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25 interesting facts you must know about the Indian economy
Amidst all the gloom that prevails in India, there are many reasons to feel good about its achievements and future prospects.
India has the ninth-largest economy in the world by nominal GDP and the third-largest by purchasing power parity (PPP).
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25 interesting facts you must know about the Indian economy
India is today one of the world’s fastest growing economies. By 2030, India will become the world’s third largest economy with projected GDP (PPP) at $13,716 bn.
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25 interesting facts you must know about the Indian economy
India is the 19th-largest exporter and the 10th-largest importer in the world. During 2011–12, India's foreign trade grew by an impressive 30.6% to reach $792.3 billion.
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25 interesting facts you must know about the Indian economy
Industry accounts for 28 per cent of the country’s GDP and employs 14 per cent of the total workforce.
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25 interesting facts you must know about the Indian economy
India is 11th in the world in terms of nominal factory output according to the CIA World Factbook.
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25 interesting facts you must know about the Indian economy
India is one of the G-20 major economies and a member of BRICS.
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25 interesting facts you must know about the Indian economy
Textile manufacturing is the second largest source of employment after agriculture.
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25 interesting facts you must know about the Indian economy
India is one of the fastest growing retail markets in the world. One of the top five retail markets in the world by economic value, the retail industry is estimated to be $450 billion.
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25 interesting facts you must know about the Indian economy
India ranks second worldwide in farm output. India is the largest producer in the world of milk, jute and pulses.
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25 interesting facts you must know about the Indian economy
India has the world's third largest road network, covering more than 4.3 million kilometers and carrying 60 per cent freight and 87 per cent passenger traffic.
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25 interesting facts you must know about the Indian economy
Indian Railways is the fourth largest rail network in the world, with a track length of 114,500 kilometers.
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25 interesting facts you must know about the Indian economy
India has a national teledensity rate of 74.15 per cent with 926.53 million telephone subscribers.
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25 interesting facts you must know about the Indian economy
Over half of India's population is below 25 years. By 2020, the average age of an Indian is expected to be 29 years.
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25 interesting facts you must know about the Indian economy
India's working-age population will increase by 240 million over the next two decades, according to Deutsche Bank. India has the second-largest pool of scientists and engineers in the world.
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25 interesting facts you must know about the Indian economy
India has 122 billionaires with net assets of Rs 500 crore and above, as of December 2012.
The number of high net worth individuals (HNIs) in India is likely to more than double over the next 10 years, according to Knight Frank Wealth Report 2013.
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25 interesting facts you must know about the Indian economy
The production of passenger vehicles in India was recorded at 3.23 million in 2012-13 and is expected to grow at a compound annual growth rate (CAGR) of 13 per cent during 2012-2021, as per data published by Automotive Component Manufacturers Association of India (ACMA). Passenger car sales saw sales of 1.89 million units in 2012-13.
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25 interesting facts you must know about the Indian economy
Known as the Detroit of Asia, Chennai accounts for 35-40 per cent of India's total automobile industry.
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25 interesting facts you must know about the Indian economy
With 1,55,618 post offices and over 5,66,000 employees, India has the largest postal network in the world.
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25 interesting facts you must know about the Indian economy
Domestic airlines carried 20.289 million passengers during January and April 2013.
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25 interesting facts you must know about the Indian economy
The aviation sector in India has attracted foreign direct investment (FDI) worth $449.26 million from April 2000 to March 2013.
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25 interesting facts you must know about the Indian economy
With official gold holdings of 557.7 tonnes, India ranks 10th in gold reserves.
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25 interesting facts you must know about the Indian economy
India's foreign exchange reserves stand at $280.17 billion.
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25 interesting facts you must know about the Indian economy
The United States is India's largest software services market. Software services exports are expected to grow by 10 per cent to around $75 billion during the current fiscal year.
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25 interesting facts you must know about the Indian economy
Indian Oil Corporation topped the list of eight companies from India in the Fortune 500 ranking. Reliance Industries, Tata Motors and Tata Steel also figured in list.
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25 interesting facts you must know about the Indian economy
India’s Rs 77 trillion banking industry has 87 scheduled commercial banks, 26 public sector banks, 20 private banks and 41 foreign banks.
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