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India's wedding industry has a size of $75 billion, second largest after China. It is the fourth largest industry in India. [331] The wedding industry saw significant growth in 2023 as weddings became larger and more extravagant post the pandemic blues. Average guest size grew by nearly 15%, from 270 guests in 2022 to 310 in 2023.
The automotive industry in India is the world's fourth-largest by production and valuation as per 2022 statistics. [ 1 ] [ 2 ] [ 3 ] As of 2023, India is the 3rd largest automobile market in the world in terms of sales.
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The industry was born in Mumbai in 1967 with the establishment of Tata Consultancy Services [11] who in 1977 partnered with Burroughs which began India's export of IT services. [12] The first software export zone, SEEPZ – the precursor to the modern-day IT park – was established in Mumbai in 1973.
The industry produces over 60,000 generic drugs in different 60 therapeutic categories. [8] India's revenue from pharmaceutical exports was $25.3 billion in the 2022-2023 financial year. [7] In terms of the global market, India currently holds an accountable share and is known as the pharmacy of the world. [9]
The chemical industry of India is a major industry in the Indian economy and as of 2022, contributes 7% of the country's Gross Domestic Product . [1] India is the world's sixth largest producer of chemicals and the third largest in Asia, as of 2022. [2] The value of the Indian chemical industry was estimated at $100 billion dollars in 2019. [3]
Worldwide employment In agriculture, forestry and fishing in 2021. India has one of the highest number of people employed in these sectors. As per the 2014 FAO world agriculture statistics India is the world's largest producer of many fresh fruits like banana, mango, guava, papaya, lemon and vegetables like chickpea, okra and milk, major spices like chili pepper, ginger, fibrous crops such as ...