Business in India

Composition of GDP : The Indian economy is based overwhelmingly on services, which account for 57.3% of GDP; industry for 25.8%; agriculture for 17%.

Financial Year : April 1 - March 31

GDP (current prices) : US$1.18 trillion (IMF forecast 2009)

GDP Growth : 6.7% (2009 Union Budget)

Foreign Exchange Reserves : US$ 254 bn. (June 2009)

Main natural resources : Coal, Iron Ore, Bauxite, Manganese and Chromium.

Principal crops : Wheat, Rice, Maize, Sugarcane

Currency : A$ 1= Rs. 39.44 / US$ 1 = Rs.47.74 (Aug. 2009)

Inflation : 6.26% (2009 Estimate)

FDI Investments : US$27.3 bn. (April 2008 - March 2009)

FII Investments : U$5,562 mn. (Jan. 1 2009 - 2 Jun 2009)

Leading Investing Countries : Mauritius, Singapore, USA, U.K., Netherlands

TRADE

INDICATOR	2008 - 2009 (Apr. - Dec.)	2007 - 2008
India's Total Trade	386.33 bn.	414.54 bn.
India's Total Exports	131 bn.	162.98 bn.
India's Total Imports	235.33 bn.	251.56 bn.

(All figures in US$)

Top 10 Export Destinations: USA, UAE, Singapore, China, Hong Kong, Netherlands, U.K., Germany, Saudi Arabia and Belgium.

Top 10 Import Sources: China, Saudi Arabia, UAE, USA, Switzerland, Iran, Germany, Nigeria, Kuwait and Australia

STATISTICS FOR TOP 10 IMPORT SOURCES (2008 – 09; Apr - Dec.)

COUNTRY	*VALUE (in US$ bn.)*
CHINA	24.2
SAUDI ARABIA	17.02
U.A.E.	15.46
U.S.A.	13.9
SWITZERLAND	10.8
IRAN	10.1
GERMANY	8.3
NIGERIA	8.1
KUWAIT	7.9
AUSTRALIA	7.6

STATISTICS FOR TOP 10 EXPORT DESTINATIONS (2008 –09; Apr - Dec.)

COUNTRY	*EXPORTS VALUE (in US$ bn.)*
U.S.A.	15.7
U.A.E.	14.6
SINGAPORE	6.5
CHINA	6.1
HONG KONG	4.8
NETHERLANDS	4.8
U.K.	4.6
GERMANY	4.3
SAUDI ARABIA	4.09
BELGIUM	3.46

September,2009