-year hiatus. Over dinner, elegantly served by the renowned chef of Odette, a three-Michelin-star restaurant in Singapore, HSBC's distinguished clients from Hong Kong and Dubai mingled with the bank's local customers, setting the stage for a compelling narrative of ambition and renewed opportunities. Nuno Matos, HSBC's global head of wealth and personal banking, conveyed the enthusiasm of the financial giant towards the South Asia and Southeast Asia region. In an interview in Mumbai, Matos emphasized that this region has emerged as the rising star of global wealth. Of particular significance is India, which HSBC considers critical for its leadership push in the wealth management domain within Asia. The firm's decision ...

In a remarkable turn of events, Tesla, the pioneering electric vehicle manufacturer led by visionary entrepreneur Elon Musk , is engaging in discussions with the Indian government regarding an ambitious investment proposal. The proposal centers around setting up a state-of-the-art factory with an annual capacity to produce approximately half a million electric vehicles. This development could potentially revolutionize India's electric vehicle landscape and significantly impact the broader Indo-Pacific region. With the Indian government keen on attracting more investments in the electric vehicle sector and Tesla eyeing India as an export base, this collaboration presents an exciting opportunity for sustainable mobility.  The journey toward Tesla's investment in India has not been without its challenges. Last year, Tesla's entry into the Indian marke t faced hurdles as the government refused to lower import taxes on the company's electric vehicles. India's import tax...

India's remarkable rise as Apple's fifth-largest iPhone market in the second quarter of this year has marked a significant milestone for the tech giant. With a growth rate of 50% year-on-year, India contributed close to 4% of all iPhone sales during this period. Apple's intensified focus on retail expansion and manufacturing in the country has paved the way for its success. Let's explore how Apple's investment in India's thriving economy has propelled its growth trajectory. India, as the world's fifth-largest economy, offers immense market potential for Apple. With a population exceeding 1.3 billion, the country presents a substantial consumer base for the company to tap into. Furthermore, India's smartphone market has witnessed a significant transformation, particularly in the premium segment. The demand for smartphones priced above $400 has surged to 10% of total volumes, up from 4% before the Covid-19 pandemic, according to Counterpoint Research. Th...

In a remarkable turn of events, Tesla, the pioneering electric vehicle manufacturer led by visionary entrepreneur Elon Musk, is engaging in discussions with the Indian government regarding an ambitious investment proposal. The proposal centres around setting up a state-of-the-art factory with an annual capacity to produce approximately half a million electric vehicles. This development could potentially revolutionise India's electric vehicle landscape and significantly impact the broader Indo-Pacific region. With the Indian government keen on attracting more investments in the electric vehicle sector and Tesla eyeing India as an export base, this collaboration presents an exciting opportunity for sustainable mobility. The journey towards Tesla's investment in India has not been without its challenges. Last year, Tesla's entry into the Indian market faced hurdles as the government refused to lower import taxes on the company's electric vehicles. India's import taxes ...

The Indian paints and coatings industry is poised for remarkable growth in the coming years, presenting lucrative investment opportunities in India for businesses and entrepreneurs. According to Akzo Nobel India, a leading player in the segment, the industry's size is estimated to reach Rs 1 lakh crore in the next five years, a significant increase from the present Rs 62,000 crore. This growth projection is driven by various factors, including the softening of raw material prices, increased competition, and robust demand from both the architectural and industrial segments. In this blog, we will explore the investment prospects within India's vibrant paints and coatings industry, highlighting the potential for substantial returns and long-term success. Softening of Raw Material Prices:  The paints and coatings industry witnessed a favorable trend in FY23 as raw material prices softened from their previous highs. With raw materials accounting for approximately 55-60% of input cos...

The Indian pharmaceutical industry is witnessing substantial growth and presents attractive investment opportunities in India. According to a recent report by CareEdge Ratings, the industry is projected to grow at a compound annual growth rate (CAGR) of 6-8% during the period of FY18 to FY23. It is expected to continue its upward trajectory, with a growth rate of 7-8% from FY24 to FY25, reaching an estimated market size of $57 billion by FY25. This blog explores the investment potential and key factors driving the growth of the Indian pharmaceutical sector. The Indian pharmaceutical industry has displayed remarkable expansion, with its market size increasing from $35.41 billion in FY18 to $49.78 billion in FY23. This growth has been propelled by both the domestic market and pharmaceutical exports. The industry's strong footprint in the generics segment has positioned India as a global player. Moreover, the rising prevalence of chronic diseases, an aging population, increased health...

The global industrial gases company, Linde, is setting its sights on India as a crucial growth market. With plans to invest $1 billion in expanding its operations in the country over the next three to five years, Linde aims to capitalise on both traditional and emerging sectors. In a recent statement, CEO Sanjiv Lamba expressed his optimism for India's potential and the company's commitment to making substantial investments globally, totaling $50 billion over the next decade. Despite India's vibrant economy, the country currently represents only 3% of Linde's global business. However, the company's interim vision is of achieving a 5% share in the Indian gases business within the next five years. To accomplish this goal, Linde plans to allocate a significant portion of its billion-dollar investment to its project engineering group, leveraging their technical capabilities and competitive advantage. One crucial factor driving Linde's confidence in India's growt...