Ideas Client Service Careers About Us
India Office India Office
Register | Login SEARCH: 
India Office
 
   
   
   
   
   
   
   
   
   
 
> McKinsey on India 
   
McKinsey On India
India as an agriculture and high value food powerhouse: A new vision for 2030
This report takes a long-term view of the country's agriculture and high-value food industries to ascertain how India can raise agricultural productivity and farmer incomes; enhance customer value delivery in food; scale-up existing food and agriculture businesses by 3 to 5 times their current size; and develop the required capacity and enabling infrastructure, as well as relevant policies to support inclusive and sustainable growth. It also examines in depth 5 key produce: mango, banana, potato, soya bean and poultry, which are likely to drive the next wave of growth in the industry. It suggests a detailed 12-point program, which could act as a roadmap for the sector as it sets its aspirations for 2030.
Read executive summary (USD version) (PDF - 375 KB)
Read executive summary (INR version) (PDF - 397 KB)
Online and upcoming: The Internet's impact on India
This report assesses the impact of the Internet on India's economy, estimating its impact on GDP. Looking beyond that, it measures the Internet's broader impact in terms of consumer surplus and the development of Internet ecosystems. It also looks at the ways in which various participants have benefited from the Internet already. It measures India's environment for e-commerce and entrepreneurship, and analyses in detail the impact of the Internet on its small and medium-sized enterprises (SMEs). Finally, it assesses the potential for the future impact of the Internet and what it would take for India to bring this potential into being.
Read executive summary (PDF - 2.25 MB)
Read full report (PDF - 2.54 MB)
Reinvigorating the Indian mining sector
This report is a detailed study of the global metals and mining industry, and imperatives for India. It provides a perspective on the global metals and mining industry and identified the opportunities and path forward for the Indian mining sector. The Indian mining industry is expected to continue growing substantially due to rising demand. Properly tapped, by 2020 the industry can help propel growth for the country. This report adds that however, both the Indian government and the mining industry must work together to capture this potential by ensuring the robust growth of India's mining sector.
Read executive summary (PDF - 102 KB)
India Healthcare: Inspiring possibilities, challenging journey
This report released at the 9th CII India Health Summit, provides both industry leaders and policy makers with an integrated view of the opportunities and challenges facing Indian healthcare, in order to develop a realistic roadmap for the sector's transformation journey into an equitable and inclusive system. The report updates McKinsey's 2002 findings on the healthcare sector, reviewing its performance in the past decade, and developing a vision for 2022 in light of the aspirations of India's Twelfth Five-Year Plan, as well as the increasingly important role of the private sector in delivering healthcare.
Read executive summary (PDF - 617 KB)
Scaling the Indian automotive aftermarket: Path to profitable growth
This report explores three developments in the Indian automotive aftermarket: aftermarket players have grown well, though growth is more challenging than before - players are keen to know specific opportunities for sustainable growth; margins are under pressure, particularly for those companies who did not take initiatives to improve profitability; and more organised players are entering aftermarket industry, increasing the possibility of consolidation. However, it is unclear how the market structure will evolve. It also shares McKinsey perspectives on the growth outlook for the Indian aftermarket; likely evolution of the market structure, attractive granular growth opportunities, and potential actions and initiatives for sustained profitability.
Read executive summary (PDF - 146 KB)
Innovate to unlock the next decade
This report is a compendium of articles, which highlight imperatives that need to be considered as financial institutions continue on their journey to capture the next wave of growth. The articles are on the themes of essentials of innovation; disruptive play to capture the digital financial services opportunity; granularity of growth; profitably capturing the rural opportunity; leveraging capital as a source of competitive advantage; defining the next frontier of wholesale banking; and achieving step change in sales productivity.
Read executive summary (PDF - 230 KB)
The digital edge: New opportunities in financial services
This report highlights the evolution of "digital high-value" consumers in India who will drive up the value of digital financial services to USD 60 billion to 70 billion by 2020. It outlines barriers to the adoption of digital services, proposes tangible innovations for Indian financial institutions (FIs), and defines the change agenda within these institutions and in the larger financial services ecosystem.
Read executive summary (PDF - 120 KB)
Transforming India's vaccine market: Saving lives, creating value
Encompassing the challenges and complexities of vaccines segment in India, this report developed a roadmap on the expected deliverables from each stakeholder for accelerating the growth of the vaccines industry in India. The report also developed an assessment of market potential of vaccines in India in a few scenarios in 2020 with the key assumptions for growth based on patients who access vaccines in through both public and private markets. The report gives a detailed understanding of key barriers that stakeholders need to overcome to drive growth in vaccines. It identifies top few initiatives that will turbo charge the growth by each stakeholder. Specifically, what role can government play in driving the industry growth and how? What are the likely collaborations/ partnerships between all stakeholders to help fast track the implementation?
Supply chain evolution: Managing the new normal
This whitepaper provides a perspective on the key trends that will characterise supply chain evolution, and suggests core practices that an organisation needs to embed to ensure that its supply chain is ready to compete — and win — in the new normal. Although the major trends that have shaped today's supply chain will remain relevant, seven new trends will define the characteristics of a 'new normal': channel innovation, last mile delivery, consumer differentiation, evolution of green supply chains, managing global volatility, near shoring, and talent scarcity. This whitepaper mentions that each of these will have a significant bearing on the way today's supply chains operate, and will require significant advancement in supply chain management practices to enable companies to master the new normal.
Read executive summary (PDF - 70 KB)
The world at work: Jobs, pay, and skills for 3.5 billion people
The report documents the shifts in global labour demand and supply, as strains in the global labour market become more apparent. It examines the underlying causes and describes the implications, and concludes that the forces that have caused imbalances in advanced economies in recent years will strengthen further and will be felt increasingly in developing nations, too, as China and other developing economies join the global competition for the skilled labour required to raise productivity and drive GDP growth in the 21st century.
Read executive summary (PDF - 780 KB)
Read more on the McKinsey Global Institute site
Transforming learning through mEducation — McKinsey GSMA report
The report outlines growth potential for mobile technology in the education landscape. It reveals that early initiatives in mobile technology - enabled learning solutions - or mEducation-across diverse geographies, have learning outcomes, and widespread adoptions could transform learning for over a billion people worldwide, With growing availability and demand, mEducation is poised to become a USD 70 billion market by 2020.
Read executive summary (PDF - 4.28 MB)
Leveraging the financial services sector as a growth engine for transformation
The financial services sector has stood out as an 'engine of growth' in the last decade. It was one of the fastest growing sectors and contributed 7 per cent of India's GDP in 2010, up from 5 per cent in 2000.
Read executive summary (PDF - 780 KB)
Partnerships: Reshaping Asia's natural gas industry — McKinsey - GAIL - FICCI report
The study conducted by McKinsey's Global Energy Perspective, suggests that gas as a fuel will increase in importance in the global energy basket. As global energy demand grows, gas is expected to grow further in importance. The bulk to this growth in gas demand will be led by "Emerging Asia", including China, India, and the rest of South East Asia, which will account for about 35 per cent of incremental global gas demand growth till 2020.
Read executive summary (PDF - 1.07 MB)
Building a global scale specialty chemical industry in India — McKinsey-CII report
The report lays down eight key success factors to enhance growth for specialty chemical companies in India based on McKinsey & Company's outside - in assessment of 48 companies. These factors include setting high aspirations to ensure top management commitment, shaping market demand, developing an India specific end - to - end business model, developing local products at the right price, building a strong value proposition to attract talent, and importantly, developing a sustainable growth strategy.
Read executive summary (PDF - 31.2 KB)
Gateway to the defining decade
The next decade represents a unique opportunity for Indian banks to capitalise on the gains of the last decade and become globally competitive and relevant. Several opportunities will open up for Indian banks in domestic and international markets as India becomes even more integrated with global markets. Banks in India will need to develop sustainable sources of advantage to stay ahead of the game, such as tailored propositions for different consumer segments; building consumer loyalty through superior experience; end to end "lean" operating models; and technology as a source of differentiation.
Read executive summary (PDF - 1.15 MB)
India Life Insurance 2.0: New rules, new game
The report finds that while the Indian life insurance market will continue to be one of the most attractive markets for growth globally, the paradigm for success is likely to change significantly, driven by discontinuities in regulations, customer behaviour, and technology adoption. The report, based on proprietary McKinsey research conducted across 60 countries, finds that the Indian life insurance industry's GWP is forecast to grow at a rate of between 13 to 14 percent from fiscal year 2010 to 2015 to reach a total GWP of around USD 110 billion by 2015.
Read executive summary (PDF - 97.1 KB)
Driving corporate portfolio value creation in the next decade
The whitepaper analyses the success paths of companies that led from the front in the past decade, outlines the upcoming challenges for the next decade's "New Normal", and introduces the three key imperatives Indian companies will need to consider as they formulate their portfolio strategy for value creation: developing an integrated portfolio view towards underlying businesses (rather than viewing them as standalone companies); engineering the portfolio for "balance" — across the growth horizon, across risks and across capital; driving systematic value - creation in the portfolio using a "best owner" mindset.
Read executive summary (PDF - 228 KB)
Accelerating infrastructure delivery in India — McKinsey-FICCI report
The report identifies the key challenges confronting India's infrastructure sector, explaining their impact on infrastructure delivery. It further recommends specific action at every stage of infrastructure delivery that can help overcome these challenges.
Read executive summary (PDF - 324 KB)
Retaining the edge: Sustaining South India's growth momentum — McKinsey-CII report
South India has been a major driver of growth for India from 2000 to 2010, contributing to more than 22 per cent of India's GDP and 28 per cent of its employment. While the region begins this next decade on a sound footing, a slowdown in its recent growth and growing competition from other states mean that South India must act now to retain its edge. This report provides a picture of each of the southern states' starting positions in 14 high-priority sectors across six industry categories, identifies challenges for further growth, and lays out an actionable approach to think about growth over the next decade.
Read executive summary (PDF - 1.22 MB)
Gearing up for healthcare 3.0 — Mckinsey-CII report
This report provides a view on how the healthcare industry in India can prepare for healthcare 3.0. Its focus is on creating linkages between patient demand and healthcare supply, use of mobile health technology, and partnerships needed to achieve what should be a decade of tremendous growth in healthcare in India.
Read executive summary (PDF - 162 KB)
Transform to outperform: Ideate, innovate, inspire — McKinsey-IBA report
The report discusses the growth of the Indian banking system, which is at 18 to 20 percent a year, with superior profitability — an over 16 percent return on equity.
Read executive summary (PDF - 212 KB)
Opportunities in the Indian automotive market — McKinsey-CII report
The report suggests ways to improve productivity in the automotive aftermarket. As per the report, the Indian automotive aftermarket is growing at the rate of 11 per cent, and is estimated to reach '39,000 crore to' 44,000 crore by 2015. While current margins for the industry remain attractive, players across the value chain may see margins reducing. To sustain profitability, it is imperative that players evaluate additional ways of capturing value, including expanding service networks, developing branded generic parts, forward-integrating and building scale.
Read executive summary (PDF - 868 KB)
Inclusive growth and financial security: The benefits of e-payments to Indian society
The report explores the current inefficiencies in government payment systems and quantifies the financial and strategic benefits of making government payment flows electronic. It offers a high-level solution framework to address these inefficiencies, not with the intent of defining a pre-determined solution, but to assess feasibility and estimate likely costs.
Read executive summary (PDF - 280 KB)
India Pharma 2020: Propelling access and acceptance, realising true potential
In 2007, the Pharmaceutical and Medical Products (PMP) practice conducted comprehensive research and published a report entitled India Pharma 2015: Unlocking the Potential of the Indian Pharmaceuticals Market. Since then, the overall market has moved forward, mostly in line with the projections. This report refreshes the market projections, profiles the different opportunities, and outlines new imperatives for the industry and the government, extending the research horizon to 2020
Read executive summary (PDF - 510 KB)
The human capital key: Unlocking a golden decade in Indian banking
The report focuses on state-owned banks and makes recommendations regarding productivity improvement and talent management practices that broadly apply to private sector banks as well. It suggests that banking sector profits could expand to six times their current value by 2020 and the only way to realise this is by increasing productivity and strengthening human resources.
Read executive summary (PDF - 432 KB)
Building India:Transforming the nation's logistics infrastructure
The report discusses the losses to the economy due to poor logistics infrastructure, which will substantially increase under current trajectory of infrastructure development, and recommends a new, balanced modal approach for India's logistics infrastructure development. The report reveals that losses to the economy will increase from $45 billion (over 4 percent of GDP) currently to about $140 billion (5.3 percent of GDP) in 2020. The recommended balanced modal approach requires coordinated infrastructure development with increased focus on rail and better utilisation of current infrastructure and can reduce losses and India's freight transport energy consumption by approximately 20 percent.
Read full report (PDF - 826 KB)
India's urban awakening: Building inclusive cities, sustaining economic growth — McKinsey Global Institute report
The report estimates that cities could generate 70 per cent of net new jobs created to 2030, produce around 70 per cent of Indian GDP, and drive a near fourfold increase in per capita incomes across India. It offers a range of recommendations, the vast majority of which India could implement within 5 to 10 years. If India were to follow the recommendations, it could add 1 to 1.5 percent to annual GDP growth, bringing the economy close to the governmen't aspiration for double-digit growth.
Read executive summary (PDF - 1.46 MB)
Read more on the McKinsey Global Institute site
Gas 2015: Unlocking opportunities through partnerships — McKinsey-GAIL-FICCI report
The report highlights that the global gas market is likely to witness an LNG supply overhang in the near- to medium-term as one of the most intense capacity build-outs coincides with commercial shale gas production in North America and the financial crisis-induced demand drop. It also shows that the demand and supply situation could improve in the long-term. The report suggests that Asia will be the fastest growing consumption market, despite structural differences across countries.
Read executive summary (PDF - 1.11 MB)
P&C insurance in India
The report suggests that to continue the growth trajectory and achieve all its objectives, the Indian property and casualty (P&C) industry will need to choose from one of four evolution paths determined by the macroeconomic environment and the competitive actions of other market players. Ensuring a healthy industry that is well positioned for success will require a concerted set of actions by the different stakeholders, i.e., players and policymakers alike.
Read executive summary (PDF - 183 KB)
Charting our water future —Water Resources Group report
The report focuses on how, by 2030, competing demands for scarce water resources can be met and sustained. It is sponsored, written and supported by a group of private sector companies and institutions concerned about water scarcity as an increasing business risk, a major economic threat that cannot be ignored, and a global priority that affects human well-being.
Read executive summary (PDF - 913 KB)
Building India: Accelerating infrastructure projects
The report discusses the challenges in implementing infrastructure projects in India and outlines several steps that government, nodal agencies and infrastructure providers can take to accelerate the delivery of world-class infrastructure.
Read executive summary (PDF - 353 KB)
Environmental and energy sustainability: An approach for India
The report discusses the outlook for India as the country aims to address challenges of environmental and energy sustainability and outlines a range of opportunities that could help reduce emissions by 45 percent and energy consumption by 22 percent by 2030.
Read executive summary (PDF - 768 KB)
Perspective 2020: Transform business, transform India—McKinsey – NASSCOM report
The report, based on extensive research conducted by McKinsey, outlines a 2020 road map for the Indian technology and business services industries.
Read executive summary (PDF - 288 KB)
Building India: Financing and investing in infrastructure
The report discusses the outlook of the infrastructure sector in India. It reveals that bottlenecks in creation, uptake, and execution of projects; structural and regulatory barriers; and the global economic slowdown are likely to create a shortfall of US$150 billion to US$190 billion in capital available for infrastructure projects and suggests structural reforms required in infrastructure financing to address this gap.
Read executive summary (PDF - 140 KB)
The great Indian bazaar: Organised retail comes of age in India
As per the report India's indigenous mom-and-pop stores, which have been battling for customers with the Walmarts of the world, will be transformed during the next 7 years.
Read executive summary (PDF - 1.11 MB)
New Vistas in Financial Services: Lessons from International Experiences — McKinsey-IMC-ICAI report
The report discusses the eight structural shifts that will shape the future of the global financial services industry: deepening capital markets, ageing populations in the developed world, a move towards customer-centric business systems, technology-led innovations, increased emphasis on risk and regulatory management, the adoption of global technology platforms, the rise of mega financial institutions, and a shift in the balance of power to the BRIC economies.
Read executive summary (PDF - 10kKBB)
Gas 2020: A perspective—McKinsey-GAIL-FICCI report
The research assesses the 2020 outlook for the global gas market with an emphasis on Asia and India. It outlines the growth potential for the consumption of natural gas, highlights some of the constraints in various markets, and articulates action areas for stakeholders.
Read executive summary (PDF - 180 KB)
Indian asset management: Achieving broad-based growth
The report discusses the future outlook of the Indian asset management industry. It states that the total assets under management (AUM) could grow at around 33 percent per year from US$92 billion in March 2007 to US$350 billion to US$440 billion by 2012.
Read executive summary (PDF - 324 KB)
The rising remote infrastructure management opportunity: Establishing India's leadership—McKinsey - NASSCOM report
Remote infrastructure management (RIM) could realise US$26 billion to US$28 billion in revenues by 2013, and India could capture a disproportionate share—US$13 billion to US$15 billion—of this potential, creating 325,000 to 350,000 jobs in the process.
Read executive summary (PDF - 156 KB)
Powering India: The road to 2017
The research provides a perspective on the demand outlook for power in 2017 and outlines a comprehensive program to unlock the sector's potential. Further, it highlights the opportunities, risks, and winning approaches that will emerge as the sector develops.
Read executive summary (PDF - 468 KB)
India banking: Toward global best practices, insights from industry benchmarking surveys
Findings from 5 proprietary surveys that benchmark capabilities of and practices at work in Indian banks and compare them against global capabilities and best practices.
Read overview (PDF - 936 KB)
Sustainable health insurance: Global perspectives for India
The report focuses on improving inclusive access to healthcare financing, to address the lack of customer and provider engagement, an inadequate regulatory framework and inappropriate plan designs have led to escalating costs in other countries and made their systems financially unsustainable.
Read executive summary (PDF - 429 MB)
ECE vision 2015: Scaling new heights in the Indian earthmoving and construction equipment industry
The study suggests that the Indian earthmoving and construction equipment industry has the potential to grow fivefold from its current size of US$2.3 billion to approximately US$12-13 billion by 2015.
Read executive summary (PDF - 324 KB)
India Pharma 2015: Unlocking the potential of the Indian pharmaceuticals market
The report presents findings from year-long research to assess the potential of the Indian pharmaceuticals market, identify opportunities and understand the implications for industry and policy makers. It suggests that if India's high economic growth rate holds steady, its pharmaceuticals market will undergo a significant transformation in the next decade and triple to USD 20 billion by 2015 to become one of the world's top 10 pharmaceuticals markets.
Read executive summary (PDF - 1.27 MB)
The 'bird of gold': The rise of India's consumer market
As India transitions to become the world's fifth largest consumer market by 2025, its middle class will swell by over ten times its current size of 50 million to 583 million people.
Read executive summary (PDF - 1.54 MB)
Read more on the McKinsey Global Institute site
Operational excellence: The next frontier in offshoring
The report is based on an independent study led by McKinsey & Company. Conducted over 12 months, the assessment involved working closely with leading companies to develop unique operational excellence frameworks — Process 360° for BPOs, and Project 360° for IT services companies. These frameworks are one of the first operational excellence tools developed explicitly for offshore centers. Data was collected from over 30 leading captives and third-party providers by surveying 162 processes and 58 projects.
Read study findings (PDF - 24 KB)
India life insurance 2012: Fortune favors the bold
This report discusses the future outlook of the Indian insurance industry until 2012. It forecasts that the Indian life insurance industry could witness a rise in premiums from the current 4.1 per cent to between 5.1 and 6.2 per cent of GDP in 2012. Total premiums are likely to grow to USD 80 billion to USD 100 billion, implying annual growth of 17 to 21 per cent and in new business annual premium equivalent of 19 to 23 per cent from 2007 to 2012. More importantly, the research suggests breakthrough approaches for industry players to overcome key challenges and create a winning proposition.
Read summary (PDF - 150 KB)
Accelerating India's growth through financial system reform — McKinsey Global Institute report
The report assesses the performance and health of India's financial system vis-à-vis other Asian economies, discusses its shortcomings and highlights the areas in need of reform.
Read executive summary (PDF - 220 KB)
Read more on the McKinsey Global Institute site
Toward a new global order for automotive suppliers
The study discusses the readiness of Chinese and Indian suppliers to serve the global market and suggests how triad suppliers and global OEMs should prepare for likely changes in the supplier industry. The team surveyed over 50 suppliers across China and India and evaluated their performance and capabilities in the areas of strategy, operations, and product development vis-a-vis triad suppliers.
Read executive summary (PDF - 51 KB)
India banking 2010: Toward a high-performing sector
India's banking industry must strengthen itself significantly if it has to support the modern and vibrant economy, which India aspires to be. While the onus for this change lies mainly with bank managements, an enabling policy and regulatory framework will also be critical to their success.
Read executive summary (PDF - 692 KB)
What Indian consumers want from banks
Read more on the McKinsey Quarterly site
Reforming India's financial system
Read more on the McKinsey Quarterly site
NASSCOM-McKinsey report, 2005: Extending India's leadership of the global IT and BPO industries
India could generate $60 billion in exports by 2010 if it extends its leadership in the global IT and BPO industries. Operational excellence is increasingly important. The Process 360 framework helps companies identify key operational gaps across fourteen areas.
Read executive summary (PDF - 76 KB)
An upgrade for the Indian IT services industry
Read more on the McKinsey Quarterly site
Turning the minerals and metals potential of eastern India into a gold mine—McKinsey - CII report
The economies of three eastern Indian states, Chhattisgarh, Jharkhand and Orissa and large tracts of West Bengal have the potential to unleash an unprecedented economic boom owing to the large and high quality deposits of minerals in this region. Capturing this potential however will require a concerted and co-coordinated effort by industry players and the government.
Read executive summary (PDF - 818 KB)
Unearthing India's mineral wealth
Read more on the McKinsey Quarterly site
Made in India: The next big manufacturing exports opportunity—CII-McKinsey report
The global trend to manufacture and source products in low-cost countries is likely to gather strength over the next ten years, particularly in the skill-intensive industries where India has a significant competitive advantage. If India takes advantage of this trend, it has the potential to capture approximately US $300 billion by 2015 in manufacturing exports.
Read executive summary (PDF - 55 KB)
When to make India a manufacturing base
Read more on the McKinsey Quarterly site
FAIDA revisited: Realizing the potential
Five key opportunities are emerging in the Indian market in the areas of mass-market basic foods, mass market value-added foods, exotic product categories, food exports, input providers and logistics supply and retail. This report builds on work to chart the way for India to become "Food Factory" of the world.
Read executive summary (PDF - 777 KB)
Winning the Indian consumer
Read more on the McKinsey Quarterly site
McKinsey GIobal Institute (MGI)

MGI is an independent economics think tank within McKinsey.

India-Related MGI Reports

The world at work: Jobs, pay, and skills for 3.5 billion people


India's urban awakening: Building inclusive cities, sustaining economic growth


The 'bird of gold': The rise of India's consumer market

Atleast six percent of our consulting capacity is devoted to knowledge codification and development.
           
Terms of Use | Privacy Policy   © Copyright 1996-2013 McKinsey & Company