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How is Rising Electricity Demand Aiding in Thermal Energy Storage Market Growth?

The improving economy has led to a high demand for products, which in turn, has given a major boost to industries across the world. There is a common perception that cities offer better standards of living, which has resulted in rapid urbanization. Therefore, growing cities and towns and the establishment of new industries at a large scale have contributed hugely in the demand for electricity.

74% believe that demonetization has led to a cashless society: Post-demonetization study by Velocity MR

Marking the third anniversary of Demonetization on November 8th, Velocity MR, a leading market research analysis company announced the results of their pan India study to understand the impact of demonetization in the past three years. The national study was conducted among a sample size of 2,100 respondents and covered prominent Indian cities including Delhi, Kolkata, Mumbai, Bangalore, Hyderabad Chennai, and Pune.