7 sectors where India can see high growth in coming years

IT, DIGITAL INDIAIndia has around 250 million people having access to internet connection as of now.The number is supposed to double by the next 5 years. 500 million internet users by2020.

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FINANCIAL SERVICESAs of 2014, only 14% of Indian population have access to banking system. Recently, 1.5 crore bankaccounts were opened under Prime Minister Jan Dhan Yojana in a single day. By 2034, 90% of IndianPopulation is expected to have access to banking.

2

HEALTHCARELife expectancy in India has gone up to 67.3 years and 69.6 yearsfor males and female, respectively in 2011-2015. In next 20 years,it is expected to touch 80 years aggregately.

3

POWERThe total demand for electricity in Indiais expected to cross 950,000 MW by2030. Electric generation needs togrow from the current 230 GW toaround 700 GW by 2032.

4

EDUCATIONAs per 2011 census, India has a literacy rate of 74.04%. By 2020, literacy rate in India is expected to touch 80%.

5

URBANISATIONCurrently, India has an urban population of 387.764 million and this isexpected to touch 425.182 million by 2020.

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MANUFACTURINGManufacturing sector in India contribute just 16% of GDP growth. The government hasambitious plan of raising it to 25% and creating 100 million new jobs by 2025.

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