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This presentation from the CIBER Conference highlights the vital aspects of doing business in India, emphasizing key statistics such as GDP of $1.7 trillion and an impressive growth rate of 8% for the year ending March 2012. It also discusses demographic details, including a population of 1.1 billion with 70% living in rural areas, and significant improvements in literacy and poverty levels since 1978. Additionally, the session covers India's rich historical context, from the Indus Valley Civilization to the economic liberalization of the 1990s, shaping its current business landscape.
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1. Doing Business in India CIBER Conference, East Lansing, MI - November 2011
2. Key Statistics GDP of $ 1.7 trillion (4th largest economy in the world)
GDP growth rate of 8% ( year ending March 2012)
Population 1.1 billion ( 70% rural)
27% of the population below the poverty line in 2005 vs. 53% in 1978
63% literacy rate in 2006 vs. 53% in 1978
29 major languages and more than 2000 ethnic groups
3. History Indus Valley Civilization flourished during the 3rd and 2nd millennia B.C.
The Classical Indian culture dates from around 1500 B.C.
British rule from the 19th century till 1947
Parliamentary system, based on the Constitution, with power divided between the Center and the States
Economic Liberalization began in the early 1990s and has served to accelerate the countrys growth and spread the benefits
4. The Economy