Basic Economic Indicators

Population (2011 Census) : 1210.19 Million

• Males : 623.7 Million.
• Females : 586.5 Million

GDP during 2010 -11  US$ 1518.2 billion (Rs 73.1 trillion)

• GDP Growth rate: 2010-11: 7.2% (Source: Ministry of Finance)
• Per capita income 2010-11: US $ 1146.8

Exchange rate: Rs. 51.83  = 1 US $ (December 2011)

Foreign Exchange Reserves: US$293.25 billion (January 2012)

International Trade

• Exports: 2009-10: US$ 178.7 billion (http://commerce.nic.in/eidb/lcom.asp)
• Exports 2010-11: 251.1 billion
• Exports April – November 2011: US $ 192.7 billion
• Imports: 2009-10: US$ 288.3 billion http://commerce.nic.in/eidb/ecom.asp)
• Imports: 2010-11: 369.7 billion
• Imports: April – November 2011: US $  309.5 billion

Foreign Direct Investment: (http://commerce.nic.in)

• 2009-10: US$ 25.8 billion
• 2010-11: US$ 19.4 billion
• April-November 2011: US$ 22.83billion
• Cumulative April 2000 to November, 2011: US$ 152.55 billion

Major international airports: Ahmedabad, Amritsar, Bangalore, Chennai, Goa, Guwahati, Hyderabad, Kochi, Kolkata, Mumbai, New Delhi, Thiruvananthapuram.

Major ports of entry: Chennai, Ennore, Haldia, Kolkata, Kandla, Kochi, Mormugao, Mumbai, New Mangalore, Paradip, Tuticorin and Vishakhapatnam

India in Business

 Trade - highlights

• No quantitative restrictions on import / export
• Target: To achieve a 5% share of world trade in both goods and services by the year 2020.
• New incentives for Special Economic Zones
• Simplified procedures to reduce transaction costs
• Abundant natural resources and strong manufacturing sector
• Large domestic market of over one billion people and re-export market for other South Asian counties

 CIT (Communications and Information Technology) Sector in India

• Over 60 of the 80 companies in the world who have acquired SEI CMM level 5 maturity are located in India.
• Over half of Fortune 500 companies are outsourcing their software requirements to India.
• Indian software is exported to over 100 countries
• IT-BPO sector in India aggregated revenues of USD 88.1 billion in 2010-11, with the IT software and services sector (excluding hardware) accounting for USD 76.1 billion).
• Export revenues (including Hardware) estimated at USD 59.4 billion in  2010-11.
• IT-BPO sector employed 2.5 million people in 2010-11.
• Vast pool of IT professionals is quickly moving up the value chain.
• World-class educational institutions and the largest number of English languages graduates in the world outside the United States
• Business Processing Outsourcing (BPO) and Call Centre Services recording tremendous growth
• Fast growing telecom infrastructure - 893.84 million mobile users in December 2011. Additional 200 million new mobile users likely to be added in 2012.
• Liberal investment policy, tax incentives and fast track clearance of goods