India PESTLE Insights - A Macroeconomic Outlook Report

India PESTLE Insights - A Macroeconomic Outlook Report
Summary

Financial intermediation, real estate and business activities contributed 21.7% to the gross value added (GVA) in 2022, followed by mining, manufacturing and utilities (20.5%) and agriculture (18.4%). In nominal terms, the three sectors are forecast to grow by 14.2%, 11.8% and 10.7%, respectively, in 2023.

Emerging cities such as Bangalore and Hyderabad are new drivers for economic growth, with a lower share of population compared to old metro-cities

Key Highlights

The Indian stock exchange exhibited a volatile trend over past year. As of May 23, 2023, the index stood at 18,398.6, compared to 16,214.7 on May 23, 2022.

ScopeThe infrastructure capital investment outlay in Budget 2023-24 is being raised by 33% to Rs.10 lakh crore ($122 billion), equivalent to 3.3% of GDP.Reasons to BuyMacroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operationsAlong with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.