印度市场产业研究：财阀经济和竞争格局的稳定性

请参阅附注免责声明1 请参阅附注免责声明2 请参阅附注免责声明3 CIL80% CIL 请参阅附注免责声明4 CR3 请参阅附注免责声明5 请 参阅附注 责声明 6 () gdp 1995 28.07 10.43 10.95% 1996 18.91 6.91 9.92% 1997 11.73 11.23 9.24% 1998 15.32 10.89 539.37 520.82 7.85% 1999 9.18 13.04 580.14 562.51 8.01% 7.66% 2000 10.42 13.88 667.88 648.79 15.34% 8.49% 2001 29.34 30.53 787.96 742.76 14.48% 8.34% 2002 14.19 23.66 877.97 847.22 14.06% 9.13% 2003 10.69 26.56 945.27 913.36 7.81% 10.04% 2004 14.41 19.86 1,041.12 1,014.05 11.02% 10.11% 2005 54.81 30.63 1,239.98 1,181.94 16.56% 11.39% 2006 90.92 42.19 1,511.78 1,424.13 20.49% 12.72% 2007 102.69 44.73 1,759.29 1,663.21 16.79% 14.23% 2008 164.92 42.56 1,926.01 1,800.99 8.28% 9.65% 2009 93.49 59.23 1,832.37 1,726.40 -4.14% 9.40% 2010 102.62 51.64 2,228.39 2,125.44 23.11% 10.64% 2011 160.45 54.49 2,473.52 2,338.81 10.04% 9.55% 2012 158.54 49.34 2,696.82 2,568.21 9.81% 7.86% 2013 130.16 77.07 2,927.44 2,785.29 8.45% 7.77% 2014 127.06 74.12 3,063.51 2,925.86 5.05% 7.43% 2015 112.77 60.78 3,020.66 2,903.49 -0.76% 7.04% 2016 119.69 67.65 3,201.68 3,074.19 5.88% 6.85% 2017 98.34 53.61 3,329.17 3,226.39 4.95% 6.95% 2018 85.33 62.22 3,475.47 3,370.59 4.47% 6.75% 2019 56.10 58.22 3,457.89 3,371.62 0.03% 5.95% 2020 59.39 56.06 3,673.87 3,588.11 6.42% 2.24% 2021 109.45 38.78 3,891.31 3,797.80 5.84% 8.45% 2022 266.29 58.48 3,980.53 3,788.91 -0.23% 2.99% 免 8.82% 8.40% () () () () 2009 223.7616 7.6995 31.1417 247.2038 2010 233.4446 14.3791 13.8481 232.9136 -5.78% 2011 240.8731 8.2208 21.2642 253.9165 9.02% 2012 237.5834 5.9118 30.2385 261.9101 3.15% 2013 239.1655 7.6059 30.4653 262.0249 0.04% 2014 244.289 4.22 40.7981 280.8671 7.19% 2015 250.396 8.2144 48.4133 290.5949 3.46% 2016 259.45 8.4809 42.5795 293.5486 1.02% 2017 274.231 15.963 42.1298 300.3978 2.33% 2018 292.535 17.2165 20.8267 296.1452 -1.42% 2019 313.694 18.7494 30.9345 325.8791 10.04% 2020 296.408 27.5374 24.8057 293.6763 -9.88% 1.74% 90 PVC 250 200 200% 150% 12% 10% 8% 150100% 6% 10050% 4% 500%2% 0 出口量同比增长 -50%0% 请参阅附注免责声明7 PVC 2017 21.74 3.42 5.28 5.52 10.49 2018 12.96 1.82 4.01 1.41 5.58 2019 6.45 1.13 2.22 3.70 5.70 2020 4.57 0.86 4.09 1.72 5.17 2021 30.41 0.39 5.45 6.50 7.07 2022 58.24 0.87 3.81 9.95 2.61 2023 109.29 0.81 8.31 6.44 4.73 20241-2 14.48 0.21 1.67 0.99 0.58 120 105 90 75 60 45 30 15 60% 50% 40% 30% 20% 10% 00% 出口印度数量出口印度数量占我国出口量比例 请参阅附注免责声明8 90 PVC 2000 239 192 4 427 2001 315 256 251 4 503 17.69% 2002 350 336 95.97% 225 4 557 10.82% 2003 430 405 94.07% 229 5 629 12.91% 2004 630 503 79.85% 211 4 710 12.80% 2005 910 638 70.12% 166 15 789 11.20% 2006 1200 794 66.16% 145 50 889 12.66% 2007 1520 949 62.42% 130 75 1004 12.89% 2008 1581 870 55.02% 113 63 919 -8.40% 2009 1684 907 53.83% 192 28 1071 16.50% 2010 2084 1131 54.26% 151 27 1255 17.20% PVC 2009 110.95 251.55 276.27 2010 127.82 266.50 298.12 2011 129.58 331.97 356.71 2012 125.66 331.46 374.07 2013 136.70 334.64 398.81 2014 133.04 319.19 386.94 2015 143.79 372.74 445.67 2016 146.15 402.17 442.52 2017 146.61 422.27 445.79 2018 148.84 383.19 463.95 2019 151.36 646.68 488.76 2020 143.41 636.49 521.58 请参阅附注免责声明9 290 35% 12% 270 250 230 210 30% 25% 20% 15% 10% 8% 6% 19010%4% 1705%2% 150 0% 201820192020202120222023年1-8月 出口量同比增长 0% 1-8 201820192020202120222023 请参阅附注免责声明10 2018 2019 2020 2021 2022 3 6 11.6 28.8 30.6 24.1 26.4 29 27.4 33 24.7 30.1 26.7 26.8 30.3 14.1 18.5 21.3 25.7 29.9 28.9 40.4 32.9 25.2 26.9 14.4 20.2 20.6 21.2 20.4 13.2 19 22.8 21 29.4 8 9.5 11.2 16.1 14.6 9 10.1 12 10.7 13.8 14.3 7.2 6.2 7.4 6.5 73.2 81.6 76.8 89.3 95.1 226.9 268.9 271.1 299.7 330.6 5020% 4015% 30 10% 20 105% 0 2018 2019 印度 2020 0% 202120222023年1-8月 印度出口占国内出口量比例 2020 40.3 2.17 909.38 12.36 2019 49.89 2.52 1,027.49 14.73 2018 52.99 2.36 931.44 14.83 2017 51.33 3.15 1,005.30 15.04 2016 53.65 3.39 1,056.00 16.33 2015 51.05 3.47 1,039.65 15.38 2014 57.3 5.14 1,021.25 16.58 2013 56.46 5.91 1,010.05 14.75 2012 51.09 6.43 974.05 15.24 2011 48.52 6.97 953.22 14.39 2010 52.72 6.16 1,036.71 13.3 2009 54.3 8.61 980.28 5.38 请参阅附注免责声明11 请参阅附注免责声明12 45% 25%45%1/360% CentreforMonitoringIndianEconomyCMIE 20141/42015 6835 50 20222080% 请参阅附注免责声明13 Adani 请参阅附注免责声明14 Adani AdaniEnterprisesLimited(AEL): FY23: 26,951 EBITDA1,954 PAT 740 FY24: 28,827 6.96%EBITDA3,672 87.90% PAT1,973 166.63% AdaniGreenEnergyLimited(AGEL): FY23: 2,258 EBITDA1,496 PAT 103 FY24: 2,675 18.47%EBITDA2,225 48.70% PAT256 148.90% AdaniEnergySolutionsLimited(AESL): FY23: 3,719 EBITDA1,708 PAT 478 FY24: 4,824 29.71%EBITDA1,732 1.45% PAT 34827.16% AdaniPowerLimited(APL): FY23: 8,290 EBITDA2,069 FY24: 13,355 61.10% EBITDA5,009 142.12% PAT2,738 130.35% AdaniTotalGasLimited(ATGL): FY23: 1,194 EBITDA240 PAT 150 FY24: 1,256 5.26%EBITDA306 27.30% PAT177 17.61% AdaniPortsandSpecialEconomicZoneLimited(APSEZ): FY23: 5,051 EBITDA3,296 PAT 1,337 FY24: 7,427 47.03%EBITDA4,595 39.41% PAT 2,20865.22% AdaniCement: FY23: 8,023 EBITDA1,144 PAT 488 FY24: 8,322 3.73%EBITDA1,936 69.20% PAT 1,090123.32%