BW Businessworld has announced its latest special issue as part of its continuing series focusing on emerging sectors in India. This edition, dated April 6, 2024 takes a deep dive into the booming pet care industry in India. The issue also celebrates the achievements of young leaders in the automotive sector with its BW Auto World 40 Under 40 coverage.
Growth Potential of Indian Pet Husbandry Industry
India’s pet farming economy is on the brink of unprecedented growth, with projections indicating that the market will surpass $3 billion in the coming year, boasting a compound annual growth rate ( CAGR) of 20 percent. This explosive growth is attributed to changing consumer preferences, the luxury spending habits of high-net-worth individual (HNI) households on pet care, and investments in the sector. Companies such as Drools have already achieved a valuation of $600 million, indicating that India’s first unicorn in the pet care sector may be on the horizon.
The special issue of BW Businessworld features in-depth interviews with founders and CEOs from market leaders such as Drools Pet Food, Heads Up For Tails, Super Tails, Zigly and international market leaders such as Mars Pet Care and Royal Canin, shedding light on the dynamics driving this industry forward. From premium pet products to innovative pet insurance solutions, the sector is rapidly adapting to meet the evolving needs of pet parents. Technological advancements and changing consumer habits have also been identified as key drivers of innovation and growth within this vibrant industry.
Celebrating the Young BW Auto World Trailblazers
In addition to exploring the pet care industry, this issue features the BW Auto World 40 Under 40, an initiative that honors the outstanding achievements of young talent in the automotive sector. Under the guidance of Jury Chair Jyoti Malhotra, Managing Director, Volvo Car India, this year’s honorees represent a diverse group of visionary entrepreneurs, innovative engineers, dynamic marketing strategists and advocates for sustainability.
The special coverage also features insights from Union Minister of Road Transport & Highways, Nitin Gadkari, highlighting the important role young leaders play in driving innovation and change within the automotive industry.
For more insights and the full story, read the latest digital edition of BW Businessworld here.
About BW Businessworld
BW Businessworld, with its 43-year legacy, is the fastest growing 360-degree business media house in India. With a network spanning 23 niche business communities and 10 magazines, BW Businessworld is proud to be rooted in various domestic as well as global business verticals, organizing conferences and forums to facilitate the interaction between sectoral business leaders and create a favorable environment for cooperation. All BW issues are also fully digitally covered, including online stories and video stories and the eMagazine is also available for each issue.
