Trend of Population vis-à-vis Dependency Ratio
The age dependency ratio in India has been declining over the past few decades, from 76.6% in 1981 to 48.1% in 2021.
Data about important topics based on our proprietary research and over 1000 third party sources.
The age dependency ratio in India has been declining over the past few decades, from 76.6% in 1981 to 48.1% in 2021.
E-commerce currently accounts for around 5% of the saree industry, but this share is expected to increase in the coming years as more consumers shop online.
Ethnic wear contributed to 30% of total apparel market in fiscal 2023
Saree industry in India is expected to grow at a 5-6% CAGR over fiscal 2023 to fiscal 2028 reaching Rs 625-650 billion by fiscal 2028.
Over 70% of the customers have Amazon prime membership.
The growth is being driven by several factors, including the rise of the middle class, increasing disposable income, and the growing preference for organized retail formats.
The latest round of the survey was conducted during May 2-11, 2023, covering 6,089 respondents. Female respondents accounted for 52.3 per cent of this sample.
With a gain of 35%, Jordan Brand is now by far Nike's fastest-growing division.
Nykaa's annual transactional customers in the beauty and personal care category increased by 24% in FY23.
One of the key factors contributing to Zomato's increased market share is its aggressive expansion strategy.
For Zomato average monthly transacting users also fell from 17.4 million to 16.6 million in Q4 FY2023.
Gross order value is declining in the Indian food delivery sector
After crossing the landmark of 1 billion mobile connections in 2015, the Indian market is near is peaking around 1.143 billion connections as of March 2023.
Top three provides capture 90.7% of the mobile market
The total broadband subscribers increased from 839.33 million at the end of February-23 to 846.57 million at the end of March-23 with a monthly growth rate of 0.86% in India.