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Economic Fact Sheet Economic Fact Sheet

Economic Fact Sheet

Economic Fact Sheet

India - Economic

Currency: Indian National Rupee (INR)

Area Total: 3.3 Million sq. km

Economic Indicators: INDICATOR

2021-22

2022-23

2023-24

2024-25

GDP in trillion Rs.

(at current market prices)

235.97

269.50

295.36

324.11

GDP Growth Rate %

8.7

7.2

8.2

6.5

Inflation %

5.2

6.7

5.4

4.6

Gross Domestic Product (GDP) Composition by Sector (FY 2024-25)

  • Manufacturing, Construction, Electricity, Gas and Water supply: 22.65%

  • Financing, Real Estate & Professional Services: 20.63%

  • Trade, Transport, Hotels and Communication: 15.60%

  • Agriculture, Forestry & Fishing, Mining and Quarrying: 17.7%

  • Public Administration, defence and other services: 13.69%

More information on the Macro Economic Indicators of India is available on the Economic Survey website at https://www.indiabudget.gov.in/economicsurvey

Trade & Investment:

(All figures in US$ billion)

INDICATOR

2022-23

2023-24

2024-25

India's Total Trade

1,167.04

1,115.28

1,158.83

India's Total Exports

451.07

437.07

437.51

India's Total Imports

715.97

678.21

721.32

India’s top 10 export destination 2024-25: USA, UAE, Netherlands, UK, China, Singapore, Saudi Arabia, Bangladesh, Germany, and Australia

India’s top 10 import sources 2024-25: China, Russia, UAE, USA, Saudi Arabia, Iraq, Indonesia, Switzerland, Singapore, and Korea RP

Statistics for top 10 export sources: FY 2024-25 in US $ million


S.No.

Country

2024-25

1

USA

86,510.82

2

UAE

36,636.22

3

Netherlands

22,760.62

4

UK

14,549.71

5

China

14,252.10

6

Singapore

12,975.39

7

Saudi Arabia

11,756.23

8

Bangladesh

11,455.99

9

Germany

10,536.17

10

Australia

8,578.84

Statistics for top 10 import destination: FY 2024-25 in US $ million

S.No.

Country

2024-25

1

China

1,13,456.63

2

Russia

63,843.56

3

UAE

63,422.96

4

USA

45,694.74

5

Saudi Arabia

30,121.40

6

Iraq

28,891.20

7

Indonesia

22,778.45

8

Switzerland

21,803.80

9

Singapore

21,290.14

10

Korea RP

21,072.21

More Information on India's foreign trade is available on the website of the Department of Commerce at https://www.commerce.gov.in/trade-statistics/

FDI Investments:

(All figures in US$ billion)

FY

2022-23

2023-24

2024-25

Total FDI

46.03

44.42

50.02

Cumulative Total from April 2000 till March 2025: US $ 1,072.34 bn.

Share of Top Investing Countries in total FDI Equity Inflows: Mauritius (25%), Singapore (24%), USA (10%), Netherlands (7%), Japan (6%), UK (5%), UAE (3%), Cayman Islands

(2%), Germany (2%), Cyprus (2%) (As of March 2025)

Major Sectors Attracting Highest FDI Equity Inflows: Services Sector (16%), Computer Software and Hardware (15%), Trading (7%), Telecommunications (5%), Automobile Industry (5%), Construction Infrastructure (5%), Construction Development (4%), Drugs and

Pharmaceuticals (3%), Chemicals (3%), Non-Conventional Energy (3%) (As of March 2025)

Leading Investing Countries: Mauritius, Singapore, USA, Netherland, Japan, UK, UAE

More information on FDI investments is available on the website of Department of Industrial Policy & Promotions at https://dpiit.gov.in/publications/fdi-statistics

Foreign Exchange Reserves: US$ 691.49 bn. (as on 30 May 2025)

Financial Year: April 1 – March 31

Main mineral resources: Iron ore, Zinc, Chromite, Bauxite, Manganese ore, Limestone

Principal Crops: Sugarcane, Wheat, Rice, Maize, Cotton

Currency: (1 USD =85.46 Rs; 1 Euro=98.08 Rs) (as on 11 June 2025)