A huge market of 1.4 billion
consumers is waiting you. India's middle classes are projected to number around 580 million by 2030.
Agriculture, services and industries of all sizes are powering the economy. Indian agriculture employs most of the national
workforce, and is second in farm output worldwide.
The
486.6-million-worker Indian labour force is the
world's second-largest, as of 2011. India's foreign exchange remittances of
US$70 billion in 2014, the largest in the world, contributed to its economy by
25 million Indians working in foreign countries.
Major
agricultural products include rice, wheat, oilseed,
cotton, jute, tea, sugarcane, and potatoes.
Major
industries include textiles, telecommunications,
chemicals, pharmaceuticals, biotechnology, food processing, steel, transport
equipment, cement, mining, petroleum, machinery, and software.
Major
exports include petroleum products, textile goods, jewellery, software, engineering
goods, chemicals, and leather manufactures.
Major
imports include crude oil, machinery, gems, fertiliser, and
chemicals.
With 7 of
the world's top 15 information technology outsourcing companies based in India, the country is viewed as the second-most favourable
outsourcing destination after the United States, as of 2009.
India's
telecommunication industry, the world's fastest-growing,
added 227 million subscribers during the period 2010–11.
The Indian
automotive industry, the world's second fastest
growing, increased domestic sales by 26% during 2009–10.
The Indian
IT industry employed 2.8 million professionals, generated
revenues close to US$100 billion.
The
pharmaceutical industry in India is among the
significant emerging markets for the global pharmaceutical industry. India is
among the top 12 biotech destinations of the world.

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