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About India

About India


India, officially the Republic of India a country in South Asia. It is the seventh-largest country by area, the second-most populous country (with over 1.2 billion people), and the most populous democracy in the world. Bounded by the Indian Ocean on the south, the Arabian Sea on the south-west, and the Bay of Bengal on the south-east, it shares land borders with Pakistan to the west;[d] China, Nepal, and Bhutan to the north-east; and Myanmar (Burma) and Bangladesh to the east. In the Indian Ocean, India is in the vicinity of Sri Lanka and the Maldives; in addition, India’s Andaman and Nicobar Islands share a maritime border with Thailand and Indonesia.

Economy & Industry

Currently, the Indian economy is the world’s seventh-largest by nominal GDP and third-largest by purchasing power parity (PPP).[18] Following market-based economic reforms in 1991, India became one of the fastest-growing major economies; it is considered a newly industrialized country. India’s manufacturing sector has evolved through several phases – from the initial industrialization and the license raj to liberalization and the current phase of global competitiveness.
The Indian economy is firmly on the path of steady growth. This recent spurt in growth is propelled by radical reforms such as the removal of restrictions on foreign investment and industrial de-licensing. Indian engineering manufacturing sector employs over 4 million skilled and semi-skilled workers. The engineering manufacturing sector comprises of heavy engineering (70%) and light engineering (30%).

Demographics Advantage

• The country is expected to rank amongst the world’s top three growth economies and amongst the top three manufacturing destinations by 2020.
• Favorable demographic dividends for the next 2-3 decades. Sustained availability of quality workforce.
• Strong consumerism in the domestic market.
• Strong technical and engineering capabilities backed by top-notch scientific and technical institutes.
• The cost of manpower is relatively low as compared to other countries.


• Industrial Parks: Every state in India has developed industrial parks for setting up of industries.
• National Investment & Manufacturing Zones: NIMZ is a combination of production units, public utilities, logistics, residential areas and administrative services. It would have a processing area, where manufacturing facilities, along with associated logistics and other services and required infrastructure will be located, and a non-processing area, to include residential, commercial and other social and institutional infrastructure.
• Special Economic Zones: India has also developed SEZs that are specifically delineated enclaves treated as foreign territory for the purpose of industrial, service and trade operations, with relaxation in customs duties and a more liberal regime in respect of other levies, foreign investment.
• Sector specific clusters: like electronic manufacturing clusters, mega food parks etc: The government of India has been promoting the development of sector specific parks.
• Country specific zones: The country also have few dedicated zones for industrial units from countries for example Neemrana Japanese Zone etc.
• Industrial corridors: The Government of India is developing the Delhi-Mumbai Industrial Corridor (DMIC) as a global manufacturing and investment destination utilizing the 1,483 km-long, high-capacity western Dedicated Railway Freight Corridor (DFC) as the backbone. The objective is to increase the share of manufacturing in the GDP of the country and to create smart sustainable cities where manufacturing will be the key economic driver.
• Other four corridors: planned include Bengaluru Mumbai Economic Corridor (BMEC); Amritsar – Kolkata Industrial Development Corridor (AKIC); Chennai Bengaluru Industrial Corridor (CBIC), East Coast Economic Corridor (ECEC) with Chennai Vizag Industrial Corridor as the first phase of the project (CVIC).