Sector Analysis

India's Industries, Examined

7.83 Crore and Counting: The Formalisation Story Behind India's Small-Business Economy

In February 2026, the Udyam Registration Portal counted 7.83 crore registered enterprises — nearly 10 times the number four years earlier. The headline number matters less than what it reveals about India's shift from informal to formal economy.

Bharat Tycoons Editorial8 min readAug 2026

Sector AnalysisHyderabad

India's Bulk Drug Capital: How Hyderabad Became Central to India's Pharmaceutical Export Economy

Hyderabad accounts for approximately 40% of India's bulk drug production and 50% of India's bulk drug exports. With 800-plus life sciences companies and a ₹64,000-crore pharma city in development, Telangana is central to India's plan to reduce pharmaceutical dependence on China.

Bharat Tycoons Editorial8 min readAug 2026