BW Businessworld focuses on growing spiritual tech economy in latest issue
The issue, part of BW Businessworld’s series on emerging sectors, delves deeper into the role that astrotech, numerology and faithtech play in opening up a Rs 8 lakh crore sector in India
BW Businessworld, a leading name in business journalism unveils its latest special issue as part of its ongoing series spotlighting emerging sectors. This edition focuses specifically on the burgeoning 'Spiritual Tech Economy' in India. It delves into an extraordinary sector where the ancient meets the avant-garde, offering insights into a market that preserves cultural heritage while paving the way for technological innovations.
The Growth Wave
The Spiritual Tech Economy, an emerging sector within the Indian economy, combines traditional spiritual services with cutting-edge technology, spanning astrology, faith tech, numerology and temple tourism. With a valuation of $58.6 billion in 2023, this market is expected to surpass $127 billion by 2031.
Astrotech Market
The issue highlights the significant growth of the astrotech market, which is anticipated to grow from $4 billion to $6.5 billion by 2025. This growth is indicative of a global trend, with the worldwide astrology market expected to expand from $12.8 billion in 2021 to $22.8 billion by 2031.
Highlighting the intersection of spirituality and technology, it also focuses on the potential of spiritual tourism in India, especially with the upcoming inauguration of the Ram Mandir in Ayodhya, which is set to boost the sector further.
Focus on Sustainability
In addition to exploring the spiritual tech economy, BW Businessworld's special issue also emphasises sustainability and recycling efforts. Featuring a section dedicated to leading companies in recycling and waste management, the issue celebrates the winners of the second edition of the Recycling for a Greener Tomorrow Awards, organised by BW Sustainability World.
BW Businessworld invites readers to engage with the content, offering a comprehensive look at the fusion of tradition and innovation in the spiritual tech economy and the ongoing efforts towards sustainability in business practices. This issue not only highlights lucrative growth opportunities but also underscores a commitment to preserving cultural heritage and promoting eco-friendly practices.
