Economy

Nominal GDP: $1.4  trillion  (CSO, 2010)
% population < $1.25 day: 34.3% (UNDP, 2007)
% population < $2 day: 80.4% (UNDP, 2007)
GDP Growth: 8% (Gol,2009-10)
Major Industries: Textiles, chemicals, food processing, steel, transportation equipment, cement, mining, petroleum, machinery, software, gems and jewellery, leather manufactures.
Major trading partners for 2009-10: China (9.1%), USA (7.8 %), Saudi Arabia (4.5%), Germany (3.4%)
Imports for 2009-2010):  China (10.7%), UAE (6.8%), Saudi Arabia (5.9%), USA (5.9%), and Switzerland (5.1%)
Exports for 2009-2010: UAE (13.4%), USA (10.9%), China (6.5%), Hong Kong (4.4%), Singapore (4.2%), Netherlands (3.5%), UK (3.5%)
The UK, with a 3.5% share of exports and 1.5% in imports, ranks as India’s 13 trading partner.  

At end-2008, the stock of FDI from the UK into India was £3,879m (compared to £2,942m at end-2007).
The stock of FDI from India into the UK at end-2008 was £3,439m (compared to £1,376m at end-2007).

India’s economy was among the first in the world to recover after the global crisis, growing by 5.9 per cent in 2009. Looking ahead India is expected to play an increasingly vocal role in key international negotiations.

Trade and Investment

"India in Business" has been set up by the ITP division of the Ministry of External Affairs with the primary aim of accelerating the pace and quantum of FDI in India. The web portal facilitates and guides the foreign investor about the Investment scenario in India.

Exports

• Exports during October, 2011 were valued at US$ 19.87 billion,which was 10.82 per cent higher in Dollar terms than the level of US$ 17.93 billion during October, 2010. Cumulative value of exports for the period April-October 2011-12 was US$ 179.78 billion as against US$ 123.17 billion registering a growth of 45.96 per cent in Dollar terms over the same period last year. 
  

Imports

• Imports during October, 2011 were valued at US$ 39.51 billion representing a growth of 21.72 per cent in Dollar terms over the level of imports valued at US$ 32.46 billion in October, 2010. Cumulative value of imports for the period April-October, 2011-12 was US$ 273.47 billion as against US$ 208.82 billion registering a growth of 30.96 per cent in Dollar terms over the same period last year. 

Travel & Tourism

India , the most incredible tourist destinations across the world for global tourists. It is a country featuring vulnerable places and interesting cultural treasures. Indian tour will mesmerize the visitors when you see magnificent monuments, legacy temples and the vibrant celebrations of Indian celebrations on Indian Holiday. Be awestruck by the sight of the ethereal Taj Mahal in Agra, India. Enjoy a tour to India that has always been one of the most wanted after tourist destination for the wide variety of travel options it has. A trip to India will leave you mesmerized with the wide array of travel options it throws in front of you. Right from the visit to its beautiful monuments like the Taj Mahal, to the ancient and modern day temples, beautiful beaches, scenic hill stations, wildlife adventures and lots. Indian Tourism has always worked on the Athithi Devo Bhava concept, which after translation means “Guest is God” and going by this sanskrit coinage, the Indian population at large has always carried forward this image of treating their guests with the best of hospitality.