Saturday, November 18, 2006

Economic Overview



India's Economy Encompasses:



Traditional village farming, modern agriculture, handicrafts, Wide range of modern industries, a multitude of support services.




Average growth rate: 6% since 1990




GDP Real Growth Rate: 8.3%



GDP - Composition by Sector:





  • Agriculture: 23.6%


  • Industry: 28.4%


  • Services: 48%


Agriculture Products:





  • Rice, wheat, oilseed, cotton, jute, tea, sugarcane, potatoes; cattle, water buffalo, sheep, goats, poultry, fish


Industries:




Textiles, chemicals, food processing, steel, transportation equipment, cement, mining, petroleum, machinery, software



Industrial Growth rate: 6.5%

1 comment:

Renjith Nair said...

http://renjithmn.wordpress.com/2008/10/25/global-economic-downturn-and-indian-reality