India - Economy
Rice, wheat, oilseed, cotton, jute, tea, sugarcane, lentils, onions, potatoes, dairy products, sheep, goats, poultry, fish
Agriculture
Amazon India expanded its logistics footprint three times to more than 2100 cities and towns in 2015, as Amazon.com invested more than US$ 700 million in its India operations since July 2014
Examples of investment projects in India - Amazon
Google plans to invest US$ 234 million for a new campus in Hyderabad which will be focused on three key areas - Google Education, Google Fibre broadband services and Street view
Examples of investment projects in India - Google
Swedish home furnishing brand IKEA has made a long-term plan of opening 25 stores in India by making an investment worth US$ 1.9 billion
Examples of investment projects in India - IKEA
Kellogg Co, world's largest cereal maker, is making large investments in manufacturing and plans to set up its first Research and Development (R&D) facility in India at Taloja, near Mumbai
Examples of investment projects in India - Kellogg Co
$290 billion
Exports
In India, again the attraction of low wages enticed investment into the country, alongside investment privileges implemented by the government e.g. tax exemptions. In 2015, FDI inflows increased by 25% to $45 billion, up from $36 billion in 2014 and were mostly driven by investments in infrastructure (oil, gas, mining and Telecom) and the services sector (IT services and trading)
FDI
$8 trillion - 4th in the world
GDP (PPP)
Agriculture: 16% Industry: 30% Services: 54%
GDP composition by sector
$6300
GDP per capita (PPP)
7.3%
GDP: Real Growth Rate
$430 billion
Imports
It is predicted to rise from 7% in 2013, to 8% by 2018, which is the highest growth rate of any of the BRIC countries within this time period
India's GDP growth rate
Textiles, chemicals, food processing, steel, transportation, equipment, cement, mining, petroleum, machinery, software, pharmaceuticals
Industry
500 million
Labour force
Agriculture: 49% Industry: 20% Services: 31%
Labour force by occupation
29.8%
Population below the poverty line
$140 billion
Stock of FDI - Abroad
$300 billion
Stock of FDI - Home
7.1%
Unemployment rate
In 2055
When it is estimated that India will become a high income country?
