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.

Scope

• The 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 Buy

• Macroeconomic 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 operations
• Along 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.