Coat of Arms
President Pranab Mukherjee
Showcasing the Best of India in culture, travel, business and entrepreneurship
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»$7.277 trillion (3rd)
»Per capita,$5,777 (125th)
»$2.048 trillion (10th)
»Per capita,$1,626 (145th)
»Indian rupee (INR) (INR)
India is a country in South Asia. It is the seventh-largest country by area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world.
Bounded by the Indian Ocean on the south, the Arabian Sea on the south-west, and the Bay of Bengal on the south-east, it shares land borders with Pakistan to the west China, Nepal, and Bhutan to the north-east; and Burma and Bangladesh to the east.
Home to the ancient Indus Valley Civilisation and a region of historic trade routes and vast empires, the Indian subcontinent was identified with its commercial and cultural wealth for much of its long history.
Four religions—Hinduism, Buddhism, Jainism, and Sikhism—originated here, whereas Judaism, Zoroastrianism, Christianity, and Islam arrived in the 1st millennium CE and also helped shape the region’s diverse culture.
Gradually annexed by and brought under the administration of the British East India Company from the early 18th century and administered directly by the United Kingdom after Indian Rebellion of 1857, India became an independent nation in 1947 after a struggle for independence that was marked by non-violent resistance led by Mahatma Gandhi.
According to the International Monetary Fund (IMF), as of 2014, the Indian economy is nominally worth US$2.047 trillion; it is the eleventh-largest economy by market exchange rates and is, at US$7.277 trillion, the third-largest by purchasing power parity or PPP.
With its average annual GDP growth rate of 5.8% over the past two decades, and reaching 6.1% during 2011–12, India is one of the world’s fastest-growing economies. However, the country ranks 140th in the world in nominal GDP per capita and 129th in GDP per capita at PPP. Until 1991, all Indian governments followed protectionist policies that were influenced by socialist economics.
Widespread state intervention and regulation largely walled the economy off from the outside world. An acute balance of payments crisis in 1991 forced the nation to liberalise its economy; since then it has slowly moved towards a free-market system by emphasising both foreign trade and direct investment inflows. India’s recent economic model is largely capitalist. India has been a member of WTO since 1 January 1995.
The 486.6-million worker Indian labour force is the world’s second-largest, as of 2011. The service sector makes up 55.6% of GDP, the industrial sector 26.3% and the agricultural sector 18.1%. Major agricultural products include rice, wheat, oilseed, cotton, jute, tea, sugarcane, and potatoes.
Major industries include textiles, telecommunications, chemicals, pharmaceuticals, biotechnology, food processing, steel, transport equipment, cement, mining, petroleum, machinery, and software.
In 2006, the share of external trade in India’s GDP stood at 24%, up from 6% in 1985. In 2008, India’s share of world trade was 1.68%; In 2011, India was the world’s tenth-largest importer and the nineteenth largest exporter.
Major exports include petroleum products, textile goods, jewellery, software, engineering goods, chemicals, and leather manufactures. Major imports include crude oil, machinery, gems, fertiliser, and chemicals. Between 2001 and 2011, the contribution of petrochemical and engineering goods to total exports grew from 14% to 42%. India was the
India is ranked 54 with an Economic Complexity Index (ECI) of 0.361682
Top 5 Products exported by India
- Refined Petroleum (19%),
- Jewellery (6.5%),
- Packaged Medicaments (4.0%),
- Rice (2.2%),
- Cars (1.8%)
Top 5 Export destinations of India
India offers a different aspect of her personality – exotic, extravagant, elegant, eclectic — to each traveler to the country.
Travel and tourism is the largest service industry in India. It provides heritage, cultural, medical, business and sports tourism.
The main objective of this sector is to develop and promote tourism, maintain competitiveness of India as tourist destination and improve and expand existing tourism products to ensure employment generation and economic growth.
- The Taj Mahal: It is actually bigger and more majestic than what it looks in the photograph.Varanasi: Hindu religious rituals, some harking back to the Vedic age, 5,000 years ago, Varanasi is the oldest living city of the world and the birth place of Hinduism. Don’t miss the evening Ganga Aarti.Tigers:
- They may or may not be present in all the tiger reserves but your chances of seeing a tiger are fairly good in Bandhavgarh or Ranthambore tiger reserves.Sundarbans:
- Largest mangrove forest and delta in the world. Home to the famous Royal Bengal tigers and estuarine crocodiles.
- Hill Stations: India is home to some remarkable, scenic and gorgeous hill stations such as:
- Shimla, Mussorie, Darjeeling, Shillong and Ooty.Sangla Valley: Considered one of the most beautiful valleys of the world lies in the upper regions of Himachal Pradesh.
- It is extremely scenic with photogenic landscapes and unforgettable landscapes.Leh: Considered to be on the top of the world. One of the highest inhabited cities of the world. It gives a different idea of high altitude altogether with unbelievable landscapes.