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Home > India at a glance > Economic Profile

 Economic Profile

The Indian economy has been on an constant growth path over the last decade or so since the liberalization process was set rolling. 

Having emerged out of the world wide economic gloom without any major impact and supported by the continuing good performance of the IT industry and the emerging Telecom industry, the economy has continued to remain on the upswing.

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GDP at current prices : US$ 1010 billion (2006-07)
Average Real GDP Growth : 9.4 percent (2006-07)
Inflation Rate measured by WPI : 5.6 (May, 2007)
Exchange Rate : Rs 41.00 /US$ (May, 2007)
Exports : US$ 124.63 billion (April 2006-March 2007)
Principal Exports : Traditional exports include cotton yarn and textiles,
  ready-made garments, leather goods, gems and jewellery and agricultural products.
  However, cashew nuts, transport equipment, software, electronic goods and
  manufactured metals constitute the most rapidly growing export segments
Principal Markets for export : USA, Canada, UK, Germany, Japan and Belgium in
  the OECD, Iran, Kuwait and Saudi Arabia in the OPEC, Chile, Argentina, Brazil and
  Mexico in the Latin American region and China, Hong Kong, Singapore, Thailand, Malaysia and
  Sri Lanka in the Asian region
Imports : US$ 181.37 billion (April 2006-March 2007)
Principal imports : Capital goods, petroleum, oil and lubricants, precious and
  semi-precious stones, chemicals, edible oils and fertilizers
Principal Markets for import : USA, UK, Japan, Germany in the OECD, Iran, Kuwait
  and Saudi Arabia in the OPEC, and Brazil, Chile, Egypt, Ghana, South Africa
  from the Latin American and African regions, China, Hong Kong, Malaysia
  and Thailand in the Asian region

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