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Agrochemicals - Lets understand what leads the growth!

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A Agrochemicals - The rising trend for the chemical sector Twitter Handle: @shuchi_nahar The Indian economy has transformed substantially, from being a ship-to-mouth economy since its independence to become one of the largest economies in the world. Agriculture continues to be a dominant element in the Indian economy. Along with major economic reforms, Government programs, such as the Green Revolution have played a critical role in transforming the country’s agriculture sector and paved the way towards economic growth of the country. Agrochemicals specifically have played an important role in preventing crop losses to pests and improving overall productivity. Proper and scientific usage of agrochemicals may lead to approximately 20–30% improvement in productivity. Currently, the usage of agrochemicals in the Indian agriculture sector is amongst the lowest in the world. India is one of the leading producers in the world. Be it food grains, horticulture crops, oilseed production...

Medical Device Sector Exponential Growth Ahead

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Medical Device Market Size, Demand and Investments by Government to boost Growth Twitter Handle: @shuchi_nahar   Indian medical devices market stood at Rs. 77,539 crore (US$ 11 billion) in 2020. The market is expected to increase at a CAGR of 35.4% from 2020 to 2025, reaching Rs. 352,450 crore (US$ 50 billion). Moreover, it is growing at a faster annual rate of 15% than 10-12% growth was seen in the Healthcare sector in its entirety. A rise in the number of hospitals and the increased requirement for healthcare facilities creates a need for sophisticated devices and equipment, which can provide accurate treatment to individuals. The Medical Equipment industry is quite wide with > 14,000 different products types, as per the Global Medical Device Nomenclature (GMDN). The products range from wound closure pads to stents and IVD machines of medical devices. Further, it can be reasonably said that Medical Electronics is an area, where Electronics and Information Communication Techn...

Biofuels! - What's driving their growth?

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What's driving the Ethanol madness?  Twitter Handle: @shuchi_nahar In terms of source, the Indian ethanol market has been categorized into sugar & molasses-based ethanol, second-generation (mixed grains) and grain-based ethanol. The energy demand in our country is rising due to an expanding economy, growing population, increasing urbanization, evolving lifestyles, and rising spending power. Based on application, the market has been segmented into industry solvent, fuel & fuel additive, beverages, disinfectant, personal care, and flavouring & fragrance. The target  of achieving 20% Ethanol blending by 2030 has been revised to be achieved by 2025. About 98% of the fuel requirement in the road transportation sector is currently met by fossil fuels and the remaining 2% by biofuels. Today, India imports 85% of its oil requirement. The Indian economy is expected to grow steadily despite temporary setbacks due to the COVID pandemic. Domestic biofuels provide a strateg...

India's Biotechnology Industry Size, Opportunities, and Investments

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  India's Biotechnology Industry Size, Opportunities, and Investments  Twitter Handle: @shuchi_nahar Link to my previous biotechnology blog: https://myweekendspot.blogspot.com/2021/05/biotechnology-way-towards-bio-based.html India’s Biotechnology Industry The Indian biotechnology industry amounted to US$ 63 billion in 2019 and is forecast to reach US$ 150 billion by 2025, with a CAGR of 16.4%. By 2025, the contribution of the Indian biotechnology industry in the global biotechnology market is expected to grow to 19% from 3% in 2017. Bio-services, which accounted for 15% of the biotechnology industry in India, is becoming a leading destination for clinical trials, contract research, and manufacturing activities in the country. • In FY20, the sector grew 15% year on year • By FY24, the contribution of the Indian biotechnology industry in the global biotechnology market is expected to grow to 19% from 3% in FY18 • India has over 4237+ biotech startups and is expected to have ...

Last straw for the economy with lots of new changes to be seen in upcoming years

Probably the last straw of distress, disturbance, down- turn , and misery of the Overall Economy..  !  SHUCHI.P.NAHAR When we consider India and track the past few years , it will show a rigorous downfall , recession all over, considering it a textile , banking, or pharma whatever the sector you choose there was no phenomenal improvement or upturn seen. Looking to today's scenarios when worse have become the worst we can say that its "Always Darkest Before the Dawn ." Right now we are in the darkest possible situation that one could have ever imagined and hopefully we will come out of this together in the most awaited dawn.. The world is changing due to Covid-19. I am not here to tell you that same story, but to look beyond the current news cycle. Which fundamental shifts are here to stay, how will they turn industries upside down, and which strategic options do you have to go on offense. Nearly 162 countries are steadily going into lock dow...