Basic Economic Statistics
Investment Outlook
General
Information
• India is a Union of States with parliamentary system of
Government
• Land area: 3.29 million square kilometers
• Capital: New Delhi
• Population: 1.027 billion (March 1, 2001)
• Climate: mainly tropical with temperature ranging from 10o –
40o C in most parts
• Time zone: GMT + 5 1/2 hours
• Major international airports: New Delhi, Mumbai, Chennai, Kolkata, Bangalore, Hyderabad, Thiruvananthapuram
• Major ports of entry: Chennai, Ennore, Haldia, Jawaharlal
Nehru, Kolkata, Kandla, Kochi, Mormugao, Mumbai, New Mangalore, Paradip and Tuticorin,
Vizag
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Basic Economic
Statistics
• GDP at current prices (2006-07): $ 911
billion
• GDP (PPP) (2006) = US $4156 (4th largest in the world)
• GDP growth rate (2006-07) : 9.4%
• Exchange rate: Rs.39.68/$ (as on November 26,
2007)
• Foreign Exchange reserves: US $271.148 billion (as on
16.11.2007)
• Exports (2006-07): US $127 billion, Growth Rate:
20.9 %
• Imports (2006-07): US $192 billion, Growth Rate :
21.59 %
• Foreign Direct Investment (2006-07): US
$19.5
• Portfolio Investment (2006-07): US $7.1 billion
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Investment
Outlook
A number of studies in the recent past have highlighted the
growing attractiveness of India as an investment destination.
According to the study by Goldman Sachs, Indian economy is
expected to continue growing at the rate of 5% or more till
2050. Indian economy is slated to become the fourth largest
economy by 2050. Some of these conclusions are listed below:
• 2nd most attractive destination - ATKEARNEY Business Confidence
Index, 2005
• Best off shoring destination - ATKEARNEY Off shoring Index, 2004
• Among the top three investment hotspots - UNCTAD and Corporate
Location Survey April 2004.
India can sustain 10% growth rate-OECD Survey, 2007
India is the second most attractive location for foreign
direct investment-UNCTAD's World Investment Report, 2007
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