Indian research and insights industry grows 10.9% to Rs 29,008 crore in FY25

India’s research and insights industry grows 10.9% to Rs 29,008 Cr in FY 2025

India’s market research and insights industry reached Rs 29,008 crore (USD 3.5 billion) in the 2025 financial year, up 10.9% from Rs 26,300 crore (USD 3.2 billion) in FY2024, according to a new report released by the Market Research Society of India (MRSI). The annual industry sizing report, titled “The Indian Research & Insights Industry 2025 Update,” noted the growth reflects a more mature and diversified market, with wider use of analytics se…

Indian research and insights industry grows 10.9% to Rs 29,008 crore in FY25

New Delhi: India’s research and insights industry reached a value of Rs 29,008 crore in FY25, marking a 10.9% increase from Rs 26,300 crore in the previous financial year, according to the Market Research Society of India’s (MRSI) latest industry sizing report. The findings were released in MRSI’s annual publication titled The Indian Research & Insights Industry 2025 Update, which tracks the performance and structure of the sector. The report in…