In the last 20 years, India has changed its recognition in many fields.
India is now one of the most powerful and rising economies in the world. Due to helpful government policies, there are many best sectors to invest in in India.
Nowadays right Investment is the best way to multiply your money or savings. There are many ways to invest money in the short term and long term.
Usually, people invest in Term Insurance, Fixed Deposits, Stocks, Mutual Funds, Govt Savings Bonds, Microfinance Schemes, Gold, Property etc.
But if you want to Invest a big amount to get better results then there are a few growing sectors to invest in In India.
7 Best Sector To Invest In India
Invest In Real Estate
Real estate is one of the most booming sectors in India. As India is the 2nd most populated country in the world.
And still, most of the person are searching for their dream homes. When we think about the growth of any City, State, or Country Real Estate will be the priority in the development plan.
Education Sector
As we all know India holds an important place in the International education sector.
India has more than 15 million schools, 50,000+ higher education institutions, and almost 250 million students enrolled with them.
In India, the education sector has an annual growth rate of Approximately 34%. Now the Indian government has more focused on Children’s Education Growth.
After the US, India has the 2nd largest market in the E-learning phase. Until the end of 2018, this sector is expected to touch 42 billion USD.
Health Care Sector
The healthcare or Pharma Sector is growing with a green mark in the country. Because with the other developments health care is also booming.
In the last few years, Pharma shares have gained a good return. And being the 2nd most polluted country in the world India needs high-class medical goods and medicines.
Natural Energy / Solar power
Recently the honourable prime minister of India Mr Narendra Modi launched the Make In India campaign.
The Make In India Campaign encourages local bodies to build their own products and serve the Nation.
The Government Of India will also support those organizations that are participating in the Make In India program. So this is the golden chance to utilize natural resources and make money.
Sun is a powerful resource of Natural Energy and you can invest in the same sector. Natural Energy or Solar Power systems industries are on the boom.
Many developed countries are utilizing Natural Energy to save other resources. So investing in this sector can multiply your investment.
India’s IT Sector Is Leading The World
Investing in the IT Sector will never pull your savings down. India is the hub of information technology. Infosys, Wipro, HCL Technologies, and Satyam are the only few names.
If you are looking to Invest your amount where you can earn with growth then Investing in the IT sector will be a good idea.
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Banking & Finance Sector
In the last decade, the banking sector has seen many Ups and downs as many banks have lost thousands of crores INR due to a few business frauds.
But still, the banking sector has many options for growing your hard-earned money. Recently the government has launched many helpful policies for this sector.
Banking shares and investment plans give you the opportunity to invest your money and earn good benefits.
Micro Financing Platform Is Calling You
Microfinancing is one of the growing and popular sectors in India. As the banks have many strict policies for all, and only focus on registered businesses, Working individuals and self-employed.
However microfinance companies also help people who are unable to reach banks to fulfil their financial needs.
Investing in the microfinance sector can give you a huge benefit. Because the sector has an opportunity of reach to a maximum number of people in the country.
India is a leading Microfinance sector in the world. The Sector is growing at an average rate of 50% annually.
Banks like IDFC distributed more than 2500 Cr as microfinance before getting a Banking Licence in 2015.
Excellent article. Thank you a lot. Looking forward to more insightful posts in the future.