Sector-wise round up for the year 2017 and Arete's analysis of Union Budget 2018 .
Urban street vending is a popular channel for selling goods, from fruits, vegetables, ice creams and beverages to clothing, toys, books, household utilities and decorative items. An estimated total of 8 million urban street vendors sold goods worth nearly INR 65,000 crores in 2013. We expect the continuing rapid urbanisation of India, and increasing income / consumption levels will drive a ~8% growth in the channel, to a total size of ~INR 115,000 crores by 2020.
India’s urban population has grown at a compounded growth rate of 2.8% p.a. from 286 million in 2001 to 377 million in 2011. Nonetheless, urbanization levels in the country remain much lower compared to other developing countries like China (51%), Indonesia (51%), Brazil (85%) and South Korea (83%). Continuing population growth, combined with an increase in urbanisation levels to ~37% will drive the total urban population to ~500 million by 2021.
Pricing in healthcare is driven by a number of factors: local market dynamics, affordability and consumer behaviour. An interesting contributing factor has been the balance of power between doctors and hospitals – markets with predominantly an institutional model have seen higher pricing across hospital components resulting in better profit margins and greater private sector participation.
The 21st century has seen Indians transforming into an urban species with ever-growing demand for better lifestyles and more resources. This has resulted in largescale migration from villages to cities, and marks the beginning of a social evolution in the country. Thus far, cities have absorbed the pressure of this migration – on housing, physical and social infrastructure, urban services and governance – by growing organically and often rather haphazardly.
Housing 27% of India’s population, the country’s 8 Tier-I cities have grown rapidly over the last decade. While this growth has brought focused development, capital infusion, and migration of skilled and unskilled manpower to these hubs of opportunity, it has created immense pressure on the resources and public infrastructure. Public infrastructure and services including healthcare are operating at saturation levels.
Ganga and its tributaries form one of the most important river eco-systems in the country. The river holds not only immense religious significance but is also critical to the large and diverse ecosystem of the north Indian plains supporting c. 43% of the country’s population for its domestic, commercial, industrial and agricultural water requirement. Hence, it is very important for the country to preserve the river and its basin.
While the rural primary healthcare spend in India is estimated at over INR 80,000 crore1, the sector has seen limited interest from private sector organizations till date. The high growth witnessed by the healthcare delivery space has been predominantly driven by private investment in secondary and tertiary assets in metro/Tier I cities.