Owing to its tremendous economic growth and robust financial system, India has become the fourth largest economy in the world. Between 1980 and 2010, India marked a growth of 6.2 per cent, while the rest-of-the-world, as a whole, registered an expansion of meagre 3.3 per cent. Hence, India's share in global gross domestic product (GDP) more than doubled from 2.5 per cent in 1980 to 5.5 per cent in 2010, according to the recent Economic Survey.
Rising disposable incomes, pool of talented workforce, larger young population and increasing exposure towards the global culture are certain factors that have set India apart as a separate league which is attracting all the major international players to invest in the country. The Indian Government also, is leaving no stone unturned to set the nation at-par with the international standards, by implementing as liberal and investor-friendly policy regime, as possible.
Location: India lies to the north of the equator in Southern Asia
Latitude: 8° 4' to 37° 6' north
Longitude: 68° 7' to 97° 25' east
Neighbouring Countries: Pakistan and Afghanistan share political borders with India on the West while Bangladesh and Myanmar stand adjacent on the Eastern borders. The northern boundary comprises the Sinkiang province of China, Tibet, Nepal and Bhutan. Sri Lanka is another neighbouring country which is separated by a narrow channel of sea formed by the Palk Strait and the Gulf of Mannar.
Capital: New Delhi
Coastline: 7517 kilometres (km), including the mainland, the coastlines of Andaman and Nicobar Islands in the Bay of Bengal and Lakshwadweep Islands in the Arabian Sea.
Climate: Southern India majorly enjoys tropical climate but northern India experiences temperatures from sub-zero degrees to 50 degrees Celsius. Winters embrace northern India during December to February while springs blossom in March and April. Monsoons arrive in July and stay till September, followed by autumn in October and November.
Area: India measures 3, 214 km from north to south and 2, 933 km from east to west with a total land area of 3,287,263 sq km.
Natural Resources: Coal (fourth-largest reserves in the world), iron ore, manganese, mica, bauxite, rare earth elements, titanium ore, chromite, natural gas, diamonds, petroleum, limestone, arable land.
Land: 2,973,190 sq km
Water: 314,070 sq km
Political System and Government:
The world's largest democracy implemented its Constitution in 1950 that provided for a parliamentary system of the Government with a bicameral parliament and three independent branches: the executive, the legislature and the judiciary. The country has a federal structure with elected governments in States.
Administrative Divisions: 28 States and 7 Union Territories
Constitution: The Constitution of India came into force on January 26, 1950