India: Next Leader of the World

India, officially the Republic of India, is a country inworld.For most of its independent history, India
South Asia. It is the seventh-largest country byadhered to a quasi-socialist approach, with strict
geographical area, the second most populous countrygovernment control over private sector participation,
and the largest democracy in the world. India has aforeign trade, and foreign direct investment. Starting
coastline of over seven thousand kilometres, andfrom 1991, India has gradually opened up its markets
borders Pakistan to the west, Nepal, the People'sthrough economic reforms by reducing government
Republic of China and Bhutan to the north-east, andcontrols on foreign trade and investment. Privatisation
Bangladesh and Myanmar to the east. In the Indianof public-owned industries and some sectors to
Ocean, it is adjacent to the island nations of Sriprivate and foreign players has continued amid political
Lanka, Maldives and Indonesia.Home to the Indusdebate.India has a labour force of 496.4 million of
Valley Civilization, a centre of important trade routeswhich 60% is employed in agriculture or
and vast empires, India has long played a major roleagriculture-related industries, 17% in mainstream
in human history. Hinduism, Sikhism, Buddhism andindustry and 23% in service industries. India's
Jainism, all have their origins in India, while Islam andagricultural produce includes rice, wheat, oilseed,
Christianity enjoy a strong cultural heritage. Colonisedcotton, jute, tea, sugarcane, potatoes. Major
as part of the British Empire in the nineteenthindustries include textiles, chemicals, food processing,
century, India gained independence in 1947 as asteel, transportation equipment, cement, mining,
unified nation after an intense struggle forpetroleum and machinery.India's large English speaking
independence. The country has one of the mostmiddle-class has contributed to the country's growth
diverse populations, wildlife, geographical terrain andin Business Process Outsourcing (BPO). India is also a
climate systems.INDIA ECONOMY:The economy ofmajor exporter of software, financial, research and
India is the fourth largest in the world as measuredtechnology services. India's most important trading
by purchasing power parity (PPP), with a GDP of USpartners are the United States, China, UK, Singapore,
$3.63 trillion. When measured in USD exchange-rateHong Kong, the United Arab Emirates, Switzerland
terms, it is the twelth largest in the world, with aand Belgium.Cont....With best wishes,MOOLARAM
GDP of US $775 billion (2005). India is the secondPOTALIA
fastest growing major economy in the world, with aTOWN AART
GDP growth rate of 8.4%, as of the first quarter of(An ISO 9001:2000 ISO 14001:2004,OHSAS
2006. Wealth distribution in India, a developing18001:1999 Certified Company
country, is fairly uneven, with the top 10% of income62-63, Udyog Nagar, II Phase Basni
groups earning 33% of all income. India's per capitaJodhpur 342 005 INDIA
income (PPP) of US$ 3,400 [8] is ranked 122nd in theTel. 0091 291 2639951 Fax.