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Introduction

India has emerged as the fastest growing major economy in the world as per the Central Statistics Organisation (CSO) and International Monetary Fund (IMF) and it is expected to be one of the top three economic powers of the world over the next 10-15 years, backed by its strong democracy and partnerships.

Market size

India’s GDP is estimated to have increased 6.8 per cent 2018-19 During Q2 of 2019-20, GDP (at constant 2011-12 prices), GDP stood at US$ 474.46 billion showing a growth rate of 4.3 percent over the corresponding quarter of previous year.

  • Gross Value Added (GVA) Composition by Sector (2017-18 2nd Advance Estimate)

    • Services: 54.30 per cent

    • Industry: 29.6 per cent

    • Agriculture: 16.14 per cent

  • Cumulative FDI Equity Inflows: US$ 436.35 billion (April 2000 to June 2019)

    • Share of Top Investing Countries FDI Equity Inflows: Mauritius (32 per cent), Singapore (20 per cent), UK (6 per cent), Japan (7 per cent), Netherlands (7 per cent), USA (6 per cent), Germany (3 per cent), Cyprus (2 per cent), France (2 per cent), UAE (2 per cent) (as in April 2000 – June 2019)

  • Major Sectors Attracting Highest FDI Equity Inflows:: Services Sector (18 per cent), Telecommunications (8 per cent), Computer Software and Hardware (9 per cent), Construction Development (6 per cent), Automobile (5 per cent), Trading (6 per cent), Drugs and Pharmaceuticals (4 per cent), Chemicals (4 per cent), Power (3 per cent), Construction Activities (4 per cent) (as in April 2000 – June 2019)

Transportation in India

Airports: Airports Authority of India (AAI) manages 137 airports in the country, which includes 23 international airports and 20 civil enclaves at defence airfields.

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 108,706 km, with 13,452 passenger trains and 9,141 freight trains daily from 7,172 stations plying 23 million travellers and 3 million tonnes (MT) of freight daily.

Roadways: India’s road network of 4.87 million km is the second largest in the world. With the number of vehicles growing at an average annual pace of 10.16 per cent, Indian roads carry about 60 per cent of freight and 87 per cent of passenger traffic.

Waterways: 14,500 km

Major Ports of Entry: Chennai, Ennore, Haldia, Jawaharlal Nehru Port Trust (JNPT), Kolkata, Deen Dayal, Kochi, Mormugao, Mumbai, New Mangalore, Paradip, Tuticorin and Vishakhapatnam.