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The Evolution of India's Agriculture and Industry: Key Contributions and Economic Growth

The Indian economy has shown significant growth, transitioning from a predominantly agriculture-based system to a dynamic mix of industries and services. With agriculture employing around 58% of the population, India stands as one of the largest producers of tea, milk, cereals, and cotton globally. The service and pharmaceutical sectors have transformed since the 90s, supported by a growing IT industry. India's vast, educated workforce and ongoing reforms in telecommunications and finance have positioned it as a key player in global markets, driving robust GDP growth.

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The Evolution of India's Agriculture and Industry: Key Contributions and Economic Growth

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  1. INDUSTRY & AGRICULTURE INDUSTRY & AGRICULTURE

  2. Indian Economy • Currency-rupee • Fiscal year-april1-march31 • US$ 1=48 INR in 2002 • Now INR 43 • Foreign reserves • In 92 –93 almost nil • In 2004-05 141 billion US$

  3. GDP Growth Average of 5.7 % Growth in Gross Domestic Product…..to rise to 7.5 by 2006

  4. GDP Contribution

  5. Agriculture • Largest producer of • Tea-India accounts of 14% of world trade in tea • Jute • Jute fiber • Highest in terms of total milk production in the world. • Third largest producer of cereals in the world : • wheat, rice and pulses. • 58% of population employed in agriculture

  6. Major Industries • Great Transformation from 90’s • Service industry • Pharmaceutical industry • Petrochemicals, Textiles & • manufacturing Industry • Information technology & Telecommunications

  7. Reforms in Service sector • Stock Exchange • Multi National Insurance cos • Multi National banks • Foreign Universities

  8. Modern India-BPO Business Process OutsourcingWhy India? • A booming IT industry recognized all across the world • Vast workforce which is -Educated, English speaking, -Cost-effective -tech-savvy personnel. • Tech-support • India graduates 100,000 engineers each year • a strong force for technical support.

  9. 20% Growth rate(crossed 10 millions) Fifth largest network in the world People below poverty line uses cell phones Maximum Public telephone Booths Any operator the right to provide any access service using any technology Telecommunications

  10. Gujarat Business State Of India ! Agriculture • 2/3rd of population employed in agriculture • Largest producer of Cotton, Tobacco and groundnut oil seeds Wheat, Millet and rice • Gujarat accounts to 1/3rd of groundnut seeds in India

  11. Indian Petrochemicals Corporation Ltd Vadodara

  12. Reliance Petrochemicals Jamnagar

  13. Steel Laxmi Mittal Turnover US$10 billion

  14. Amul Anand

  15. Diamond Industry Surat

  16. Shree Mahila Gruh Udyog Lijjat Papad

  17. Thank You President Shri APJ Abdul Kalam Prime Minister Shri Manmohan Singh

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