As a result, the HerfindahlHirschman Index (HHI), a common measure of market concentration in an industry, reached a new high in FY24 in industries such as telecom, airlines, cement, steel, and tyres.
In a Business Standard analysis, paints was the only industry that reported a decline in the HHI or a rise in competitive intensity due to market share gains by new players such as JSW Paints.
Market concentration in paints is expected to decline further with the entry of the AV Birla group.
The numbers indicate a steady rise in the revenue share of the top two firms across industries in the last 10 years, leading to a rise in HHI scores. For example, in airlines the revenue share of the top two players increased from 53.1 per cent in FY14 to 92.6 per cent in FY23.
In telecom, the rise was from 46.5 per cent in FY15 to 71.9 per cent in FY24. In steel it rose from 44.5 per cent to 57.6 per cent in the period.
この記事は Business Standard の July 08, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Business Standard の July 08, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
Himalayan glacial lakes expanded 10.81% from 2011 to 2024: Govt
Glacial lakes and other water bodies across the Himalayan region saw a 10.81 per cent increase in area from 2011 to 2024 due to climate change, signalling a heightened risk of glacial lake outburst floods (GLOFs), according to a government report.
India rises as global player in petroleum, sugar exports
SURGING MARKET SHARE IN 5 YEARS
Bollywood's tall storey: Mega deals drive real estate boom
Bollywood's influence extends beyond films. The industry's top stars are known for their larger-than-life roles both on and off screen.
Festival spirit soars, so does pollution
Last Thursday, the skies of Delhi illuminated with Diwali celebrations, despite a ban on firecrackers.
Credit culture: What's that?
Many bankers are complaining about deteriorating credit culture. The villain is farm loan waivers. But some of the NBFCs too are contributing to it
PEELING THE KANDA EXPRESS
As trains loaded with onions chug along, what is the impact on farmers, consumers, and traders?
SROs and fintechs: The emerging plot
The Reserve Bank of India (RBI) recently recognised the Fintech Association for Consumer Empowerment (FACE) as a self-regulatory organisation for fintech (SRO-FT) and is in the process of examining two other applicants.
Amber lights flashing
The microfinance business is turning cautious as delinquencies inch up, reports RAGHU MOHAN
Have a heart condition? Go for specialised cardiac plan
Before purchase, check for waiting periods, co-payment requirements, and sub-limits
Breaking the silence on death and money
Rekha and Rahul, both in their early forties, were batchmates at the Indian Institute of Management (IIM). They married soon after graduating and enjoyed successful careers in Bengaluru.
