India has observed a spike in demand for the refrigerator in the last few years. The refrigerator industry in India is most widely dispersing among home appliances. According to the Bureau of Energy Efficiency that is established to monitor the energy conservation act in India had laid down certain conditions for every refrigerator by awarding an energy efficiency star rating.
India maintained its tag of ‘one of the fastest growing consumer markets’ across the globe, turning from an unorganized informal economy to an organized retail market in major Indian cities and tier-II towns in the country. The personal care industry of India is one of the fastest growing consumer products sectors in the country with a strong potential growth for the US-based companies.
The BFSI sector of India is historically regarded as one of the most stable systems across the globe, even with global upheavals, as quoted by the Invest India. The Government of India is continuously striving in the promotion of financial annexation in the banking sector through initiatives that are targeted primarily to bring the India’s underbanked population under the banking array.