Thursday, 24 March 2016

3 Industries to invest in (India)


Image courtesy of Salvatore Vuono at FreeDigitalPhotos.net

Hello readers, I hope you are good so today I decided to take a look at India as it is one of the fastest growing economies in the world.

Agricultural Industry

This industry contributes 17% to the GDP of the economy. The country is the largest producer of fruits and milk in the world. Which suggests that the country is well patronised when it comes to agricultural products, as such, an investment in the industry will be profitable. It is largest employer in India.

Automobile Industry

This industry also contributes to the development of the economy. It accounts for 7.1% of the GDP of the economy. It is one of the largest industries in the world. They produced over 23 million  vehicles in 2015. An investment in the industry  will be a lucrative one.

Real Estate Industry

A lot of individuals are moving to the Indian cities annually, as such the demand of houses is meant over time. More than 30% of the people living in India are between the ages of 15 to 35. It can be said that it will also lead to an increase in the demand for houses over the years. They are the second largest employer in India. An investment in the industry will also be profitable.

Keep checking my blog regularly, Cheers!

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