Coffee in India is grown in one of the world's rainiest inhabited region that receives 2,500 to 4,000 mm rainfall spread over 100 days, followed by more than 100 days of continuous dry period. Coffees of India are grown under a thick natural shade.
Cotton plays an important role in the Indian economy as the country's textile industry is predominantly cotton based. India is one of the largest producers as well as exporters of cotton yarn.
IT and electronics sector is one of the fastest-growing segments of the Indian industry, both in terms of production and exports. In fact, software development and IT-enabled Services (lTeS) have contributed significantly to India's emergence as a global player.
The Indian engineering sector has witnessed tremendous growth, powered by significant investments in power projects and infrastructure development.
India has been a connoisseur of precious stones and beautiful ornaments. Trade secrets have been handed down generations, ensuring continuity of a traditional craft. India is today the world's largest diamond cutting and polishing centre.
Klaus Schwab, Chairman
World Economic Forum
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