Economic Fact Sheet

Gross Domestic Product (GDP) Composition by Sector (FY 2019-20 estimate)

• Manufacturing & Construction: 27.8%
• Financing, Insurance, Real Estate & Other Business Services: 22.35 %
• Trade, Transport, Hotels and Communication: 19.32%
• Agriculture & Forestry: 16.8%
• Community Social & Personal services: 13.73%

The Indian economy is expected to grow at 5.8 per cent in FY 2020-21, as per the forecast by the International Monetary Fund (IMF).

More information on the Macro Economic Indicators of India is available on the Economic Survey website at https://www.indiabudget.gov.in/economicsurvey

Trade & Investment:

 (All figures in US$ billion)

India’s top 10 export destination 2019-20*: USA, UAE, China, Hong Kong Singapore, UK, Netherland, Germany, Bangladesh, and Nepal

India’s top 10 import sources 2019-20*: China, USA, UAE, Saudi Arabia, Iraq, Switzerland, Hong Kong, Korea RP, Indonesia, and Singapore

More Information on India's foreign trade is available on the website of the Department of Commerce at https://commerce-app.gov.in/eidb/default.asp

FDI Investments:

(All figures in US$ billion)

(* P: Provisional)

Cumulative Total from 2000 till December 2019: US $ 658.89 bn.

Share of Top Investing Countries FDI Equity Inflows: Mauritius (31%), Singapore (21%), Japan (7%), Netherlands (7%), USA (6 %), UK (6%), Germany (3%) (as in December 2019)

Major Sectors Attracting Highest FDI Equity Inflows: Services Sector (18%), Computer Software and Hardware (10%), Telecommunications (8%), Automobile (5%), Drugs and Pharmaceuticals (4%), Construction (4%), Power (4%) (as in December 2019)

Leading Investing Countries: Mauritius, Singapore, Japan, Netherlands, USA & UK

More information on FDI investments is available on the website of Department of Industrial Policy & Promotions at https://dipp.gov.in/publications/fdi-statistics

Foreign Exchange Reserves (2019-20): USD 481.89 bn. (as on 13 March 2020)

Financial Year: April 1 - March 31

Main mineral resources: Iron ore, Zinc, Chromite, Bauxite, Manganese ore, Limestone
Principal crops: Sugarcane, Wheat, Rice, Maize, Cotton
Currency: (1 USD =75.62 Rs; 1 Euro=81.40 Rs) (as on 22 March, 2020)

Statistics for top 10 import sources: FY 2019-20* (Apr-Jan) in US $ million

Statistics for top 10 export destination: FY 2019-20* (Apr-Jan) in US $ million

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