10 sectors of the Indian industry to do well in Current Global Recession

As each sector of activity is influenced by this world crisis and all we talk of a slowdown in business, even in India there are few sectors that grow in this adverse situation. Let's take a look.

1. Food
No one can survive without food base material such as milk, vegetables and drinking water. Food processing companies will not be affected much and a bit 'will earn profits by raising prices. These are the basic needs that we, as a common man can not produce ourselves.

According to MFPI, the food industry in India was seeing growth even if the world was facing economic recession. The minister said the sector is currently growing at 14 per cent against 6-7 per cent growth in 2003 04.The Indian food market is estimated at over U.S. $ 182 billion, representing about two thirds of total sales to Indian retail market. Moreover, the food retail sector in India is expected to grow from about $ 70 billion in 2008 to $ 150 billion by 2025

2. Railroad
As the air transport sector has been affect much badly and resulting in strong growth of air travel would lead to large frequent travelers prefer railways to cut the cost of travel and this will result in increased traffic in railways and long queues at counters reservation stations. The freight traffic of Indian Railways has continued to grow in recent months, albeit at a slow pace, indicating only a marginal impact of global recession on the economy of India.

The Railways registered 13.87% growth in revenue to Rs 57,863.90 crore in the first nine months ended December 31, 2008. While total earnings of goods increased by 14.53% to Rs 39,085.22 crore during the period, passenger revenue earnings were up 11.81% to Rs 16,242.44 crore. The Railways have enhanced freight revenue by increasing its axle loading, improving customer services and adopting an innovative pricing strategy.

3. PSU Banks
As seen in the private sector most of the job cuts due to global slowdown, its the PSU sector Banks which gained much confidence due to safety and security. More and more people are likely to turn towards government institutions, especially banks in search of safety.

In "Opportunities in Indian Banking" report, by market research company, RNCOS, forecasts that the Indian banking sector will grow at a healthy compound annual growth rate (CAGR) of approximately 23.3 per cent up to , 2011.

4. Education
As education is considered as the basic needs and India is seen as a long-term investment by parents and regarding the question still exists a huge supply gap. The craze to study at a foreign university among the Indian youth still alive, that will require foreign institute education to target India provided vast young population willing to participate. We will see more and more foreign schools to come to India in recent years.

Huge government as well as private investment is likely to flow into the Indian education system. DE Shaw, a U.S. $ 36 billion, a global private equity firm is expected to invest about $ 200 million in Indian education.

5. Telecom
People will not stop to talk to each other because of the global crisis and has not seen that increase much particularly with mobile communication. With the cheapest mobile phones available in the Indian market and cheaper call rates, the sector has become the necessity and primary need of everyday life.

Telecommunications sector, according to industry estimates, year 2008 started with a subscriber base of 228 million and probably end up with a subscriber base of 332 million - a full century! The Telecom industry expects to add at least another 90 million subscribers in 2009 despite the recession. The telecommunications sector in India is one of the fastest growing in the world and India is set to become the second largest telecom market globally by 2010.

6. IT
Recent news shown that Indian IT industry will grow by 30-40% next year. And the other side to survive a slowdown, industries have to decrease the cost and why they resort to customized IT solutions that will further boost the demand for software solutions.

India is fast becoming a hot destination for outsourced e-publishing work. As a Confederation of Indian Industry (CII) report, the sector is growing at an annual rate of 35 percent in India and outsourcing opportunities in value added and basic services, such as copy editing, project management, indexing, media services content and distribution will help make the publishing BPO industry worth U.S. $ 1.46 billion by 2010.

7. Health care
India in the case of health care facilities still lakes the adequate supply. In the health sector there is huge gape between demand and supply at all levels of society. Still there are many urban areas were you could hardly find more specialty hospital. And in case of metros the market sentiments itself created a need for psychological counseling.

Healthcare, which is a 35 billion dollar industry in India is expected to reach over $ 75 billion by 2012 and 150 billion dollars by 2017. The health sector is interesting in the balance, as it strives to emerge as a global hub because of the advantages it enjoys in clinical excellence and low costs.

8. Luxury products
The upper class and wealthy society will not be affected much by this global crisis, even if their value is greatly reduced. It will not change their lifestyle and will not stop spending on luxury goods. So luxurious product market will not be affected and indeed to maintain the lifestyle of wealthy people pay more for it. Luxury car makers are flocking to woo the nouveau riche (Audi, BMW are the latest competitors).

According to recent research on trends in luxury, the number of households with annual incomes of more than $ 230,000 will have more than doubled from 20,000 in 2002 to 53,000 by the end of 2005 and will grow to 140,000 by 2010.

9. Send and marketing consultants
As in the current business slow down survival will be the focus, the marketing consultants and management will be necessary in order to reduce costs and to show ways to survive and remain in the market. Others may join hands to combat this situation together will call for marketing consultants and Manda. In a booming market there are growth strategies and opportunities to advise on Send. When companies are cutting back, consultancies will be there to help customers decide where to wield the ax.

According to the Ministry of Commerce and Industry estimated the current size of consulting industry in India is about Rs.10000 / - crores, including exports and is expected to grow further at a CAGR of aprox. 25% in coming years

10. Media and Entertainment

In the current difficult times, where people are losing jobs and get the time to watch TV, they will seek entertainment at home and thus increase advertising revenues for the commercial channels. Even companies like production of religious texts and religious materials, religious channels will do well. The TRP of religious channels will increase compare with other channels of entertainment / shopping.

According to a report published by the Federation of Indian Chambers of Commerce and Industry (FICCI), Indian industry Mande is expected to grow at a compound annual growth rate (CAGR) of 18 percent to reach 23.81 billion U.S. dollars within the U.S. 2012. According to the PWC report, the television industry was worth U.S. $ 5. 48 billion in 2007, registering a growth of 18 percent compared to 2006. It 'also set to grow by 22 percent over the next five years and is worth U.S. $ 12. 34 billion by 2012....