Agriculture and agro industries remain crucial to India's growing economy. Agriculture and allied sectors contribute nearly 22 per cent of GDP, while about 65-70 per cent of the population is dependent on agriculture for their livelihood.
Thirty years ago, India saw a landmark "green revolution" that led to the introduction of new technologies and the high-yield variety of seeds, resulting in higher productivity and a dramatic improvement in the living standards of a large number of farmers.
India has been one of the fastest growing free-market democracies in the world even in the wake of one of the worst economic crises in six decades. Its $1.2 trillion economy is expected to have grown 6-7 percent during the fiscal year ended March 31, 2009. This growth has come on the back of nearly 9 percent expansion over the past four years.
India is often described as a tourist paradise. From the mighty snow-capped Himalayas of Kashmir in the north to the shimmering seas of Kanyakumari in the south, the verdant deltas of Sunderbans in the east, the world's largest protected eco-and-game reserve to the historic forts and shrines of Rajasthan to the west – India has everything that the footloose traveller would like to sample.
Touted to grow into a Rs.7.5 billion industry from the current Rs.2.7 billion tag according to an Assocham report, the Indian Fashion industry is making a mark across the world with its designers and the dotting line-up of fashion training institutes across the country.
Despite being in a nascent stage at the moment vis-a-vis world fashion, the domestic fashion market accounts for only 0.2 percent of the global designer wear market, worth Rs 1630 billion and growing at around 10 percent annually.
Indian fashion however has thousands of years of tradition behind it. India has a rich and varied textile heritage and each region of India has its own unique native costume and traditional attire.
India is meeting the challenge of reaching quality health care to every household in a country of over a billion people living in over 700,000 cities, towns, villages and hamlets. The country boasts of some of the finest hospitals in the region, cutting-edge research facilities, pharma companies which also export their products to other countries. Indian doctors are known for their expertise and commitment to their chosen vocation.
The National Rural Health Mission (NRHM) is one of the flagship initiatives of the government. Over the last three years of implementation, the NRHM has brought about comprehensive rejuvenation of the public health system in the country.
In today's knowledge-driven global economy, one industry in which India is among global leaders and has a firm footprint is the fast-growing information technology and business process outsourcing industry, which includes software development and back-office operations. This industry has not only emerged among the fastest growing contributors to the country's national income, but also the biggest employment generator.
Some Indian companies in the business like Tata Consultancy Services, Infosys Technologies, Wipro and Hindustan Computers have earned global repute for the quality of service and reach, while several large overseas players like Microsoft, IBM, Hewlett Packard, Cisco, Oracle, Sun Microsystems, Yahoo, Google, Dell, Intel have set up shop in India, registering phenomenal growth.