India is pioneered in more sectors like
1. Pharma industry
India is the largest provider of generic drugs globally with the Indian generics accounting for 20 per cent of global exports in terms of volume.The country also has a large pool of scientists and engineers who have the potential to steer the industry ahead to an even higher level. Presently over 80 per cent of the antiretroviral drugs used globally to combat AIDS (Acquired Immuno Deficiency Syndrome) are supplied by Indian pharmaceutical firms.ndian companies received 55 Abbreviated New Drug Application (ANDA) approvals and 16 tentative approvals from the US Food and Drug Administration (USFDA) in Q1 of 2017. The USFDA approvals are expected to cross 700 ANDA in 2017, thereby recording a year-on-year growth of 17 per cent. The country accounts for around 30 per cent (by volume) and about 10 per cent (value) in the US$ 70-80 billion US generics market.
2. Diamond Industry
India is the largest player in diamond cutting and polishing and also the largest consumer of gold. India exports 75 per cent of the world’s polished diamonds, as per statistics from the Gems and Jewellery Export promotion Council (GJEPC).UAE, US, Russia, Singapore, Hong Kong, Latin America and China are the biggest importers of Indian jewellery.
3. Medical tourism
India is experiencing 22-25 per cent growth in medical tourism and the industry is expected to double its size from present (April 2017) US$ 3 billion to US$ 6 billion by 2018.
Medical tourist arrivals in India increased more than 50 per cent to 200,000 patients in 2016 from 130,000 in 2015.India’s healthcare industry is one of the fastest growing sectors and in the coming 10 years it is expected to reach $275 billion
4. Automobile Industry- Now become 5th largest in the world overtaking recently Korea.Though China is the largest automobile production country but India is the largest automobile export than China.
5. Steel Industry- From 3rd to 2nd largest in the world about to overtake/overtaken Japan
6. Oil Refinery- World largest oil refeinery not in Saudi,US or China but in India
7. Metro rail construction in cities- 2nd largest in the world after China
8. Cement,Coal- India is the 2nd largest producer in the world after China
9. Electricity production- 3rd largest in the world
10. Science and technology-
India ranks second in terms of contribution to high-quality scientific research. ^ It is among the world’s top 10 nations in the number of scientific publications. Position-wise, it is ranked 17th in the number of citations received and 34th in the number of citations per paper across the field of science and technology (among nations publishing 50,000 or more papers).
The country is ranked ninth globally in the number of scientific publications and 12th in the number of patents filed.
India has been ranked as the top exporter of information and communication technology (ICT) services and second in innovation quality in 2017.India has a total of 25 innovation centres in the country and has been ranked as the top innovation destination in Asia and
second in the world for new innovation centres, according to a Capgemini report. The country accounts for 27 per cent of Asia’s new innovation centres.
11. Film industry- As the 2nd largest film industry in the world with largest film cities even in Dubai
12. Social media like Facebook & Whatsapp- India is the largest users of both platform overtaking US recently
13. Aviation industry- Delhi international airport is the world fastest growing airport and about to be with in 5 largest passenger carrying airports in the world with in 5 years.
14. Road and Rail network- India is the 2nd largest road network(Paved and unpaved) in the world and 3rd largest rail network
15. Stock market cap- Mumbai combined total market caps comes more than 3.35 trillion dollars
16. Forex reserves- India is one of the largest forex reserves now standing 411 billion dollars
17. Foreign remittance- India is the largest foreign remittance in the world
18. Agriculture/dairy products- India has been the world's largest producer of milk for the last two decades and contributes
19 per cent of the world's total milk production.
India is emerging as the
export hub of instant coffee which has led to exports of coffee reaching 177,805 tonnes valued
India topped the list of shrimp exporters globally, as the value-added shrimp
exports rose 130 per cent year-on-year to 23,400 tonnes in 2016.
India is the
second largest fruit producer in the world
So in conclusion literally India is expanding leaps and bounds in all sectors.......
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