Business Services in India

Country Report

About This Report

Mar 2019

Structural reforms and rapid business activity growth in India helps industry to grow by 8% in 2017

Industry is projected to post 12% CAGR over 2017-2022, thanks to healthy Indian economic development, sweeping business-friendly reforms and rising investments

Industry’s firms hire thousands of IT specialists and invest in the latest technologies to tap into rising digital service markets

One of the main consulting firms gets banned from auditing Indian companies for two years due to involvement in accounting fraud scandal

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Business Services in India

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Business Services in India

Headlines

Prospects

Industry is set to grow driven by increasing country’s business activity and pro-investor reforms
Sweeping regulatory changes stimulate business spending on legal and consulting services

Competitive Landscape

Leading players initiate large-scale expansion in digital fields
Companies risk involvement in corruption scandals

Industry Overview

Chart 1 Turnover 2002-2022
Chart 2 Value Added 2012-2017, LCU million
Chart 3 Profit and Profit Margin 2012-2017
Chart 4 Turnover by Category 2012-2017, LCU million
Chart 5 Legal Services Turnover 2002-2022
Chart 6 Research and Development Turnover 2002-2022
Chart 7 Advertising Turnover 2002-2022
Chart 8 Recruitment Agencies Turnover 2002-2022
Chart 9 Business and Management Consultancies Turnover 2002-2022
Chart 10 Absolute Growth by Category, LCU million

Cost Structure

Chart 11 Cost Structure 2012-2017, LCU million
Chart 12 Costs' Structure
Chart 13 B2B Costs
Chart 14 Evolution of B2B Costs 2012-2017

Trade

Chart 15 Imports, Exports and Trade Balance 2012-2017, LCU million
Chart 16 Exports by Category 2012-2017
Chart 17 Imports by Category 2012-2017

Market Structure

Chart 18 Market Structure 2012-2017, LCU million
Chart 19 Market Structure by Category 2012-2017, LCU million

Buyers

Chart 20 Market Structure by Buyer 2012-2017
Chart 21 Demand Structure
Chart 22 B2B Buyers
Chart 23 Evolution of B2B Buyers 2012-2017

Firmographics

Chart 24 Employment Statistics and Productivity 2012-2017
Chart 25 Industry Concentration 2012-2017, % share of Turnover
Chart 26 Top Companies' Shares 2017, % of Turnover
Chart 27 Top 5 Companies' Share Dynamics 2012-2017, % of Turnover
Chart 28 Turnover Performance by Company 2012-2017

Industry Context

Chart 29 Industry vs GDP Performance 2002-2022, % Y-O-Y growth
Chart 30 Business Services vs Other Industries 2002-2022, LCU million
Chart 31 Industry Turnover by Region 2017, USD million
Chart 32 Business Services in Asia Pacific 2002-2022, USD million