Category Archives: Industrial Market Research

Autonomous Vehicles Explore Off roads, India tops global port projects & more news

The last week observed a few ups and downs in diverse global industries. JSB Market Research’s new ThrowbackThursday series a new weekly update for its readers. Now, get a closer view of the market every week! 

Global Semi Fully Autonomous Vehicle Market

The potentiality of semi and fully autonomous cars are being tested around the world. With this, the demand for autonomous vehicles has encouraged market development and growth. 

The last week explore the future of autonomous vehicles on to farms, construction sites, and mines. 

2018 Global Cream cheese Industry

As food industry experiments with various local and international cuisines, it boosts the demand for the cream cheese industry. The cheese process industry is taking a global shape as new international ventures join the global market. 

Global Port Construction Projects

India tops with global port construction projects. The present port construction projects valued at $39.4 Billion, countries like India, Iran, US are becoming some of the major contributors of the global port construction market

Global FPSO Industry

More than 60 planned and announced FPSOs are expected to start operations globally by 2025. It will be interesting to see how the FPSO industry will take shape shortly. 

Global Jet Fuel Oil Market

Recent research and developments are likely to explore the projects of carbon-negative jet fuel oil. This will bring about a new turn in the already growing global jet fuel oil industry.

  – Written by Gauri Ludbe 

Business Writer


Interim budget 2019 India

Throwback Thursday: Interim budget 2019 of India

Image Credit:TechGig.com 

India’s interim budget was announced last week and each sector peeks into the policies to see what’s ‘in’ for them. This is a #ThrowbackThursday to India’s Interim budget that fairly focused on the agricultural and rural sector, infrastructure, education, job creation, digital economy among others. 

Agriculture Sector: 

Despite criticism received for inadequate allocation to the agricultural sector, the new government managed to view 2.9 % annual growth rate during 2018-19. The 2019-20 interim budget encouraged women participation in the sector while it puts forward the agri-schemes. The Agri sector Rs 1,30,485 crore and fertilizer subsidy is Rs 79,996 crore for the year 2019-20 through initiatives such as PM-Kisan scheme, Pradhan Mantri Krishi Sinchai Yojana, etc. 

Finance sector: 

High-rated pooled assets of BFCs amounting to a total of one lakh crore during the financial year. Government’s new schemes are expected to boost confidence in the finance industry and help it tide over liquidity issues 

Startups: 

The budget 2019 was in talks for its pro-startups approach. Apart from the government’s TV program dedicated to startups, the governments’ budget talks a lot more than the trend. It primarily proposes to help 20 tech businesses set up resources business incubators and 20 tech business incubators by next year. The government estimates it to benefit more than 70,000 skilled startup creators. Governments’ other startup initiatives encourage Foreign Direct Investments and aim to streamline the process for business newbies. 

Healthcare:

Government plays it safe for the healthcare sector as it hikes finance allocation for the section. However, there has not been any new scheme or initiative dedicated to boosting certain crucial healthcare market segments. 

Industries: 

With a great boost to the infrastructure sector, the government plans to support industries such as cement, chemical and other sectors. Despite which, the infrastructure sector may face challenges in overcoming commercial drawbacks. The revisions done in the duties of diverse industrial sectors remained mostly positive. 

Government plans to boost commercial development of India through technological advancements, export competitiveness in various industries. It will be interesting to see how the year turns out to be for the Indian economy ahead of execution. 

  – Written by Gauri Ludbe 

Business Writer