Business Related Websites Book (click to enlarge the PDF file)
Basic Economic Indicators
- GDP growth rate: 2008-09: 6.7% (Source: Ministry of Finance)
- Growth during Aug-Sep 2009 quarterly was 7.9%
- Exchange rate: Rs. 46.56 / US $ (as in December 2009)
- Foreign Exchange Reserves: US$252.0 billion (Source: RBI-Central Bank)
- Exports: 2008-09: US$ 182.6 billion (Source: EXIM Bank)
- Imports: 2008-09: US$ 291.5 billion (Source: EXIM Bank)
- Foreign Direct Investment: 2008-09: US$ 35.2 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
- No quantitative restrictions on import / export
- 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
IT
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
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 State
Business Processing Outsourcing and Call Centre Services recording tremendous growth
Fast growing telecom infrastructure
Liberal investment policy, tax incentives and fast track clearance of goods imported by manufacturers of electronic goods