Government drives market demand, with government spending representing 59.6% of total demand in 2023. Bosco Seva Kendra is the largest company in India, generating 2.4% of the industry’s total turnover value in 2023. The industry is fragmented, with the top one company generating 2.4% of total production value in 2023. The total number of companies increases in 2023, to 1,574,130 units. The costs of the industry increase by 0.4% in 2023, largely driven by rising labour costs. The industry’s profitability decreases and stands at 62.2% of turnover in 2023, the highest regionally. With turnover of USD22.0 billion, India accounts for 8.6% of the Asia Pacific total in 2023.
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This Euromonitor industrial report provides unique information on Social Work Services in India: ISIC 853. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Social Work Services in India: ISIC 853 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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