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Chetan Oswal & Associates

  • Foundries:

    The Indian foundry industry manufacturers casting components for Auto, Tractor, Railways, Machine tools, Sanitary, Pipe Fittings, Defence, Aerospace, Earth Moving, Textile, Cement, Electrical, Power machinery, Pumps / Valves, Wind turbile generators etc.Foundry Industry has a turnover of approx. USD 19 billion with export approx. USD 3.06 billion. There are approx 5000 units in India out of which 90% can be classified as MSMEs. This industry also contribute to foreign exchange with exports of major castings for FY 2018-19 were approx USD 3.06 billions.Kolhapur and Belgaum clusters is famous for its automotive castings.

  • Gem and Jewellery:

    The gems and jewellery sector plays a significant role in the Indian economy, contributing around 7% to country’s GDP and 15% to India’s total merchandise export. It employs over 4.64 million people, which is expected to reach 8.23 million by 2022. One of the fastest growing sectors, it is extremely export oriented and labour intensive. India is deemed to be the hub of the global jewellery market because of its low costs and availability of high-skilled labour.

  • Diamonds:

    India is the world’s largest cutting and polishing centre for diamonds, with the cutting and polishing industry being well supported by Government policies. Moreover, India exports 75% of the world’s polished diamonds as per statistics from the Gem and Jewellery Export Promotion Council (GJEPC). The Government has undertaken various measures recently to promote investment and upgrade technology and skills to promote ‘Brand India’ in the international market.

  • Real Estate:

    Real estate sector is one of the most globally recognized sectors. It comprises of four sub sectors - housing, retail, hospitality, and commercial. Real estate sector in India is expected to reach US$ 1 trillion by 2030. By 2025, it will contribute 13 per cent to country’s GDP. The construction industry ranks third among the 14 major sectors in terms of direct, indirect and induced effects in all sectors of the economy. Government of India’s Housing for All initiative is expected to bring US$ 1.3 trillion investment in the housing sector by 2025.

  • Entertainment & Media Industry:

    The Media and Entertainment industry is a sunrise sector for the economy. The Indian advertising industry is projected to be the second fastest growing advertising market in Asia after China. At present, advertising revenue accounts for around 0.38% of India’s gross domestic product. By 2021, Indian media and entertainment industry will reach Rs 2.35 trillion. India ranks 15 in the world in the music industry and is expected to enter the top 10 music markets by 2022.

  • Manufacturing Industry:

    Manufacturing has emerged as one of the high growth sectors in India. Prime Minister of India, Mr Narendra Modi, launched the ‘Make in India’ program to place India on the world map as a manufacturing hub and give global recognition to the Indian economy. Government aims to create 100 million new jobs in the sector by 2022. India is an attractive hub for foreign investments in the manufacturing sector. Several mobile phone, luxury and automobile brands, among others, have set up or are looking to establish their manufacturing bases in the country. The manufacturing sector of India has the potential to reach US$ 1 trillion by 2025.

  • Telecom:

    Currently, India is the world’s second-largest telecommunications market with a subscriber base of 1.16 billion and has registered strong growth in the last decade. India ranks as the world’s second largest market in terms of total internet users. India is also the world’s second-largest telecommunications market. With daily increasing subscriber base, there have been a lot of investment and development in the sector. FDI inflow into the telecom sector during April 2000 – March 2020 totalled US$ 37.27 billion according to the data released by Department for Promotion of Industry and Internal Trade (DPIIT).

  • Hospitality and Tourism Industry:

    In India, the hospitality and tourism industry plays a significant role in generating employment and earning revenue from foreign exchange. It contributed more than 9 percent to India’s GDP and accounted for 8 percent of the country’s employment to approx. 39 million jobs. India accounts for the highest number of domestic leisure travellers in the world. Business travellers are gradually increasing in number, owing to the rapid growth of the IT sector in India and the emergence of several global companies. The government has taken several steps to make India a global hub for tourists to boost the Indian hospitality industry.

  • Healthcare Industry:

    Healthcare has become one of India’s largest sector, both in terms of revenue and employment. Healthcare comprises hospitals, medical devices, clinical trials, outsourcing, telemedicine, medical tourism, health insurance and medical equipment. The Indian healthcare sector is growing at a brisk pace due to its strengthening coverage, services and increasing expenditure by public as well private players. India's competitive advantage lies in its large pool of well-trained medical professionals. India is also cost competitive compared to its peers in Asia and Western countries. The cost of surgery in India is about one-tenth of that in the US or Western Europe. India ranks 145 among 195 countries in terms of quality and accessibility of healthcare.

  • Retail Industry:

    Indian retail industry has emerged as one of the most dynamic and fast-paced industries due to the entry of several new players. Total consumption expenditure is expected to reach nearly US$ 3,600 billion by 2020 from US$ 1,824 billion in 2017. It accounts for over 10% of the country’s gross domestic product (GDP) and around eight% of the employment. India is the world’s fifth-largest global destination in the retail space. Indian retail industry is one of the fastest growing in the world. Retail industry is expected to reach Rs 76.87 lakh crore (US$ 1.1 trillion) by 2020.

  • Textile Industry:

    India’s textiles sector is one of the oldest industries in the Indian economy, dating back to several centuries. India’s textiles industry has a capacity to produce wide variety of products suitable for different market segments, both within India and across the world. India is the world's second largest exporter of textiles and clothing. Increased penetration of organised retail, favourable demographics, and rising income level are likely to drive demand for textiles. In Union Budget 2020-21, the Government of India has allocated around Rs 3,515 crore (US$ 502.93 million) to the Ministry of Textiles and Rs 80 crore (US$ 11.45 million) for the scheme on Integrated Textile Parks

  • Automobile Industry:

    India became the fourth largest auto market in 2019 displacing Germany with about 3.99 million units sold in the passenger and commercial vehicles categories. India is expected to displace Japan as the third largest auto market by 2021. The two wheelers segment dominate the market in terms of volume owing to a growing middle class and a young population. Moreover, the growing interest of the companies in exploring the rural markets further aided the growth of the sector.

    India is also a prominent auto exporter and has strong export growth expectations for the near future. In addition, several initiatives by the Government of India and major automobile players in the Indian market is expected to make India a leader in the two-wheeler and four-wheeler market in the world by 2020.

  • Education Industry:

    India has one of the largest networks of higher education institutions in the world. India has the world’s largest population of about 500 million in the age bracket of 5–24 years, which provides a great opportunity for the education sector. The education sector in India was estimated at US$ 91.7 billion in FY18 and is expected to reach US$ 101.1 billion in FY19. Number of colleges and universities in India reached 39,931 and 993, respectively, in FY19. India had 37.4 million students enrolled in higher education in FY19. Gross Enrolment Ratio in higher education reached 26.3 per cent in FY19.

    The country has become the second largest market for E-learning after the US. The sector is expected to reach US$ 1.96 billion by 2021 with around 9.5 million users.

  • Dairy:

    India produced 186 million tonnes of milk, which was 22% of that year’s global total milk production of 843 million tonnes, according to the UN’s Food and Agriculture Organization (FAO). The milk output growth is expected to sustain in the coming years; the Niti Aayog says India will produce 300 million tonnes of milk by 2022.

    The nationwide per-capita availability of milk also rose from 225 grammes per day in 2001-02, to 375 gm/day in 2017-18, although this varies widely by region. The increased consumption of milk and milk products, which are typically rich in protein, is also associated with better incomes and nutritional access in developing countries like ours. The dairy industry is both an economic engine and a source of livelihood.