India Travel GuideIndia FactsTravel GuideVisas and Immigration | Entry | Customs | Currency | Climate | Dress | LanguageHealth | Maps Background InformationIndia History | India Culture | Independence | The Economy and BusinessThe Economy and BusinessThe EconomySeventy percent of the population live in rural India with agriculture and associated cottage industries providing the major occupation.A wide variety of crops and vegetables are grown so successfully that India has become a surplus food producer. The dairy, poultry and the fishing industry are also well developed. India has a well -diversified economy and has introduced a number of ambitious economic reforms to de-regulate and attract foreign investment. The country has a stable and committed democracy and its political institutions have contributed to an open society with a dynamic and highly competitive private sector. BusinessIndia is one of the fastest growing markets in the world with skilled managerial and technical manpower that matches the best throughout the world.India is now one of the top five industrialised nations of the world. A new affluent middle class is emerging in the cities and a new working class is emerging where the social and cultural order has transcended the old caste system. A free and vibrant press, a judiciary that can and does overrule the government and a zealous intelligentsia are the hallmarks that now define India. |