economy of india

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Economy of India

The Economy of India is the tenth-largest in the world by nominal GDP and the third-largest by purch

India s infrastructure and transport sector contributes about 5 Percent of its GDP. India has the world s second largest road network in quantitative terms, covering more than 4.3 million kilometers. Qualitatively, India s roads are a mix of modern highways and narrow, unpaved roads. India also has the lowest kilometer lane road density per 100,000 people among G 27 countries leading to traffic congestion. It is upgrading its infrastructure. As of May 2014, India had completed and placed in use over 22,600 kilometres of recently built 4 or 6 lane highways connecting most of its major manufacturing, commercial and cultural centers. India s road infrastructure carries 60 Percent of freight and 87 Percent of passenger traffic.

Indian Railways is the fourth largest rail network in the world, with a track length of 114,500 kilometers and 7,172 stations. This government owned and operated railway network carried an average of 23 million passengers a day, and over a billion tonnes of freight a year. India has a coastline of 7,500 kilometers with 13 major ports and 60 operational non major ports, which together handle 95 Percent of the country

Market size
Research and development
Security Markets
Banking and finance
Challenges before Indian economy
Natural gas
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