India is not a Muslim
country. It is Hindu and Buddhist.
India is a large, poor
country with a population of 1.358 billion and a land area of 1.269 million
square miles. Labor force 527 million. Labor participation 38%. Labor force by
occupation is agriculture 47%, industry 22%, services 31%.
Nominal GDP is $2.848
trillion and ranks 7th. GDP growth is 7%. Nominal Per Capita GDP is $2,134 and ranks
119th. GDP by sector includes agriculture 17%, industry 29%,
services 54%. Inflation 2%
Main industries
include textiles, chemicals, food processing, steel, cement, mining, petroleum,
machinery, software, pharmaceuticals and transportation equipment. Ease of
doing business is 77th.
Exports $303.4 billion
of agricultural products 12.8%, fuels and mining products 13.9%, manufacturers
70.5% to the EU 17.4%, US 16.1%, UAE 9.6%, Hong Kong 5%, China 4.2%. other
47.8%.
Imports $465.6 billion
include agricultural products 8.1%, fuels and mining products 30%, manufactured
products 51.7% and other 10.2% from China 16.6%, EU 10.4%, US 5.7%, UAE 4.9%,
Saudi Arabia 4.6%, other 57.9%.
Government revenue
$39.86 billion, spending $52.11 billion. Debt to GDP 69%. External debt $510.4
billion. Foreign reserves $402 billion.
Comments
India is a large poor
country with a large population of 1.3 billion people and a nominal per capita
GDP of $2,134. Their nominal GDP is $2.8 trillion, but almost half the
population works in agriculture.
Norb Leahy, Dunwoody GA
Tea Party Leader
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