INDIA

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INTRODUCING

INDIA

Official title:
Republic of India

General information:
Capital: New Delhi
Population: 1,339,330,514 (July 2021 est.)
Total area: 3,287,263 sq km
Currency: Indian rupee (INR)
National holiday: Republic Day, 26th January (1950)
Official languages: Hindi and English *
Recognized regional languages **: Assamese, Bengali, Bodo, Dogri, Gujarati, Hindi, Kannada, Kashmiri, Konkani, Maithili, Malayalam, Manipuri, Marathi, Nepali, Oriya, Punjabi, Sanskrit, Santali, Sindhi, Tamil, Telugu, Urdu

Type of government:
Federal parliamentary constitutional republic

Diplomatic and consular representative: H.E. Ms Namrata S. Kumar

Economy:

  • Real GDP growth rate: -7,7% (2020 est.)
  • Inflation rate (consumer prices): 4,6% (2020 est.)
  • Real GDP (purchasing power parity): $9,859 trillion (2020 est.)
  • GDP (official exchange rate): $2,875 trillion (2020 est.)
  • Real GDP per capita: $7,200 (2020 est.)


GDP – COMPOSITION, BY SECTOR OF ORIGIN

  • agriculture: 15.4% (2016 est.)
  • industry: 23% (2016 est.)
  • services: 61.5% (2016 est.)


Agriculture products: rice, wheat, cereals, oilseed, cotton, sugarcane

Main industries: software, petroleum products, chemicals, pharmaceuticals, agriculture, textiles, steel, transportation equipment, machinery, cement, mining, construction

Trade – Export
Exported commodities: software, petrochemicals, agriculture products, jewelry, engineering products, pharmaceuticals, textiles, chemicals, transportation parts, ores and other goods

Main export partners:

  • US 15,6%
  • United Arab Emirates 11,1%
  • China 5,9%
  • Hong Kong 5,2%
  • Singapore 4,7%
  • United Kingdom 4,%
  • Vietnam 4%
  • Germany 3,1%
  • Bangladesh 2,8%
  • Nepal 2,8% (2021)


Trade – Import
Imported commodities: crude oil, gold and precious stones, electronics, engineering goods, chemicals, plastics, coal and ores, iron and steel, vegetable oil and other goods

Main import partners:

  • China 18,6%
  • United Arab Emirates 8,3%
  • Saudi Arabia 7,2%
  • United States 6,7%
  • Switzerland 4,3%
  • Hong Kong 4,1%
  • Singapore 4%
  • Germany 3,8%
  • Indonesia 3,4%
  • South Korea 3,1% (2021)
  • China 5,9%


EASE OF DOING BUSINESS INDEX SCORES

Overall score: 71 (2020)
Starting a Business score: 81.6 (2020)
Trading score: 82.5 (2020)
Enforcement score: 41.2 (2020)

Internet Access

India’s internet user community numbered more than 622 million in 2020. India is ranked as 68th in the world for fixed-line Broadband speeds. That is an average speed of 60.06 Mbps as measured during July 2020.

* Hindi in the Devangari script is the official language of the Union, English is an additional co-official language for Government work (http://en.wikipedia.org/wiki/India)

** The Eighth Schedule to the Indian Constitution contains a list of 22 scheduled languages. At the time the constitution was enacted, inclusion in this list meant that the language was entitled to representation on the Official Languages Commission, and that the language would be one of the bases that would be drawn upon to enrich Hindi, the official language of the Union (http://en.wikipedia.org)

Sources:

Central Intelligence Agency. 2021. The World Factbook: India. Available at: https://www.cia.gov/the-world-factbook/countries/india/ (December 9th 2021).

Indian Ministry of Finance – Department of Economic Affairs. Monthly Economic Report – December 2015. Available at: http://www.finmin.nic.in (February 10th 2020).

Reserve Bank of India. 2015. Handbook of Statistics on the Indian Economy. Available at: https://rbidocs.rbi.org.in (February 10th 2016).

Comparitech. 2021. India Cyber Profile. Available at: https://www.comparitech.com