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Quick Facts - INDIA

India has been ranked as the top destination for retailers in AT Kearney's Global Retail Development Index (GRDI)

India's foreign exchange reserves stand at US $160.677 billion

India has become the 2nd most attractive destination for foreign direct investment (FDI) among manufacturing investors, as per AT Kearney's latest FDI Confidence Index rankings

Insurance is US $10 billion (premiums) industry in India

India has the fifth largest electricity generation capacity in the world

India is the 5th largest telecom services market in the world; US $17.8 billion revenues in FY05

India has an extensive road network of 3.3 million km – the second largest in the world

Roads carry about 70% of the freight and 85 per cent of the passenger traffic

Indian ports handled cargo of 510 million tonnes in 2004-05, 10.8% increase over 2003-04

India has 125 airports; of these 11 are designated international airports

In 2004-05, Indian airports handled 60 million passengers and 1.3 million tonnes of cargo

Passenger traffic grew at over 22% in 2004-05 over 2003-04; Cargo grew at 21.6% over the previous year

Petroleum & Natural Gas constitutes over 16% of GDP and includes transportation, refining and marketing of petroleum products and gas.

India has a crude oil refining capacity of about 127 MMT

Real Estate and Construction is a US $12 billion (by revenue) industry in India

India is one of the ten largest retail markets in the world

Travel and Tourism is a US $32 billion industry in India, 5.3% of GDP

3.5 million international tourist arrivals in India in 2005

India is among the top 10 global suppliers of aluminium and steel in the world

About 35 million tonnes of steel is produced in India

India is also the largest producer of sponge iron in the world

Textiles is a US $36 billion industry in India; it constitutes about 5% of the GDP

India is amongst the largest producers of cotton (medium staple) – 16.75 million bales p.a., yarn - 4,170 million kgs. p.a.; about 25 per cent share of world trade in cotton yarn and fabrics - 4,283 million sq.mts. p.a.

Large market for Gems & Jewellery with domestic sales of over US $10 billion. It constitutes 4% of the global Gems and Jewellery market

Exports of over US $15.5 billion; over 18 per cent of India’s exports

India is the largest consumer of gold jewellery in the world

Accounts for about 20% of world consumption

India is the largest diamond cutting and polishing centre in the world

India has a huge output of agricultural produce, with the 2nd largest arable land area in the world

The largest producer of milk, pulses, sugarcane and tea in the world

The 2nd largest producer of wheat, rice, fruits and vegetables in the world

The Indian Pharmaceutical industry is about US $8.8 billion (2004 revenues)

Healthcare delivery is one of the largest service-sector industries in India

India is the leading destination for providing IT and IT Enabled Services (ITeS), with revenues of US $28.2 billion in 2004-05. IT Services and Software constituted 59%, IT Hardware about 21 per cent and ITeS about 20%.

The Indian Institutes of Technology (IITs) have been ranked the third best technology universities in the world for 2005, according to the prestigious Times Higher Education Supplement (THES)

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