Industry Expertise
CONSUMER SERVICES
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The consumer services industry is indeed experiencing remarkable growth due to various factors such as rising income levels, growing disposable incomes, the expansion of the middle class, technological advancements, and evolving lifestyles. India is projected to become the world’s largest consumer market by 2030, with an estimated aggregate spending of $13 trillion, surpassing China and the US, as per a Deloitte report.
This growth is expected to be primarily driven by the consumer services industry within the Services sector, making it an attractive prospect for investors and entrepreneurs. The industry is poised to capitalize on the changing consumer landscape and offer new and innovative services to meet the evolving needs and preferences of consumers.
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INDUSTRIAL
& SOCIAL IMPACT
“Indian industries play a crucial role in the country’s economic development and social impact. Industrial associations in India bring together industries in specific sectors or regions to represent their interests, promote collaboration among members, enhance competitiveness, and address common challenges faced by the industry. These associations drive social impact through initiatives like skill development programs, environmental sustainability, and corporate social responsibility (CSR) activities. Many industrial associations in India have set up CSR foundations to support social development projects in education, healthcare, sanitation, and rural development.”
TECHNOLOGY &
INFORMATION
“The 21st century is marked by Information Technology (IT) being at the center of global attention, and India is considered a knowledge powerhouse. The IT industry encompasses IT services, IT-enabled services (ITES), e-commerce, software, and hardware products. IT services are essential for organizations to boost productivity, streamline operations, and thrive in a competitive world. Information Technology has not only contributed to India’s economic growth but has also enhanced governance, making government services more accessible and cost-effective. It has improved the delivery of services in areas like healthcare, education, consumer rights, and increased transparency. The IT industry is crucial for our economy’s growth and job creation. Advancements in the IT sector will help India compete globally, elevate the socio-economic status of its citizens, and align with China’s progress across various sectors.”
FMCG, FOODS
& BEVERAGE
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FMCG (Fast-Moving Consumer Goods), Food, and Beverage industries are vital sectors of the Indian economy. These sectors produce and distribute goods consumed daily by people in India and globally.
The FMCG industry in India is projected to grow at a CAGR of 10%, reaching a market size of USD 104 billion by 2025. It is a competitive sector with companies like Hindustan Unilever, Procter & Gamble, Nestle, and Colgate-Palmolive.
The Food and Beverage industry in India is also experiencing significant growth and is expected to reach USD 1.3 trillion by 2025. This sector is diverse, covering segments like dairy, bakery, confectionery, packaged food, and beverages. Major players include Coca-Cola, PepsiCo, Nestle, and Britannia.
The Indian government is implementing measures to support these industries, such as infrastructure development, subsidies, and policies to attract foreign investment. The growth of these industries in India is driven by the expanding middle class, urbanization, and evolving lifestyle preferences.”
PACKAGING,
PAPER & PULP
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Packaging is a crucial element for almost every product. It serves as an ‘eye catcher,’ helping products stand out in today’s competitive market environment. Packaging plays a vital role in communicating the product’s message to consumers and establishing the brand’s visual appeal. Marketers see product packaging as a prime opportunity to attract consumers to their products. Additionally, packaging is designed to leverage impulse shopping behavior, particularly in large supermarket chains where a significant portion of consumer purchases occur.
Apart from marketing, packaging serves functions such as conveying information, protecting the product, providing convenience, and enhancing security. Paper and paper products are commonly used materials for packaging goods.
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AUTOMOBILE &
HEAVY ENGINEERING
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“Shikshawifi” works within the Automotive & Engineering sector to meet leadership demands in areas like Passenger/Commercial Vehicles, Automotive Components, Engineering Components, etc.
Tusthi provides dedicated expertise in executive search and talent management for the Automotive sector to secure Leaders For What’s Next – professionals critical for ensuring that innovative product concepts meet current and future purchasing expectations and gain optimal access to the market.
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BANKING &
FINANCIAL SERVICES
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“In Banking & Fintech space we organise Banking Baithak, B2B meets with Banks & Prospective customers & Banking Summit at Kolkata & Mumbai. Many of the banks are our members & we create customized programmes as per their requirements.”
CONSULTING
& DIGITAL
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What are the top consulting firms in India for Digital services? The top Digital consulting firms in India list presents the country’s leading consultancy firms specialised in Digital, based on our unique database of more than 1 million data points spanning insights from clients and consultants.
Capabilities are assessed on the breadth of depth of Digital offerings, advisory and implementation expertise in Digital, the track record of consulting projects delivered in the area of Digital and the quality of thought leadership.
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 PHARMACEUTICAL &
HEALTHCARE
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“India has the most number of pharmaceutical manufacturing facilities compliant with the US Food and Drug Administration (USFDA) and 500 API producers, accounting for about 8% of the global API market. The Indian pharmaceutical sector meets over 50% of global vaccine demand, 40% of generic demand in the US, and 25% of all medicine in the UK. The domestic pharmaceutical industry comprises 3,000 drug companies and around 10,500 manufacturing units. India holds a significant position in the global pharmaceutical sector, with a substantial pool of scientists and engineers poised to propel the industry to greater heights.”