Quick Answer: Which Sector Is Best In India?

How I can double my money?

Here are some options to double your money:Tax-free Bonds.

Initially tax- free bonds were issued only in specific periods.

Kisan Vikas Patra (KVP) …

Corporate Deposits/Non-Convertible Debentures (NCD) …

National Savings Certificates.

Bank Fixed Deposits.

Public Provident Fund (PPF) …

Mutual Funds (MFs) …

Gold ETFs.More items….

Which sector gives the largest income in India?

The services sector is the largest sector in India. The services sector accounts for 53.66% of total India’s GVA of Rs. 137.51 lakh crore. The industrial sector is at the second spot and contributing around 31% of the Indian GDP.

Which industry is growing fastest in India?

Inaugural ranking with 150 enterprises unveiledRankBrand NameIndustry1One 97 / PaytmFinancial Services2GoBOLTTransport & Support Services3Saankhya LabsAerospace, Defence & Security4RazorpayFinancial Services39 more rows•Feb 1, 2020

Which is the most important sector in India?

Top Performing Sectors of Indian EconomyAgricultural Sector: One of the most important sectors of the Indian economy remains Agriculture. … Industry Sector: Another important part of the Indian economy is the Industry sector. … Services Sector: … Food Processing: … Manufacturing Sector:

Which sector will grow in 2020?

Fastest Growing Industries in the US in 20203D Printing & Rapid Prototyping Services. … Hydraulic Fracturing Services. … Autonomous Underwater Vehicle Manufacturing. … Medical & Recreational Marijuana Growing. … Massage Franchises. … Medical & Recreational Marijuana Stores. … Meal Kit Delivery Services.More items…

Which sector will grow in next 10 years in India?

This has led to significant employment generation, though a majority of it is still in the unorganised sector. Over the next 10 years, the infrastructure sector in India will need to continue its growth momentum and is likely to maintain a growth rate anywhere between 7-10%, a very healthy sign.

Which company will grow in future?

List of Fast Growing CompaniesSLNameSize1HDFCLarge2Kotak Mahindra BankLarge3L&T InfotechLarge4Aditya Birla CapitalMid6 more rows

Which industry will grow in future in India?

Best sectors for long-term investment in IndiaInformation Technology (IT) The 20th century was the era of manufacturing. … FMCG (Fast-moving consumer goods) Will the people still be using soaps, shampoo, surf, oil, etc– 15-20 years from now? … Housing finance companies. … Automobile Companies. … Infrastructure.

Which company gives highest return?

List of highest return stocks in last 10 YearsSLCompanySize1HCL TechLarge2InfosysLarge3Titan CompanyLarge4Bombay BurmahMid8 more rows

What are the 4 types of industry?

There are four types of industry. These are primary, secondary, tertiary and quaternary. Primary industry involves getting raw materials e.g. mining, farming and fishing. Secondary industry involves manufacturing e.g. making cars and steel.

Which sector is best to invest now?

Here are the top sectors that offer favorable, long-term investment options….Healthcare SectorHospital conglomerates.Insurance companies.Institutional services.Drug manufacturers.Medical instrument makers.Biomedical companies.

What companies will grow in 2020?

Fastest-Growing Companies In 2020CompanySymbolRS RatingNetflixNFLX91DropboxDBX88ZynexZYXI98NvidiaNVDA9718 more rows•May 28, 2020

What jobs will be in demand in 2020 in India?

Here are India’s top 15 emerging jobs of 2020, the skills they require and where the most jobs are, according to LinkedIn.Blockchain developer.Artificial intelligence specialist. … JavaScript developer. … Robotic process automation consultant. … Back-end developer. … Growth manager. … Site reliability engineer. … More items…•

What are the 3 main sectors of the economy?

The three-sector model in economics divides economies into three sectors of activity: extraction of raw materials (primary), manufacturing (secondary), and services (tertiary).

Which sector is the backbone of Indian economy?

agricultural sectorThe MSME sector is and regarded as the backbone of the Indian economy. It churns out over 6000 products which are highly sought after across the global marketplaces. It employs 40% of the country’s workforce, next only to the agricultural sector.