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%