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 Based upon my study I found…  India is a 2 nd World Demographic nation and a 3 rd world Economic nation.  Fortunately India is improving,

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Presentation on theme: " Based upon my study I found…  India is a 2 nd World Demographic nation and a 3 rd world Economic nation.  Fortunately India is improving,"— Presentation transcript:

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8  Based upon my study I found…  India is a 2 nd World Demographic nation and a 3 rd world Economic nation.  Fortunately India is improving, especially in the demographic area.  This PowerPoint will focus on the current status of India and why its improving.

9  India has over 1.2 billion people, making it the world’s second largest country.  One of the world’s top industrial countries.  Labor force is divided: 60% agriculture, 12% industry, 28% service.  More than half of India’s land is used for farming  Two-thirds of the people live in rural areas. Urban areas are very crowded.  Some challenges: not enough jobs, 30% of population in poverty, and high population growth.

10  India is improving economically because of it diverse array of products which it exports, increased focus on education, and the rising tourism industry.  These are the factors that are leading to economic improvement in India.

11  India is a major exporter of: Agriculture, Jewelry, and Textiles  Agriculture :  India is one of the biggest agriculture producer.  Agricultural products include tea, basmati rice, spices, tropical fruits and nuts, fish products and jute and cotton.  Largest exporter of rice.  Exports these products all over the world to US, Europe, and Middle East.

12 Textiles : Textiles is one of the earliest industries in the country, and accounts for 14% of the total industrial production. Produces about 30% of the total exports and is the second largest employment creator after agriculture Current share in world export of textiles is 4 %. Current share in world clothing export – 3 %. Major export market – Europe (22% share in textiles & 43% share in apparel). Single largest buyer – US ( 10% share in textiles and 32.65 share in apparel). Other major export markets include - UAE, Saudi Arabia, Canada, Bangladesh, China, Turkey and Japan

13  Jewelry:  India produces 800 tons of gold, which is 20 % of global gold consumption.  Nearly 600 tons of this goes into jewelry.  Currently, India is the world’s largest diamond processing (cutting and polishing) country with around 1 million processors treating over 57 % of the world’s rough diamonds.  Largest exporter of cut and polished diamonds.  Diamonds accounted for 64 % of the total exports. Gold jewelry accounted for 30% of total export.  The majority of jewelry is exported to the US.

14  India has made significant progress in education.  Literacy rates have expanded from about 50% to 70% of the population over 1991 to 2011.  India's improved education system is often cited as one of the main contributors to the economic rise of the county.  India is expanding in the fields of science, math, and technology. India is renowned for its technical IT talent producing more English-speaking IT graduates every year than any other country in the world.  India has a skilled, English-speaking workforce making it compelling reason to outsource jobs here. Due to the lower cost of living in India, American companies are able to save hundreds of millions of dollars  Currently improving education is the best way to combat poverty.

15  Tourism in India is a large industry.  Tourism in India generates an estimated $121 billion, or 6.4% of the nation's GDP.  It is responsible for 40 million jobs, 7.9% of its total employment.  World Travel and Tourism Council predicts the annual growth to be 8.8% between 2011 and 2021.  6.3 Million Foreign tourists visit India each year.

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18  India is a 2 nd world demographic nation and a 3 rd world economic nation.  The following data shows why this is so.

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28  Fortunately India is improving overall.  The following graphs show its progress over the last ten years; showing its trends and predicting its future state of affairs.

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