Indian Economy 2010 Statistics Since Recession - GDP of India, Sectors of Indian EconomyThe emerging economy of India has a large number of skilled workers and educated professionals. In 2008, Indian economy was declared as the second fastest growing economy in the World.
By: Altiusdirectory/Business India is a country located in the southeastern part of Asia. It is officially known as the Republic of India. India is the second largest country in the world in terms of population and has a population size is 1.18 billion. It is also ranked seventh in the world in terms of population. The neighboring countries of India are Nepal, Bhutan, China, Pakistan, Burma and Bangladesh. The emerging economy of India has a large number of skilled workers and educated professionals. In 2008, Indian economy was declared as the second fastest growing economy in the World. By the end of 2020, it is predicted that India might reach among the countries which has leading economy. http://www.altiusdirectory.com/ GDP of India According to the Gross Domestic Product (GDP) nominal, India is ranked 11th largest in the world and as per the GDP-PPP (Purchasing Power Parity), India is ranked fourth largest in the world. About 55 % of its Gross Domestic Product is contributed by its service sector. The industrial sector accounts for about 28 % and the agricultural sector accounts for 17 % of the India’s Gross Domestic Productivity. The Gross Domestic Product nominal of India in 2009 was estimated as $ 1.235 trillion and that of GDP-PPP was estimated as $ 3.526 Trillion. The GDP nominal per capita of India in 2009 was estimated as $ 1,031 and the GDP-PPP per capita was estimated as $ 2,941. In terms of GDP nominal per capita, India was ranked 139th in the world and as per the GDP-PPP per capita, India was ranked 128th in the world. Sectors of Indian Economy • Agriculture: • Service and Industry: • Banking and Finance Sector: • Natural Recourses: India Trade About 20% of the countries GDP come from its foreign trade. It is involved in both import and export of commodities. The most commonly imported commodities are crude oil, gold, electronics etc. India’s major export commodities are textiles and garments, pharmaceutical products, iron ore, jewellery etc. Job scenario of India With the work force comprising of 516.3 million people, India is ranked second in the world. The agricultural sector employs about 52 %, the industrial sector employs 14 % and the service sector. ....For More Info Visit >>> http://www.altiusdirectory.com/ End
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