Detail Factual Overview

Economy

• Nominal GDP: ~$3.7 trillion (2024 estimate; 5th largest globally)
• GDP (PPP): ~$13 trillion (3rd largest globally)
• Key Sectors:
  • Agriculture: Rice, wheat, sugarcane, cotton, tea
  • Industry: Steel, chemicals, cement, pharmaceuticals, IT
  • Services: IT services, telecommunications, finance, tourism
• Major Exports: Petroleum products, gems & jewelry, machinery, software, textiles
• Major Imports: Crude oil, gold, electronics, chemicals
• Stock Exchanges: BSE (Bombay Stock Exchange), NSE (National Stock Exchange)
• Unemployment Rate: Varies; ~7.8% (early 2024 average)