Download India GDP Per Capita India`s GDP has more than quadrupled since

INDIA
India’s GDP has more than
quadrupled since 1990;
GDP per capita increased
from $309 in 1991 to $14,77
in 2010. The annual median
per capita income in India
stood at $616 in 2013, the
99th position among 131
countries. The median
household income is
$3,168.
India GDP Per Capita
India’s economy is the 7th
largest in the world,
measured by nominal
GDP, and the 3rd largest
by purchasing power
parity.
India is classified as a
newly industrialized
country, one of the G-20
major economies, and a
developing economy with
an average growth rate
over approximately 7%
over the past two
decades.
The minimum wage in India varies from US$2.40 per day in
Bihar to US$5.80 per day in Delhi. State governments set a
separate minimum wage for agricultural workers.
GDP by sector:
Agriculture: 16.1%
Industry: 54.4%
Services: 54.4%
India is home to the world’s 3rd largest pool of billionaires:
there were 111 billionaires in India in 2016.
Labor force: 502.1 million people
Labor force by occupation:
Agriculture: 49%
Industry: 20%
Services: 31%
• One of the fastest growing service sectors in the world
with annual growth rate of above 9% since 2001, which
contributed to 57% of GDP in 2012-13
• Major exporter of IT services, BPO services, and
software services with $167 billion worth of service
exports in 2013. The IT industry is the largest private
sector employer in India
• The 4th largest start-up hub in the world with over 3,100
technology start-ups in 2014-15
• India ranks second worldwide in farm output
• The Indian automobile industry is one of the largest in
the world with an annual production of 21.48 million
vehicles (mostly two and three wheelers) in 2013-14.
• India has $600 billion worth of retail market in 2015 and
one of the world’s fastest growing E-Commerce Markets.
India’s two major stock
exchanges – Bombay Stock
Exchange and National
Stock Exchange of India –
had a market capitalization
of US$1.71 trillion and
US$1.68 trillion respectively
as of February 2015, which
ranks 11th and 12th largest in
the world according to the
World Federation of
Exchanges.
India’s Top Exports
Petro Products
Gems and
Jewelry
Transport Parts
Fabric and
Textiles
Pharma
Metal Products
Electronics
Plastics
Machinery
China’s Top Industries
Professional
Services
Manufacturing
Technology
Retail Trade
Human Resources
Education
Business Support
Arts and
Entertainment
Food and
Beverage
Travel and
Tourism
Factor
Analysis
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Political
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India’s Constitution guarantees adult franchise and provides the framework for
women to participate actively in politics.
After prolonged deliberations, the government made the provision in the
Panchayat and Nagarpalika Bills of 1992 to reserve 33% of candidature and
constituencies in the local bodies – panchayats, municipalities, and corporations
– for women.
There is currently a bill to make the 33% quota apply to the national parliament.
Most women in national politics are from higher castes.
Factor
Analysis
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Economic
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Societal
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Technology
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Legal
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Over the last decade, economic growth has averaged 7.5-8% annually, and it is
projected at 8.75% for the coming years.
India’s GDP has more than quadrupled since 1990.
Collectively, women-owned businesses contribute 3.09% of industrial output,
employ over 8MM people – 78% of those businesses are in the service sector
and 98% are micro enterprises.
Access to finance remains an obstacle, with 90% of women business owners
using informal sources to finance their enterprises.
The Global Gender Gap Index ranks India 121 out of 135 countries on the
educational attainment sub-index due to persistent gender disparities in
primary-tertiary education.
Women have been subject to entrenched cultural biases.
Sex-selective abortions have occurred at staggering rates despite a 1996 ban
on screening for such purposes. Researchers say up to 600,000 female fetuses
are aborted in India every year, or 2.2% of the annual birth rate.
According to the IFC, there is a perception that bank branches are unwelcoming
to women customers.
The Hindu Succession Act of 2005 granted women equal inheritance rights to
ancestral and jointly owned property to help women gain greater equality.
Tech companies are reaching out to non-profits, academia, and social
enterprises as well as national and state-level women’s organizations to build
partnerships and networks to advance women’s business success.
Goldman Sachs has linked with the Indian School of Business to implement the
10,000 Women program in India to provide business training to women running
small and medium enterprises.
There are also indications that women’s participation in India’s technology
economy has improved their earning potential and bargaining power at home.
There are multiple other initiatives to help women better use technology in India
and to use it for running their businesses.
Women businesses are twice as likely as their male counterparts to provide
innovative solutions.
On paper, Indian women have all the same legal protections as men.
New laws passed provide women-owned businesses with significant subsidies.
Women in India have traditionally been marginalized in
society; there is only 25% labor participation rate of women
and much lower literacy rates. Large urban cities have seen
much improvement in women equality and participation in the
economy with 41,000 small to mid-size women-owned
businesses. WEConnect International is tracking 620 selfregistered and 46 certified businesses. The Certified
businesses generate $127 MM annually and 42% have
experienced revenue growth since 2012.
Professional Services is the largest sector for women-owned
businesses. Manufacturing is the second largest industry, but
IT is the fastest growing industry. Although competition is
increasing in all major industries as India’s economy expands,
the power of women-owned businesses is increasing—
especially in IT. Barriers to entry are generally being lowered
as women-owned businesses are gaining greater access to
capital and have additional support through government
policies. Women-owned businesses can compete favorably as
long as they have access to buyers.
India’s Business Landscape by Industry
WEConnect International Activity in China (2015)