At a glance<\/strong><\/p>\n\n\n\nBy 2022, it is projected that\nIndian healthtech sector will stand at an evaluation of \u20b98.6 trillion. <\/p>\n\n\n\n
Rising awareness of a healthy lifestyle across the country has also led to an increase in the number of healthtech start-ups. A 2018 report puts the number of healthtech start-ups in the country close to 5000. These have collectively raised more than 500 million USD worth revenue and are on the frontline of providing the nation access to primary healthcare services. <\/p>\n\n\n\n
Contribution to AatmaNirbhar India<\/strong><\/p>\n\n\n\nHaving said this, it’s no\ndoubt that Covid-19 pandemic has revealed some chunks in the armour of Indian\nhealthtech. With the AatmaNirbhar Initiative, healthtechstartups should aim to\ncover these chunks by making modern day healthcare affordable and accessible to\nall. <\/p>\n\n\n\n
Under AatmaNirbhar India\nmission, healthtechstartups should focus on building proper infrastructure,\nadequate training of healthcare professionals and timely deliverance of primary\nhealthcare services. <\/p>\n\n\n\n
\n<\/span>Industrial Machinery<\/span><\/h3><\/li>\n<\/ul>\n\n\n\nAt a glance <\/strong><\/p>\n\n\n\nGrowth in manufacturing\nsector depends on machinery employed to produce a said good. Indian industrial\nmachinery sector has been working on the make in India model and has a huge\nimpact on the MSME industry. This sector currently attracts heavy investments\non domestic as well as international level with the total investments amounting\nto more than \u20b928 lakh crore for the first half of\n2019-2020 <\/p>\n\n\n\n
Contribution to AatmaNirbhar India<\/strong><\/p>\n\n\n\nThe reason that\nindustrial machinery is one of the fastest growing sectors is because it builds\non the fourth pillar of AatmaNirbhar Bharat: Vibrant Demography.<\/p>\n\n\n\n
Indian\nmanufacturing sector employs a large share of the young population and through\nthis it can aim to increase its growth rate in the years to come. This coupled\nwith indigenously developed industrial machines will ensure that India becomes\nself reliant and a global manufacturing power. <\/p>\n\n\n\n
\n<\/span>Agro Chemicals<\/span><\/h3><\/li>\n<\/ul>\n\n\n\nAt a glance<\/strong><\/p>\n\n\n\nIndia being an\nagrarian society and advent of the green revolution in the 1970s has made\nagriculture sector one of the largest contributors to India\u2019s GDP. A part of\nthis sector is Agro Chemicals in which the nation continues to obtain rich\ndividends. In a period from 1975-2014, it is estimated that evaluation of\nAgriculture sector grew from USD 25 billion to more than USD 360 billion.<\/p>\n\n\n\n
The growth of\nAgro Chemicals was also supplemented. India currently ranks as the 4th largest\nproducer of pesticides behind USA, Japan and China <\/p>\n\n\n\n
Contribution to AatmaNirbhar India<\/strong><\/p>\n\n\n\nUnder the\nAatmaNirbhar India initiative, India can look to enhance its growing industries\nrelated to Agro Chemicals. This can be done by making use of the US-China trade\nwar and emerging as the better option for export of AgroChemicals. <\/p>\n\n\n\n
Indian agro chemical industry is privy to\nAatmaNirbhar India movement as development of ecologically sensitive and cost-effective\nchemicals is the current need of agriculture market. <\/p>\n\n\n\n
By achieving this, Indian agro chemical sector can\nnot only become the global source of crop protection chemicals but also promote\nsustainable farming in our country too. <\/p>\n\n\n\n
Indian agro chemical sector has already taken\nconcrete steps in this direction such as satellite mapping of fields and use of\ndrones to spray correct dose of pesticides on the crop, etc. <\/p>\n\n\n\n
\n<\/span>Transport Services<\/span><\/h3><\/li>\n<\/ul>\n\n\n\nAt a glance<\/strong><\/p>\n\n\n\nTransport\nsector in India includes roadways, rail network, air transportation and\nwaterways. In a 2019 estimate, the government projected that Indian transport\nsector would grow at a compound annual growth rate (CAGR) of around 6%. <\/p>\n\n\n\n
Contribution to AatmaNirbhar India<\/strong><\/p>\n\n\n\nUnder the\nAatmaNirbhar India movement, the transport service sector is all set to include\nnovel modes of transportation which includes electric cars and other electric\nvehicles. For growing industries and business under MSME, this is welcome news\nas they can plan to cut costs spent on fuel and maintenance of traditional\nmodes of transport.<\/p>\n\n\n\n
With one of the\nlargest railway and air transportation networks in the world, Indian transport\nindustry presents bright investment opportunities. Our country\u2019s vast coastline\nis also a major factor why transport service is one of the prominent industries\nbacking AatmaNirbhar India as well as growth of service sector.<\/p>\n\n\n\n
\n<\/span>Gaming<\/span><\/h3><\/li>\n<\/ul>\n\n\n\n
At a glance<\/strong><\/p>\n\n\n\nIn this\nlockdown period, gaming has come to occupy a substantial part of many of our\nlives and has emerged as a prominent recreational activity.<\/p>\n\n\n\n
The Gaming\nindustry which has a strong presence in the US and Japanese market, is making\nits presence felt in the Indian subcontinent region. <\/p>\n\n\n\n
So much that in\nIndia alone, the gaming industry is expected to explode and rake in revenues\naround \u20b9120 billion by 2023.<\/p>\n\n\n\n
Contribution to AatmaNirbhar India<\/strong><\/p>\n\n\n\nIndian E-Sports\ncompanies have started capitalising on this ever-increasing demand for secure\nonline games. Indian Gaming industry is targeting the release of enhanced\nvirtual reality games and cloud-based games. Fantasy cricket team building\ngames are already popular and the next step is to create an OTT style gaming\nplatform for Indian audiences, including games such as rummy and poker. <\/p>\n\n\n\n
With a huge\nproportion of young population, India can look to place itself among the\nestablished proponents of the gaming industry in the coming years. This can be\na huge boost to AatmaNirbhar India mission. <\/p>\n\n\n\n
\n<\/span>Coveralls such as Masks and Ventilators<\/span><\/h3><\/li>\n<\/ul>\n\n\n\n
At a glance <\/strong><\/p>\n\n\n\nBefore the\ncoronavirus pandemic, there was a limited production of masks and PPE kits. But\na May 2020 report by the government puts the current valuation of the personal\nprotective equipment industry in the country at \u20b97000 crore, making it one of\nthe fastest growing sectors. <\/p>\n\n\n\n
Contribution to AatmaNirbhar India<\/strong><\/p>\n\n\n\nTaking\ninspiration from the Make in India Initiative, India is currently manufacturing\nenough PPE kits to protect and enable its frontline health workers. The country\nis also targeting development of ventilators indigenously and a healthy number\nof them have been employed in hospitals across the country.<\/p>\n\n\n\n
Recently, masks\nand hand sanitisers have been removed from the essential commodities list\nciting enough supply; allowing exports and boosting the revenue. Hence in a\nshort period of time, this newly formed industry has become a robust pillar of\nAatmaNirbhar India. <\/p>\n\n\n\n
\n<\/span>Electronics<\/span><\/h3><\/li>\n<\/ul>\n\n\n\n
At a glance <\/strong><\/p>\n\n\n\nWith the\ngrowing national resentment against Chinese goods, Indian Electronic industry\nhas struck gold. In a recent estimate, it was projected that by 2025, India\nwill have the 5th largest consumer electronics and appliances industry in the\nworld. The growth of information technology has further supplemented expansion\nof this sector which contributes 2.5% of India\u2019s GDP. <\/p>\n\n\n\n
Contribution to AatmaNirbhar India<\/strong><\/p>\n\n\n\nSchemes such as\nDigital India have led to a digital revolution across the country and has\nenabled Fintech and HealthTech industries as well. And the recent ban on Chinese\napps has ensured that the Indian middle-class buyer places its trust back in\nIndia manufactured electronics.<\/p>\n\n\n\n
It is projected\nthat in the coming years, Indian electronic industry will pull in around 1\ntrillion USD in revenues, making it a strong pillar of AatmaNirbhar India\nmovement.<\/p>\n\n\n\n
AatmaNirbhar India: The Road Ahead<\/strong><\/h4>\n\n\n\nIn his\nstatement, honorable minister of Commerce, Shri Piyush Goyal mentioned that \u201cA\nself reliant India will ensure production of quality products on a large scale,\nfulfil India\u2019s requirements and boost export of surplus production\u201d. He also\nadded that \u201c…self reliant India does not mean we are getting isolated from\nthe world\u201d\n\nThese 10 industries mentioned above are the ones in\nwhich India can utilize its potential in the best manner to place itself as a\nglobal industrial hub. Through AatmaNirbhar India mission, we prefer our\nindigenous goods over others and truly go vocal for local.\n\n\n\n<\/p>\n","protected":false},"excerpt":{"rendered":"
Some time back the honorable Prime Minister of India, Narendra Modi called upon the need for AatmaNirbhar Bharat meaning a nation that is self-reliant. On 12th May 2020, Modi mentioned his call to action for the first time while addressing the nation on the ongoing coronavirus pandemic. \u201cThe country needs an economy that brings quantum […]<\/p>\n","protected":false},"author":69,"featured_media":18103,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[619,7684],"tags":[7954,7960,7959,7955,7958,7957,7956],"acf":[],"yoast_head":"\n
10 Growing Industries Which Can Form Pillars of AatmaNirbhar India<\/title>\n<meta name=\"description\" content=\"Read about the 10 growing industries which will be instrumental in realizing the dreams of AatmaNirbhar India. Let's check them out.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.techjockey.com\/blog\/wp-json\/wp\/v2\/posts\/18102\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"10 Growing Industries Which Can Form the Pillars of AatmaNirbhar India\" \/>\n<meta property=\"og:description\" content=\"Read about the 10 growing industries which will be instrumental in realizing the dreams of AatmaNirbhar India. 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![\"Self-reliant](\"https:\/\/www.techjockey.com\/blog\/wp-content\/uploads\/2020\/07\/organic-Farming.png\")
<\/figure><\/div>\n\n\n![\"MSME](\"https:\/\/www.techjockey.com\/blog\/wp-content\/uploads\/2020\/07\/EdTech.png\")
<\/figure><\/div>\n\n\n![\"Growth](\"https:\/\/www.techjockey.com\/blog\/wp-content\/uploads\/2020\/07\/fintech.png\")
<\/figure><\/div>\n\n\n![\"Fastest](\"https:\/\/www.techjockey.com\/blog\/wp-content\/uploads\/2020\/07\/Health-Tech.png\")
<\/figure><\/div>\n\n\n![\"Business](\"https:\/\/www.techjockey.com\/blog\/wp-content\/uploads\/2020\/07\/gaming.png\")
<\/figure><\/div>\n\n\n![\"Growth](\"https:\/\/www.techjockey.com\/blog\/wp-content\/uploads\/2020\/07\/mask.png\")
<\/figure><\/div>\n\n\n![\"Growth](\"https:\/\/www.techjockey.com\/blog\/wp-content\/uploads\/2020\/07\/Electronics.png\")
<\/figure><\/div>\n\n\n