India, a South Asian nation, is the seventh-largest country by area, the second-most populous country with over 1.38 billion people, and the most populous democracy in the world. India boasts of an immensely rich cultural heritage including numerous languages, traditions, and people. The country holds its uniqueness in its diversity, and hence has adapted itself to international changes with poise and comfort. While the economy has welcomed international companies to invest in it with open arms since liberalisation in the 1990s, Indians have been prudent and pro-active in adopting global approach and skills. Indian villagers have proudly taken up farming, advanced agriculture and unique handicrafts as their profession on one hand, while modern industries and professional services sectors are coming up in a big way on the other.
Thus, the country is attracting many global majors for strategic investments owing to the presence of vast range of industries, investment avenues and a supportive Government. Huge population, mostly comprising the youth, is a strong driver for demand and an ample source of manpower.
Location: India lies to the north of the equator in Southern Asia.
- Latitude: 8° 4' to 37° 6' north
- Longitude: 68° 7' to 97° 25' east
- Neighbouring Countries: Pakistan and Afghanistan share political borders with India on the west while Bangladesh and Myanmar stand adjacent on the eastern borders. The northern boundary comprises the Sinkiang province of China, Tibet, Nepal and Bhutan. Sri Lanka is another neighbouring country which is separated by a narrow channel of sea formed by the Palk Strait and the Gulf of Mannar.
- Capital: New Delhi
- Coastline: 7,517 kms, including mainland, coastlines of Andaman and Nicobar Islands in the Bay of Bengal and Lakshadweep Islands in the Arabian Sea.
- Climate: Southern India majorly enjoys tropical climate but northern India experiences temperatures from sub-zero degrees to 50 degrees Celsius. Winters embrace northern India during December to February while spring blossoms in March and April. Monsoon arrives in June and stays till September, followed by autumn in October and November.
- Area: India measures 3,214 kms from north to south and 2,933 kms from east to west with a total area of 3,287,263 sq. kms.
- Natural Resources: Coal (fourth-largest reserve in the world), iron ore, manganese, mica, bauxite, rare earth elements, titanium ore, chromite, natural gas, diamonds, petroleum, limestone, arable land.
- Land: 2,973,190 sq. kms
- Water: 314,070 sq. kms
- Political System and Government: The world's largest democracy implemented its Constitution in 1950 that provided for a parliamentary system of Government with a bicameral parliament and three independent branches: the executive, the legislature and the judiciary. The country has a federal structure with elected Governments in States.
- Administrative Divisions: 28 States and 8 Union Territories.
- Constitution: The Constitution of India came into force on January 26, 1950.
- Executive Branch: The President of India is the Head of the State, while the Prime Minister is the Head of the Government and runs office with the support of the Council of Ministers who forms the Cabinet.
- Legislative Branch: The Federal Legislature comprises of the Lok Sabha (House of the People) and the Rajya Sabha (Council of States), forming both the Houses of the Parliament.
- Judicial Branch: The Supreme Court of India is the apex body of the Indian legal system, followed by other High Courts and subordinate Courts.
- Chief of State: President, Mr. Ram Nath Kovind (since July 25, 2017)
- Head of Government: Prime Minister Mr. Narendra Modi (since May 26, 2014)
- Population: 1,380,004,385
- Population Growth Rate: 0.99% (2020)
- Religions: Hinduism, Islam, Christianity, Sikhism, Buddhism, Jainism
- Languages: Hindi, English and at least 16 other official languages
- Literacy: Total population: 77.7%
- Male: 84.7%
- Female: 70.3%
- Suffrage: 18 years of age; universal
- Life expectancy: 67.5 years (men), 69.8 years (women)
India’s gross domestic product (GDP) at current prices in 2021-22 is estimated to be Rs. 236.44 lakh crore (US$ 3.05 trillion), as against Rs. 198.01 lakh crore (US$ 2.56 trillion) in 2020-21, showing a growth rate of 19.4%.
Gross value added (GVA) quarterly estimates at basic prices in the second quarter of 2021-22 at constant 2011-12 prices are as follow:
- Agriculture, forestry & fishing: Rs. 663,037 crore (US$ 85.78 billion).
- Mining & Quarrying: Rs. 79,832 crore (US$ 10.32 billion).
- Manufacturing: Rs. 591,475 crore (US$ 76.52 billion).
- Electricity, gas, water supply & other utility services: Rs. 74,222 crore (US$ 9.6 billion).
- Construction: Rs. 266,947 crore (US$ 34.53 billion).
- Trade, hotels, transport, communications & services related to broadcasting: Rs. 630,866 crore (US$ 81.62 billion).
- Financial, real estate & professional services: Rs. 710,739 crore (US$ 91.95 billion).
- Public administration, defence & other services: Rs. 508,670 crore (US$ 65.81 billion).
- Forex Reserves: US$ 617.65 billion, as of March 25, 2022.
- Value of Export:Overall exports between April 2021-March 2022 were estimated at US$ 669.65 billion (a 34.5% YoY increase). .
- Export Partners:US, Germany, UAE, China, Japan, Thailand, Indonesia and European Union. India is also tapping newer markets in Africa and Latin America.
- Currency (code): Indian rupee (Rs).
- Exchange Rates: Indian rupee per US$: US$ 1 = Rs. 77.47 as of May 10, 2022.
- Fiscal Year: April 01 - March 31.
- Cumulative FDI Equity Inflow: US$ 572.81 billion (from April 2000-December 2021).
- Share of the Top Investing Countries in FDI Equity Inflow: Mauritius (27%), Singapore (22%), the US (9%), the Netherlands (7%), Japan (6%), the UK (6%), Germany (2%), the Cayman Islands (2%), the UAE (2%) and Cyprus (2%) from April 2000-December 2021.
- Key Sectors Attracting the Highest FDI Equity Inflow: Services Sector (16%), Computer Software & Hardware (14%), Telecommunications (7%), Trading (6%), Automobile (6%), Construction Development (5%), Construction Activities (5%), Chemicals (3%), Drugs and Pharmaceuticals (3%), Metallurgical Industries (3%), and Hotel & Tourism (3%) from April 2000-December 2021.
Transportation in India
- Airports: Airports Authority of India (AAI) manages 153 airports, which include 29 international airports and 10 civil enclaves as defence airfields in the country.
- International Airports: Ahmedabad, Amritsar, Bengaluru, Chennai, Goa, Guwahati, Hyderabad, Kochi, Kolkata, Mumbai, New Delhi, Thiruvananthapuram, Port Blair, Srinagar, Jaipur, Nagpur, Calicut.
- Railways: The Indian Railways network is spread over 1,26,366 kms with 12,729 locomotives being operational. There are 13,169 passenger trains run daily through 7,325 stations, plying 8.08 million travelers and 3.32 million tonnes (MT) of freight daily.
- Roadways: India’s road network of 6.38 million kms is the second largest in the world. With the number of passenger vehicles growing at an average annual pace of 3.6% between 2010 and 2020, Indian roads carry about 60% of freight and 87% of passenger traffic.
- Waterways: 14,500 kms.
- Major Ports of Entry: Chennai, Ennore, Haldia, Jawaharlal Nehru Port Trust (JNPT), Kolkata, Deen Dayal, Kochi, Mormugao, Mumbai, New Mangalore, Paradip, Tuticorin and Vishakhapatnam.