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The Indian electric battery market is mainly driven by the increase in the adoption of the electric battery in electric vehicles. The rise in the demand for fuel-efficient, high-performance, & low-emission vehicles, and stringent government rules & regulations toward vehicle emission is a major factor propelling the Indian electric battery market.
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The rising adoption of analytical applications and surging demand for energy-efficient servers in the data centers and big organizations are the major factors boosting the white box server market growth. Analytical applications require continuous operations of virtualization and physical servers in data centers, which in turn, boost their adoption.
Continue Reading >According to a survey by the India Energy Storage Alliance, the EV industry in India is expected to grow at a CAGR of 36% until 2026. Additionally, the EV battery market is expected to grow at a CAGR of 30% during the same time period. The Indian electric commercial vehicles market is mainly driven by the increasing government initiatives to achieve zero carbon emissions.
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The COVID-19 pandemic in India has increased the demand for its diagnosis in the country, which in turn, is anticipated to drive the growth of the Indian COVID-19 diagnostics market. In India, the COVID-19 cases initially peaked during April-May 2020 and in the second wave, more cases have been observed in the country that was more than the first wave.
Continue Reading >India is among the leading producer and suppliers of vaccines globally. Vaccines are chemical preparations that include immunization to a variety of diseases. They are made up of an agent that is similar to a disease-causing pathogen.
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Consumer appliance is one of the fastest-growing industries in India. It is expected to become the fifth largest in the world by 2025. The consumer appliance has various categories including air solution, entertainment, laundry and cleanliness, connectivity, water solutions, kitchen appliances, grooming accessories, wearables, and other consumer appliances.
Continue Reading >India is the second most populated country across the globe and the seventh-largest country in terms of GDP. As per International Monetary Fund, the GDP of India in 2017 was $2.8 trillion. It is the third-largest economy of Asia-Pacific after China and Japan.
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