Indian economy

Introduction Import and export Economic sectors in India External trade and investment Economic growth issues 11th five year plan

Content

Location :Asia Capital: Delhi India :developing country Rank: 11th (nominal) / 3rd (PPP) Currency: 1 Indian Rupee (INR) () = 100

Paisa Trade organizations: WTO, G-20 and others

Indian economy

GDP growth 6.5% (FY 2012) GDP per capita $1,389 (nominal: 140th; 2011) Inflation 9.25% (June 2012) Unemployment 9.8% (2011 est.) Main industries telecommunications, textiles,

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

Statistics

Export goods petroleum products, precious stones, machinery, iron and steel, chemicals, vehicles, apparel

Import goods crude oil, precious stones, machinery, fertilizer, iron and steel, chemicals

Main export partners US 12.6%, UAE 12.2%, China 8.1%, Hong Kong 4.1% (2009)

Main import partners China 12.4%, UAE 6.5%, Saudi Arabia 5.8%, US 5.7%, Australia 4.5% (2009)

Import export

Industry and services Textile Services Retail Tourism Mining Agriculture Banking and finance

Economy operating sectors

External trade and investment Global trade relations Balance of payments Foreign direct investment

A map showing regions for Indian exports

Global trade relations

Balance of payments

Foreign Direct Investment

Organization Estimated GDP growth rate Month of projection

International Monetary Fund 6.1% July 2012 World Bank 6.9% June 2012 Asian Development Bank 6.5% July 2012 Bank of America- Merrill Lynch6.5% May 2012 HSBC 6.2% June 2012 Standard Chartered 6.2% June 2012 Centre for Monitoring Indian Economy 7.2%

July 20

Indian economic growth issues

The economy of India is based in part on planning through its five-year plans, which are developed, executed and monitored by the Planning Commission

Five year plans

The eleventh plan has the following objectives:

Income & Poverty Education Health Women and Children Infrastructure Target growth:8.33% achieved:7.94%

11th five year plan