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Facts About Indian Economy

Last updated: March, 2021
 

  • Between April 2020 and October 2020, FDI inflows in India stood at US$ 46.82 billion, which were 11.3% higher than the first seven months of 2019-20.
  • India's foreign exchange reserves stood at US$ 580.8 billion, as of December 25, 2020, according to data from RBI.
  • India’s overall exports from April 2020 to December 2020 were estimated at US$ 348.49 billion, (a 12.65 % decrease over the same period last year). Overall imports from April 2020 to December 2020 were estimated at US$ 343.27 billion, (a 25.86% decrease over the same period last year).
  • Between April 2020 and December 2020, Indian drugs & pharmaceuticals exports stood at US$ 18.07 billion, an increase of 15.62% YoY.
  • According to Reserve Bank of India (RBI), India’s Outward Foreign Direct Investments (OFDIs) in equity, loan and guaranteed issue stood at ~US$ 1.45 billion in December 2020 vs. US$ 1.06 billion in November 2020.
  • Mutual funds’ asset base stood at Rs. 30.96 trillion (US$ 424.06 billion) in December 2020.
  • The combined index of eight core industries stood at 125.9 in November 2020.
  • India’s Index of Industrial Production (IIP) for November 2020 stood at 126.3, against 128.5 for October 2020.
  • Wholesale Price Index (WPI) for all commodities increased to 124.5 in December 2020 from 124.2 in November 2020.
  • Consumer Food Price Index (CFPI) – combined inflation was 3.41% in December 2020, against 9.50% in November 2020.
  • Consumer Price Index (CPI) – combined inflation was 4.59% in December 2020, against 6.93% in November 2020.

 

Note: Conversion rate used for January 2021 is Rs. 1 = US$ 0.014s