{"id":10771,"date":"2022-10-21T18:30:03","date_gmt":"2022-10-21T13:00:03","guid":{"rendered":"https:\/\/www.tickertape.in\/blog\/?p=10771"},"modified":"2022-10-25T17:44:34","modified_gmt":"2022-10-25T12:14:34","slug":"5-future-industries-in-india-that-have-high-demand","status":"publish","type":"post","link":"https:\/\/www.tickertape.in\/blog\/5-future-industries-in-india-that-have-high-demand\/","title":{"rendered":"5 Future Industries in India That Have High Demand"},"content":{"rendered":"\n<p>Every once in a few years, the world embraces innovations and new technologies. Some of these stand the test of time by solving a solution, reducing costs or increasing operational efficiency. Companies engaged in developing and distributing such technologies and innovative products\/services from initial stages eventually become future-ready sectors that offer attractive investment opportunities.<\/p>\n\n\n\n<p>In this article, we look at five future industries in India that can make it big. We also look at their growth prospects and certain stocks of these sectors in India.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_66_1 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.tickertape.in\/blog\/5-future-industries-in-india-that-have-high-demand\/#Renewable-energy-sector-in-India\" title=\"Renewable energy sector in India\">Renewable energy sector in India<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.tickertape.in\/blog\/5-future-industries-in-india-that-have-high-demand\/#List-of-renewable-energy-stocks-in-India\" title=\"List of renewable energy stocks in India\">List of renewable energy stocks in India<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.tickertape.in\/blog\/5-future-industries-in-india-that-have-high-demand\/#Semiconductor-sector-in-India\" title=\"Semiconductor sector in India\">Semiconductor sector in India<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.tickertape.in\/blog\/5-future-industries-in-india-that-have-high-demand\/#List-of-semiconductor-stocks-in-India\" title=\"List of semiconductor stocks in India\">List of semiconductor stocks in India<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.tickertape.in\/blog\/5-future-industries-in-india-that-have-high-demand\/#%E2%80%8BDrone-industry-in-India\" title=\"\u200bDrone industry in India\">\u200bDrone industry in India<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.tickertape.in\/blog\/5-future-industries-in-india-that-have-high-demand\/#List-of-drone-stocks-in-India\" title=\"List of drone stocks in India\">List of drone stocks in India<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.tickertape.in\/blog\/5-future-industries-in-india-that-have-high-demand\/#Artificial-Intelligence-AI-sector-in-India\" title=\"Artificial Intelligence (AI) sector in India\">Artificial Intelligence (AI) sector in India<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.tickertape.in\/blog\/5-future-industries-in-india-that-have-high-demand\/#List-of-AI-stocks\" title=\"List&nbsp; of AI stocks\">List&nbsp; of AI stocks<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.tickertape.in\/blog\/5-future-industries-in-india-that-have-high-demand\/#Internet-of-Things-IoT-sector-in-India\" title=\"Internet of Things (IoT) sector in India\">Internet of Things (IoT) sector in India<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.tickertape.in\/blog\/5-future-industries-in-india-that-have-high-demand\/#List-of-IoT-stocks-in-India\" title=\"List of IoT stocks in India\">List of IoT stocks in India<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.tickertape.in\/blog\/5-future-industries-in-india-that-have-high-demand\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.tickertape.in\/blog\/5-future-industries-in-india-that-have-high-demand\/#Frequently-asked-questions\" title=\"Frequently asked questions\">Frequently asked questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.tickertape.in\/blog\/5-future-industries-in-india-that-have-high-demand\/#Which-sector-is-growing-fast-in-India\" title=\"Which sector is growing fast in India?\">Which sector is growing fast in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.tickertape.in\/blog\/5-future-industries-in-india-that-have-high-demand\/#What-are-some-AI-stocks-in-India\" title=\"What are some AI stocks in India?\">What are some AI stocks in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/www.tickertape.in\/blog\/5-future-industries-in-india-that-have-high-demand\/#What-are-some-of-the-semiconductor-stocks-in-India\" title=\"What are some of the semiconductor stocks in India?\">What are some of the semiconductor stocks in India?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Renewable-energy-sector-in-India\"><\/span><strong>Renewable energy sector in India<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>According to the India Brand <a href=\"https:\/\/www.tickertape.in\/blog\/what-is-equity\/\">Equity<\/a> Foundation (IBEF), India stands fourth in renewable energy capacity and wind power in the world; and fifth in solar power capacity. We have also maintained the third position in October 2021 on the EY Renewable Energy Country Attractive <a href=\"https:\/\/www.tickertape.in\/blog\/stock-market-index\/\">Index<\/a> 2021.<\/p>\n\n\n\n<p><strong>What is renewable energy?<\/strong><\/p>\n\n\n\n<p>Renewable energy is generated using natural resources that can be replenished. Examples are solar, water, and wind, among others.&nbsp;&nbsp;<\/p>\n\n\n\n<p><strong>Future of the renewable sector in India<\/strong><\/p>\n\n\n\n<p>Renewable energy is one of the lucrative industries in India. As per the Central Electricity Authority, our power requirement is likely to reach 817 GW in 2030. And the aim is to meet 50% of the total energy requirement from renewable energy by 2030. This makes the prospects for the <a href=\"https:\/\/www.tickertape.in\/blog\/current-scenario-and-future-of-indias-renewable-sector\/\">renewable energy sector<\/a> greener.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"List-of-renewable-energy-stocks-in-India\"><\/span>List of renewable energy stocks in India<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Name<\/strong><\/td><td><strong>Market Cap (Rs. in cr.)<\/strong><\/td><td><strong>Close Price (Rs.)<\/strong><\/td><td><strong>5Y <a href=\"https:\/\/www.tickertape.in\/blog\/compound-annual-growth-rate\/\">CAGR<\/a> (%)<\/strong><\/td><td><strong>1Y Return (%)<\/strong><\/td><td><strong>Total Debt (Rs. in cr.)<\/strong><\/td><td><strong>Net Income (Rs. in cr.)<\/strong><\/td><\/tr><tr><td><a href=\"https:\/\/ttape.in\/m53qUlPlhub\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Adani Green Energy Ltd<\/a><\/td><td>3,41,160.99<\/td><td>2,153.75<\/td><td>&#8211;<\/td><td>78.93<\/td><td>52,832.00<\/td><td>489<\/td><\/tr><tr><td><a href=\"https:\/\/ttape.in\/44xF8AfPEtb\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">NHPC Ltd<\/a><\/td><td>42,138.92<\/td><td>41.95<\/td><td>8.34<\/td><td>18.16<\/td><td>26,095.95<\/td><td>3,523.57<\/td><\/tr><tr><td><a href=\"https:\/\/ttape.in\/BWeQevnU0tb\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">SJVN Ltd<\/a><\/td><td>12,850.43<\/td><td>32.7<\/td><td>-0.89<\/td><td>0.46<\/td><td>6,906.15<\/td><td>989.80<\/td><\/tr><tr><td><a href=\"https:\/\/ttape.in\/zg6Pca3lhub\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Jaiprakash Power Ventures Ltd<\/a><\/td><td>5,345.69<\/td><td>7.8<\/td><td>-1.58<\/td><td>38.05<\/td><td>5,050.36<\/td><td>107.48<\/td><\/tr><tr><td><a href=\"https:\/\/ttape.in\/60Uy99dmhub\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">KPI Green Energy Ltd<\/a><\/td><td>1,628.28<\/td><td>901.25<\/td><td>&#8211;<\/td><td>538.27<\/td><td>352.30<\/td><td>44.61<\/td><\/tr><tr><td><a href=\"https:\/\/ttape.in\/gvNVeQomhub\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">BF Utilities Ltd<\/a><\/td><td>1,535.70<\/td><td>407.7<\/td><td>0.12<\/td><td>-11.58<\/td><td>1,526.82<\/td><td>50.83<\/td><\/tr><tr><td><a href=\"https:\/\/ttape.in\/vsYMSjzmhub\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Waaree Renewable Technologies Ltd<\/a><\/td><td>978.29<\/td><td>470<\/td><td>66.98<\/td><td>160.74<\/td><td>41.84<\/td><td>8.89<\/td><\/tr><tr><td><a href=\"https:\/\/ttape.in\/nm070ZHmhub\" rel=\"nofollow noopener\" target=\"_blank\">Urja Global Ltd<\/a><\/td><td>674.41<\/td><td>11.95<\/td><td>62.64<\/td><td>48.44<\/td><td>5.88<\/td><td>0.78<\/td><\/tr><tr><td><a href=\"https:\/\/ttape.in\/G9r5AaRmhub\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Orient Green Power Company Ltd<\/a><\/td><td>649.37<\/td><td>8.65<\/td><td>0.95<\/td><td>78.35<\/td><td>1,215.62<\/td><td>34.980<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>The data in the above list is as of 19th October 2022. The following <a href=\"https:\/\/www.tickertape.in\/blog\/14-new-filters-on-tickertape-stock-screener\/\">filters<\/a> were used to get the list using Tickertape\u2019s <a href=\"https:\/\/www.tickertape.in\/blog\/tickertape-stock-screener-to-discover-largecap-stocks\/\">Stock Screener<\/a>:<\/p>\n\n\n\n<ul><li>1Y return<\/li><li>1Y return vs <a href=\"https:\/\/ttape.in\/9LIhDjYNTtb\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Nifty<\/a><\/li><li>Net income (greater than zero)<\/li><li>Total debt<\/li><li>Return on investments<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Semiconductor-sector-in-India\"><\/span><strong>Semiconductor sector in India<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Semiconductors tiny chips that power electronic devices by managing the flow of electricity in electronic products.<\/p>\n\n\n\n<p><strong>Where are semiconductors used?<\/strong><\/p>\n\n\n\n<p>These are used in electronic products such as ACs, CPUs, rice cookers, <a href=\"https:\/\/www.tickertape.in\/blog\/will-india-welcome-electric-vehicles\/\">electric vehicles<\/a>, smartphones, ATMs, and other electronic products.<\/p>\n\n\n\n<p><strong>Future of semiconductors in India<\/strong><\/p>\n\n\n\n<p>Currently, India meets 100% of its semiconductor needs through imports. MEITY (Ministry of Electronics and Information Technology) has estimated that India\u2019s semiconductor market is expected to grow four times the current market to $63 bn by 2026. Therefore, to reduce our dependence on imports and become a global hub for semiconductors, the government has taken several measures.<\/p>\n\n\n\n<p>Rs. 76,000 cr. has been sanctioned for semiconductor and display manufacturing in the Production-linked Incentive (PLI) scheme. The Semicon India Program has been launched to invite semiconductor companies to build and operate their plants in India, and both global and domestic players have responded positively to this. With all these measures in place, semiconductors can be one of the fast-growing industries.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"List-of-semiconductor-stocks-in-India\"><\/span>List of semiconductor stocks in India<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Name<\/strong><\/td><td><strong>Market Cap (Rs. in cr.)<\/strong><\/td><td><strong>Close Price (Rs.)<\/strong><\/td><td><strong>5Y CAGR (%)<\/strong><\/td><td><strong>1Y Return (%)<\/strong><\/td><td><strong>Total Debt (Rs. in cr.)<\/strong><\/td><td><strong>Net Income (Rs. in cr.)<\/strong><\/td><\/tr><tr><td><a href=\"https:\/\/ttape.in\/kGGILK1mhub\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">ASM Technologies Ltd<\/a><\/td><td>652.62<\/td><td>551.45<\/td><td>59.99<\/td><td>117.87<\/td><td>50.58<\/td><td>14.61<\/td><\/tr><tr><td><a href=\"https:\/\/ttape.in\/lVkKsakDdub\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Tata Elxsi Ltd<\/a><\/td><td>44,867.99<\/td><td>7,204.65<\/td><td>53.38<\/td><td>14.02<\/td><td>138.50<\/td><td>549.66<\/td><\/tr><tr><td><a href=\"https:\/\/ttape.in\/TPoeVvGDiub\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Dixon Technologies (India) Ltd<\/a><\/td><td>25,492.10<\/td><td>4,295.8<\/td><td>51.82<\/td><td>-25.33<\/td><td>666.90<\/td><td>190.16<\/td><\/tr><tr><td><a href=\"https:\/\/ttape.in\/0r4HfZUEiub\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">SPEL Semiconductor Ltd<\/a><\/td><td>267.01<\/td><td>57.9<\/td><td>41.29<\/td><td>127.95<\/td><td>29.93<\/td><td>-11.84<\/td><\/tr><tr><td><a href=\"https:\/\/ttape.in\/mv2MF4BIiub\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Ruttonsha International Rectifier Ltd<\/a><\/td><td>173.51<\/td><td>249.4<\/td><td>40.50<\/td><td>166.16<\/td><td>29.20<\/td><td>2.81<\/td><\/tr><tr><td><a href=\"https:\/\/ttape.in\/RMax8jIIiub\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">HCL Technologies Ltd<\/a><\/td><td>2,73,225.26<\/td><td>1,009.20<\/td><td>16.92<\/td><td>-17.37<\/td><td>6,343.00<\/td><td>13,499<\/td><\/tr><tr><td><a href=\"https:\/\/ttape.in\/xaftUdRIiub\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Surana Telecom and Power Ltd<\/a><\/td><td>151.37<\/td><td>11.15<\/td><td>15.39<\/td><td>6.69<\/td><td>25.20<\/td><td>7.92<\/td><\/tr><tr><td><a href=\"https:\/\/ttape.in\/JZ9cMHnJiub\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Moschip Technologies Ltd<\/a><\/td><td>1,130.17<\/td><td>70.35<\/td><td>10.24<\/td><td>44.01<\/td><td>67.62<\/td><td>6.42<\/td><\/tr><tr><td><a href=\"https:\/\/ttape.in\/yO0dXMwJiub\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">MIC Electronics Ltd<\/a><\/td><td>260.19<\/td><td>11.75<\/td><td>8.12<\/td><td>803.84<\/td><td>7.88<\/td><td>2.97<\/td><\/tr><tr><td><a href=\"https:\/\/ttape.in\/zY1iANGJiub\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Vedanta Ltd<\/a><\/td><td>1,03,736.53<\/td><td>279.7<\/td><td>-3.33<\/td><td>-25.36<\/td><td>53,581<\/td><td>18,802<\/td><\/tr><tr><td><a href=\"https:\/\/ttape.in\/IoDItm0Jiub\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Solex Energy Ltd<\/a><\/td><td>254.8<\/td><td>318.5<\/td><td>&#8211;<\/td><td>524.50<\/td><td>21.32<\/td><td>0.99<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>The data in the above table is as of 19th October 2022.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E2%80%8BDrone-industry-in-India\"><\/span><strong>\u200bDrone industry in India<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Commonly called an Unmanned Aerial Vehicle (UAV), a drone is an aircraft that is operated without a pilot onboard. Currently, UAVs are operated remotely by a pilot, but fully independent variants are in the final stages of development.<\/p>\n\n\n\n<p><strong>Where are drones used?<\/strong><\/p>\n\n\n\n<p>Airborne drones were first utilised for military purposes but now find applications in commercial and recreational areas as well. Advancements in AI, robotics, thermal imaging, and other technologies have made this possible.<\/p>\n\n\n\n<p>The civilian application of drones can be found in sectors including agriculture, power, telecom, infrastructure, mining, healthcare, delivering supplies, and so on. Drones help companies optimise costs and enhance efficiency.<\/p>\n\n\n\n<p><strong>Future of drones in India<\/strong><\/p>\n\n\n\n<p>Drones are the next big tech disruption that India will see. The government has also liberalised rules to make India a drone hub by 2030. Currently, UAVs are operated remotely by a pilot, but fully independent variants are in the final stages of development. As per IBEF, India&#8217;s drones and drone component manufacturing industries have the potential to attract Rs. 5,000 cr. worth of investments. With the budget allocations and liberal policies in place, drones can be one of the fastest-growing industries in India.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"List-of-drone-stocks-in-India\"><\/span>List of drone stocks in India<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Name<\/strong><\/td><td><strong>Market Cap (Rs. in cr.)<\/strong><\/td><td><strong>Close Price (Rs.)<\/strong><\/td><td><strong>5Y CAGR (%)<\/strong><\/td><td><strong>1Y Return (%)<\/strong><\/td><td><strong>Total Debt (Rs. in cr.)<\/strong><\/td><td><strong>Net Income (Rs. in cr.)<\/strong><\/td><\/tr><tr><td><a href=\"https:\/\/ttape.in\/PwlmXj8Jiub\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Rattanindia Enterprises Ltd<\/a><\/td><td>7,015.01<\/td><td>50.75<\/td><td>53.26<\/td><td>20.54<\/td><td>157.67<\/td><td>553.87<\/td><\/tr><tr><td><a href=\"https:\/\/ttape.in\/yKxpNkfKiub\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Solar Industries India Ltd<\/a><\/td><td>35,274.38<\/td><td>3,898.15<\/td><td>31.40<\/td><td>44.51<\/td><td>888.00<\/td><td>441.28<\/td><\/tr><tr><td><a href=\"https:\/\/ttape.in\/8epptkuKiub\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Info Edge (India) Ltd<\/a><\/td><td>49,691.77<\/td><td>3,860.3<\/td><td>28.36<\/td><td>-45.00<\/td><td>64.07<\/td><td>12,759.56<\/td><\/tr><tr><td><a href=\"https:\/\/ttape.in\/aUzX78vPiub\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Zen Technologies Ltd<\/a><\/td><td>1,662.22<\/td><td>209.8<\/td><td>26.58<\/td><td>-11.79<\/td><td>14.75<\/td><td>1.98<\/td><\/tr><tr><td><a href=\"https:\/\/ttape.in\/4CFdT0FPiub\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Bharat Electronics Ltd<\/a><\/td><td>77,447.10<\/td><td>105.95<\/td><td>12.98<\/td><td>46.38<\/td><td>52.7<\/td><td>2,398.87<\/td><\/tr><tr><td><a href=\"https:\/\/ttape.in\/py5clDQPiub\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Dcm Shriram Industries Ltd<\/a><\/td><td>716.81<\/td><td>82.4<\/td><td>4.11<\/td><td>-31.04<\/td><td>566.08<\/td><td>66.24<\/td><\/tr><tr><td><a href=\"https:\/\/ttape.in\/fvUWbv3Piub\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Hindustan Aeronautics Ltd<\/a><\/td><td>82,859.55<\/td><td>2,477.95<\/td><td>&#8211;<\/td><td>67.38<\/td><td>49.27<\/td><td>5,080.04<\/td><\/tr><tr><td><a href=\"https:\/\/ttape.in\/nq8LjU9JTtb\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Paras Defence and Space Technologies Ltd<\/a><\/td><td>2,532.46<\/td><td>649.35<\/td><td>&#8211;<\/td><td>-13.46<\/td><td>31.08<\/td><td>27.06<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>The data in the above list is as of 19th October 2022.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Artificial-Intelligence-AI-sector-in-India\"><\/span><strong>Artificial Intelligence (AI) sector in India<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>AI refers to the ability of machines, systems or a robot controlled by a computer to perform tasks that are typically done by humans. AI-enabled machines can improve themselves based on the information they collect.<\/p>\n\n\n\n<p><strong>Where is AI used?<\/strong><\/p>\n\n\n\n<p>From self-driving cars, smart assistants, and manufacturing robots to healthcare management and automated financial investing, AI is used in many sectors in the economy.<\/p>\n\n\n\n<p><strong>Future of AI in India<\/strong><\/p>\n\n\n\n<p>India is among the top three talent markets for <a href=\"https:\/\/www.tickertape.in\/blog\/how-ai-can-help-make-good-investment-decisions\/\">Artificial Intelligence<\/a>, accounting for 16% of the global AI talent pool. According to a joint study by Microsoft and the Internet and Mobile Association of India (IAMAI), our artificial intelligence (AI) market is expected to grow at a rate of 20% over the next 5 yrs.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"List-of-AI-stocks\"><\/span>List&nbsp; of AI stocks<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Name<\/strong><\/td><td><strong>Market Cap (Rs. in cr.)<\/strong><\/td><td><strong>Close Price (Rs.)<\/strong><\/td><td><strong>5Y CAGR (%)<\/strong><\/td><td><strong>1Y Return (%)<\/strong><\/td><td><strong>Net Income (Rs. in cr.)<\/strong><\/td><td><strong>Total Debt (Rs. in cr.)<\/strong><\/td><\/tr><tr><td><a href=\"https:\/\/ttape.in\/lVkKsakDdub\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Tata Elxsi Ltd<\/a><\/td><td>44,867.99<\/td><td>7,204.65<\/td><td>53.38<\/td><td>14.02<\/td><td>549.66<\/td><td>138.5<\/td><\/tr><tr><td><a href=\"https:\/\/ttape.in\/BC85uKYQiub\" rel=\"nofollow noopener\" target=\"_blank\">Persistent Systems Ltd<\/a><\/td><td>27,402.16<\/td><td>3,689.9<\/td><td>41.40<\/td><td>-10.62<\/td><td>690.39<\/td><td>578.22<\/td><\/tr><tr><td><a href=\"https:\/\/ttape.in\/8UYcQGlRiub\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Saksoft Ltd<\/a><\/td><td>969.04<\/td><td>96.6<\/td><td>36.24<\/td><td>-7.74<\/td><td>63.26<\/td><td>20.68<\/td><\/tr><tr><td><a href=\"https:\/\/ttape.in\/TVVHVeARiub\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Zensar Technologies Ltd<\/a><\/td><td>4,878.19<\/td><td>215.5<\/td><td>7.50<\/td><td>-57.11<\/td><td>416.30<\/td><td>335.3<\/td><\/tr><tr><td><a href=\"https:\/\/ttape.in\/WfK0Rm7Riub\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Cyient Ltd<\/a><\/td><td>8,407.29<\/td><td>762.1<\/td><td>6.91<\/td><td>-36.05<\/td><td>522.30<\/td><td>573.4<\/td><\/tr><tr><td><a href=\"https:\/\/ttape.in\/4l48aksSiub\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Kellton Tech Solutions Ltd<\/a><\/td><td>616.60<\/td><td>63.9<\/td><td>5.58<\/td><td>22.53<\/td><td>70.45<\/td><td>122.31<\/td><\/tr><tr><td><a href=\"https:\/\/ttape.in\/gCwLNEUSiub\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Oracle Financial Services Software Ltd<\/a><\/td><td>25,473.35<\/td><td>2,949.2<\/td><td>-3.82<\/td><td>-37.64<\/td><td>1888.83<\/td><td>83.39<\/td><\/tr><tr><td><a href=\"https:\/\/ttape.in\/sHwXwtfTiub\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Bosch Ltd<\/a><\/td><td>46,215.50<\/td><td>15,669.65<\/td><td>-6.33<\/td><td>-11.26<\/td><td>1218.30<\/td><td>72.9<\/td><\/tr><tr><td><a href=\"https:\/\/ttape.in\/KuZS1elTiub\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Affle (India) Ltd<\/a><\/td><td>15,702.55<\/td><td>1,179.1<\/td><td>&#8211;<\/td><td>2.56<\/td><td>213.90<\/td><td>148.64<\/td><\/tr><tr><td><a href=\"https:\/\/ttape.in\/9Lntt6rTiub\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Happiest Minds Technologies Ltd<\/a><\/td><td>14,118.52<\/td><td>988.8<\/td><td>&#8211;<\/td><td>-30.13<\/td><td>181.20<\/td><td>249.75<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Internet-of-Things-IoT-sector-in-India\"><\/span><strong>Internet of Things (IoT) sector in India<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The Internet of Things is a system of interrelated computing devices, objects, mechanical and digital machines, animals or people given unique identifiers (UIDs). They can transfer data over a network without requiring human-to-computer or human-to-human interaction.<\/p>\n\n\n\n<p>The \u2018thing\u2019 in IoT can be a person with a heart monitor implant, an automobile with built-in sensors or any other manmade or natural object that can be given an Internet Protocol (IP) address. Organisations across industries are using IoT to achieve operational efficiency, deliver better customer service, and improve decision-making.<\/p>\n\n\n\n<p><strong>Where is IoT used?<\/strong><\/p>\n\n\n\n<p>IoT is used in connecting everyday objects like cars, thermostats, kitchen appliances, and other objects to communicate seamlessly.<\/p>\n\n\n\n<p><strong>Future of IoT in India<\/strong><\/p>\n\n\n\n<p>With 5G connectivity, IoT solutions will find applications in home automation, security, and so on. As per PR Newswire, the IoT industry in India is estimated to grow at a CAGR of 13.2% from 2020 to 2025.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"List-of-IoT-stocks-in-India\"><\/span>List of IoT stocks in India<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Name<\/strong><\/td><td><strong>Market Cap (Rs. in cr.)<\/strong><\/td><td><strong>Close Price (Rs.)<\/strong><\/td><td><strong>5Y CAGR (%)<\/strong><\/td><td><strong>1Y Return (%)<\/strong><\/td><td><strong>Net Income (Rs. in cr)<\/strong><\/td><\/tr><tr><td><a href=\"https:\/\/ttape.in\/BtIKHOBTiub\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Larsen &amp; Toubro Infotech Ltd<\/a><\/td><td>82,642.00<\/td><td>4,722.4<\/td><td>42.37<\/td><td>-20.03<\/td><td>2,296.80<\/td><\/tr><tr><td><a href=\"https:\/\/ttape.in\/UGPJWPNTiub\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Honeywell Automation India Ltd<\/a><\/td><td>35,253.05<\/td><td>39,872.15<\/td><td>20.50<\/td><td>-9.65<\/td><td>339.13<\/td><\/tr><tr><td><a href=\"https:\/\/ttape.in\/7kuJLjXTiub\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Havells India Ltd<\/a><\/td><td>78,749.91<\/td><td>1,257.05<\/td><td>18.18<\/td><td>-13.58<\/td><td>1,196.47<\/td><\/tr><tr><td><a href=\"https:\/\/ttape.in\/aBXQuL4Tiub\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Siemens Ltd<\/a><\/td><td>1,00,557.67<\/td><td>2,823.7<\/td><td>18.14<\/td><td>24.61<\/td><td>1,090.30<\/td><\/tr><tr><td><a href=\"https:\/\/ttape.in\/FBEbsnfUiub\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Tech Mahindra Ltd<\/a><\/td><td>99,203.86<\/td><td>1,019.4<\/td><td>17.33<\/td><td>-31.10<\/td><td>5,566.1<\/td><\/tr><tr><td><a href=\"https:\/\/ttape.in\/xZv6PYoUiub\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Wipro Ltd<\/a><\/td><td>2,07,631.31<\/td><td>379.3<\/td><td>11.40<\/td><td>-46.55<\/td><td>12,229.60<\/td><\/tr><tr><td><a href=\"https:\/\/ttape.in\/xBh5P1dViub\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Voltas Ltd<\/a><\/td><td>28,950.76<\/td><td>874.95<\/td><td>10.23<\/td><td>-34.59<\/td><td>504.08<\/td><\/tr><tr><td><a href=\"https:\/\/ttape.in\/4l48aksSiub\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Kellton Tech Solutions Ltd<\/a><\/td><td>616.60<\/td><td>63.9<\/td><td>5.58<\/td><td>22.53<\/td><td>70.45<\/td><\/tr><tr><td><a href=\"https:\/\/ttape.in\/GSftbb6Wiub\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Whirlpool of India Ltd<\/a><\/td><td>20,307.73<\/td><td>1,600.65<\/td><td>2.63<\/td><td>-34.29<\/td><td>566.37<\/td><\/tr><tr><td><a href=\"https:\/\/ttape.in\/sHwXwtfTiub\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Bosch Ltd<\/a><\/td><td>46,215.50<\/td><td>15,669.65<\/td><td>-6.33<\/td><td>-11.26<\/td><td>1,218.30<\/td><\/tr><tr><td><a href=\"https:\/\/ttape.in\/IXPNTmoXiub\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Johnson Controls-Hitachi Air Conditioning India Ltd<\/a><\/td><td>3,714.41<\/td><td>1,366.05<\/td><td>-11.75<\/td><td>-37.95<\/td><td>16.12<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>The data in the above list is as of 19th October 2022.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>It is a good idea to watch future-ready sectors and <a href=\"https:\/\/www.tickertape.in\/blog\/why-should-you-prioritise-investing\/\">invest<\/a> in them while they have significant scope to grow. However, companies of such sectors would be in their nascent stages, where there is also scope for capital expenditure, trial and error, and operational inefficiencies. Some of them may also be loss-making and may not have strong fundamentals. So it makes sense to invest in fundamentally strong companies after researching them thoroughly.<\/p>\n\n\n\n<p><strong><em>Note that the above tables are not sorted in any preferred order but are simply stocks discovered based on the parameters. Past performance is not indicative of future returns. Do not take these as stock recommendations.<\/em><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Frequently-asked-questions\"><\/span>Frequently asked questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1666350475765\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"Which-sector-is-growing-fast-in-India\"><\/span><strong>Which sector is growing fast in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Artificial Intelligence, renewable energy, and the Internet of Things are among new-age sectors that have a bright future in India. Additionally, evergreen sectors such as IT and BFSI also have good scope. Regardless of any sector your choose to invest in, ensure to carry out a <a href=\"https:\/\/www.tickertape.in\/blog\/a-step-by-step-guide-to-fundamental-analysis\/\">fundamental analysis<\/a> and only invest in qulaity companies for the long term.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1666350484538\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"What-are-some-AI-stocks-in-India\"><\/span><strong>What are some AI stocks in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Tata Elxsi Ltd, Persistent Systems Ltd, Saksoft Ltd, Zensar Technologies Ltd, and Cyient Ltd are some of the AI stocks in India. You can study these companies on Tickertape by visiting the respective Stock Pages.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1666350494536\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"What-are-some-of-the-semiconductor-stocks-in-India\"><\/span><strong>What are some of the semiconductor stocks in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>ASM Technologies Ltd, Tata Elxsi Ltd, Dixon Technologies (India) Ltd, SPEL Semiconductor Ltd, and Ruttonsha International Rectifier Ltd are some of the semiconductor stocks in India. Study the fundamentals of these companies by visiting the respective stock pages on Tickertape.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Want to be an early investor in a future industry in India? Read five future-ready sectors and stocks that can make it big.<\/p>\n","protected":false},"author":27,"featured_media":10778,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_lmt_disableupdate":"no","_lmt_disable":"no","footnotes":""},"categories":[1755,1771],"tags":[],"acf":[],"modified_by":"Anjali Chourasiya","jetpack_featured_media_url":"https:\/\/www.tickertape.in\/blog\/wp-content\/uploads\/2022\/10\/19-Oct-22-These-4-Future-Ready-Sectors-Have-A-Promising-Growth-Ahead-In-India-12-1.png?wsr","_links":{"self":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts\/10771"}],"collection":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/users\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/comments?post=10771"}],"version-history":[{"count":4,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts\/10771\/revisions"}],"predecessor-version":[{"id":10790,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts\/10771\/revisions\/10790"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/media\/10778"}],"wp:attachment":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/media?parent=10771"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/categories?post=10771"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/tags?post=10771"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}