Unit 7: Industrial and Economic Development

GDP by Sector

https://statisticstimes.com/economy/country/india-gdp-

Agriculture

17.7%

Industry

27.6%

Service

54.7%

Non-agrarian Industries

India has a diverse non-agrarian economy with key sectors like manufacturing, construction, transport, IT, health, hospitality, trade, education, and financial services.

https://www.downtoearth.org.in/agriculture/india-s-non-agrarian-rural-economy-struggles-for-sustenance-65225

https://www.google.com/url?

Exports & Rank

In 2023, India was the 12th largest exporter globally, with total exports of $441 billion

https://www.eximpedia.app/blog/india-top-export-

https://www.google.com/url?

Industrial Exports

India's industrial exports are diverse and significant, with key categories including petroleum products, gems and jewelry, textiles and garments, and pharmaceuticals.

https://pib.gov.in/PressReleasePage.aspx?

https://www.google.com/imgres?

Trading Partners

India's major export and import partners include the United States, the United Arab Emirates, China, and Russia.

https://www.eximpedi

https://www.google.com/imgres?

GDP and PPP

India is the world's third-largest economy in terms of GDP (PPP) (Purchasing Power Parity), and its nominal GDP ranks fifth globally. In 2024, India's GDP (PPP) was estimated at $14.018 trillion, and it is projected to reach $14.929 trillion in 2025.

https://data.worldbank.org/indicator/NY.GDP.MKTP.PP.CD?locations=IN

https://www.google.com/url?

GDP per Capita

In 2022, India's GDP per capita adjusted for purchasing power parity (PPP) was $7,112.04. India ranks third in the world by GDP (PPP) per capita,.

https://data.worldbank.org/indicator/NY.GDP.PCAP.PP.CD?locations=IN

https://www.google.com/imgres?

Unemployment

India's unemployment rate is currently at 4.9% .

https://tradingeconomics.com/india/unemployment-rate

https://www.google.com/url?

Poverty

In 2021, approximately 12.92% of India's population lived below the poverty line at the $2.15 per day threshold

https://pip.worldbank.org/country-profiles/IND

https://www.google.com/imgres?

Life Expectancy

The average life expectancy of someone in India is 67.74 with Italy's country ranking being 135th.

https://www.worldometers.info/demographics/life-expectancy/

https://www.google.com/imgres?

Infant Mortality

In 2022, India's infant mortality rate was 25.5 deaths per 1,000 live births, ranking 49th globally

https://www.macrotrends.net/global-metrics/countries/IND/india/infant-mortality-rate

https://www.google.com/url?

Physicians Density

India recorded numbers at 0.9 doctors per 1,000 people,

https://www.statista.com/chart/21168/doctors-per-1000-inhabitants-in-

https://www.google.com/url?sa=i&url=https%3A%2F%2Finvesti

School Life Expectancy

In India, school life expectancy (SLE) is slightly different between geders. Girls stay in school an average of 4.9 years while men stay in school 4.9 years.

https://tradingeconomics.com/india/school-life-expectancy-primary-male-years-

https://www.google.com/url?

Literacy Rate

The overall literacy rate in India is 74.04%.

https://www.macrotrends.net/global-metrics/countries/ind/india/literacy-

https://www.google.com/url?

Education Spending

India's education spending is around 3-3.5% of GDP and their ranking is 131.

https://data.worldbank.org/indicator/SE.XPD.TOTL.GD.ZS?locations=IN

https://www.google.com/imgres?

HDI

The ranking of India's HDI is medium due to their ranking of 134. This is based on India having an extremely low life expectancy being ranked at 135. Their low expectancy paired with their high GNI causes them be ranked as medium.

https://hdr.undp.org/data-center/specific-country-data#/countries/IND

Rostow

India is classified as being in the rake off stage. Characteristics of this stage include industrialization, increased urbanization, and a shift out of agriculture. This different features can be found in India which can be seen from their increasing percentage of Industry.

https://www.thoughtco.com/rostows-stages-of-growth-development-model-1434564