Israel India | Business Guide | 2017

India > More Information > 109 Location: The Indian Peninsula is separated from mainland Asia by the Himalayas.The Bay of Bengal in the east, the Arabian Sea in the west, and the Indian Ocean to the south surround the country. Area: 3.3 Million sq km Population : 1.2 billion (approx.) Geographic Coordinates: Lying entirely in the Northern Hemisphere, the mainland extends between latitudes 8°4' and 37°6' north,longitudes 68°7' and 97°25' east. Capital : New Delhi Border Countries: Afghanistan and Pakistan to the north-west; China, Bhutan and Nepal to the north;Myanmar to the east; and Bangladesh to the east of West Bengal. Sri Lanka is separated from India by a narrow channel of sea, formed by Palk Strait and the Gulf of Mannar. Coastline: 7,516.6 km encompassing the mainland,Lakshadweep Islands, and the Andaman & Nicobar Islands. Climate: The climate of India can broadly be classified as a tropical monsoon one. But, despite much of the northern part of India lying beyond the tropical zone, the entire country has a tropical climate marked by relatively high temperatures and dry winters. There are four seasons - (i) winter (December- February), (ii) summer (March- June), (iii) south-west monsoon season (June-September), and (iv) post-monsoon season (October- November). Natural Resources: Coal, iron ore, manganese ore, mica, salt, bauxite, petroleum, titanium ore, chromite, natural gas, magnesite, limestone, dolomite,barytes,kaolin,gypsum, apatite, phosphorite, steatite, fluorite, etc. Key Economic Indicators: • Economic growth is supported by market reforms, substantial inflows of FDI, rising foreign exchange reserves, IT and real estate boom, and a flourishing capital market. • With the largest number of listed companies - 10,000 across 23 stock exchanges, India has the third-largest investor base in the world. • India has a large domestic consumer market – 1.2 billion population including 300million classified as middle class (earning US$ 2000- US$ 22,000 a year). In fact, according to a study by the McKinsey Global Institute (MGI), India’s consumer market will be the world’s 5th largest in the world by 2025. I ndia is the seventh country by area, the second-most populous country, and the most populous democracy in the world. The Indian economy was the world's seventh largest by nominal GDP and largest by purchasing power parity. Following market-based economic reforms in 1991,India became one of the fastest-growing major economies and is considered a newly industrialized country. • In addition, India is among the world's youngest nations with a median age of 25 years. Its working age population is estimated to rise to 70% of the total demographic by 2030 - the largest in the world.India will see 70 million new entrants to its workforce over the next five years. India-Israel Trade: Major exports from India to Israel include precious stones and metals, chemical products, textile and textile articles,plants and vegetable products,mineral products, rubber and plastic products, base metals and machinery. Major exports from Israel to India include precious stones and metals, chemical and mineral products, base metals,machinery,and transport equipment. While the traditional business thrust in diamonds, agriculture, chemicals, information & communication technology and pharmaceuticals remains strong, there is a growing interest from Israeli companies in clean energy, water technologies, biotech, nanotech, homeland security, real estate, infrastructure and financial services. Type of Government: Sovereign Socialist Democratic Republic with a Parliamentary System of Government. Administrative Divisions:29 States and 6 Union Territories. Constitution: The Constitution of India came into force on 26th January 1950. India in Brief Facts and Figures about India photo by: © Asitjain,Wikimedia Commons photos: Dreamstime.com Taj Mahal photo by: © Kshishtof ISKCON Delhi Temple photo by: © Zepherwind Sambhar salt lake, Rajasthan photo by: © Dbyjuhfl