'SG Mart issued a presentation that addresses the challenges of entire Indian economy with markets such as trading, MSME, B2B, etc.
The Indian economy is marching towards the US $10 trillion mark. India is set to add $1 trillion to its GDP every 18 months over the next six years. Strong manufacturing growth, export potential and supportive government policies to be key drivers.
India's industry sector is expected to take 30% to 32% share in the GDP by 2035. This would open up a $3 trillion opportunity, driven by manufacturing. MSMEs to play a crucial role in achieving a $10 trillion economy by 2032.
India’s steel production is expected to increase rapidly as the nation aims to become self sufficient. MSMEs contribute 29% to 32% of India's GDP while they are expected to contribute about 50% to India’s GDP by 2030. There’s a critical need to have large trading hubs to service the burgeoning MSME segment.
The Indian B2B Market is $2 trillion, growing 8.5%YoY. Ho...
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