Himesh Panchal SYBMS- 67

Indian Economy’s Position In The World !

• 7th Largest Economy In The World W.R.T Gross Domestic Product) GDP.

• 3rd Largest By Purchasing Power Parity (PPP).

• India’s Economy Has Become World’s Fastest Growing Economy from last quarter of 2014. Previously It Was China.

• India Is World’s 4th Largest Start-up hub in World with over 3,100 technology start-ups in 2014-15.

• India Ranks 2nd in the world in farm output.

• Indian Auto Industry is world’s one of the largest automobile industry with production of 21.48 million vehicles i.e 21.48*10lakhs since 1 million= 10 lakhs.

• India’s 2 Stock Exchanges Bombay Stock Exchange 11th rank National Stock Exchange 12th rankaccording to World Federation Of Exchange.

• India is World’s 3rd largest billionaire pool with 97 billionaires.

• 4th largest number of ultra high net worth households that have more than 100 million dollars value.

• India’s Economy Has Potential To become world’s 3rd largest economy in next decade and one of the largest economy in world in mid century.

• International Monetary Funds Refers India’s Economy As ‘ Bright Spot ‘

Member OF ?• Common Wealth Of Nations• The South Asian Association For Regional

Cooperation.• The G-20• The International Monetary Funds.• The World Bank Organisation.• The Asian Infrastructure Investment

Bank• The United Nations.• BRICS Bank.

How Did India’s Economy Flourish ?• India’s Economy Is Developing With

approximate rate of 7% for last 2 decades. • All The Long Term Development Plans Give

Positive Results Because Of Young Population Corresponding to low dependency ratio, Healthy Savings, Investment Rates etc.

• India Has Fastest Growing Service sector (Tertiary Sector) with growth rate above 9% annually which contributes 57% Of GDP.

• I.T Industry is largest private sector employer in India.

• Retail Market Of India has value of 600 Bn. Dollars i.e 38,28,000 Cr. Rs