Market Brief on India August 2017 Location Facts and Figures India is bounded by the Indian Ocean on the south, the Bay of Bengal on the south-east and the Arabian Sea on the southwest. The country shares its land borders with Pakistan to the west, China, Nepal and Bhutan to the north-east, and Bangladesh and Myanmar (Burma) to the east. Total Population Area Time Zone Capital City International Telephone Code Currency Exchange Rate (09/08/17) GDP GDP per capita GDP Growth Rate Ease of Doing Business (World Bank 2017) Inflation Rate (2016) Official Language(s) Other Languages 1.324 billion 3.287 million km² UTC+05:30 New Delhi +91 Indian Rupee 1 US$ = 63.737 INR- Indian Rupee US$ 2 264 Billion US$ 1 709 7 % 130/190 6.07 % Hindi, English Bengali, Telugu, Marathi Cities & Population City Population Mumbai 12,691,836 Delhi 10,927,986 Bengaluru 5,104,047 Kolkata 4,631,392 Chennai 4,328,063 Ahmedabad 3,719,710 Hyderabad 3,597,816 Pune 2,935,744 Surat 2,894,504 Kanpur 2,823,249 Business Hours Banking Hours Literacy Rate 74% Measures Important International Participation 0800 hrs-1700 hrs Lunch 1300-1400 hrs 0900-1530 hrs (weekdays) 0830-1200 hrs (Sat) Metric System UN, BRICS, WTO, G4, SAARC (South Asian Association for Regional Cooperation),
Na US$ 000 India Trade with the World 550,000,000 500,000,000 450,000,000 400,000,000 350,000,000 300,000,000 250,000,000 200,000,000 2012 2013 2014 2015 2016 Imports 488,976,378 466,045,567 459,369,464 390,744,731 356,704,792 Exports 289,564,769 336,611,389 317,544,642 264,381,004 260,326,912 Major import sources of India (2016) Major export destinations of India (2016) 48% 17% 47% 1 China USA 4% 1 UAE Switzerland Indonesia Iraq other Saudi Arabia Korea, Republic of Germany Japan USA UAE Hong Kong China UK Singapore Germany Viet Nam Bangladesh Belgium Other
US$' 000 Major import products of India (2016) Major export products of India (2016) 24% 2 1 4% 9% Mineral fuels, mineral oils 10% 1 Natural or cultured pearls, precious or semi-precious stones, metals Electrical machinery and equipment and parts thereof. Machinery, mechanical appliances, nuclear reactors, boilers; parts thereof Organic chemicals Plastics and articles thereof Commodities not elsewhere specified Animal or vegetable fats and oils Iron and steel Optical, photographic, cinematographic, medical or surgical 41% 11% 4% Natural or cultured pearls, precious or semi-precious stones Mineral fuels, mineral oils Vehicles other than railway or tramway rolling stock Machinery, mechanical appliances Pharmaceutical products Organic chemicals Articles of apparel and clothing accessories Electrical machinery and equipment Articles of apparel and clothing accessories Iron and steel Other Zimbabwe-India Trade (US$ 000) 250,000 200,000 150,000 100,000 50,000 0-50,000-100,000-150,000-200,000-250,000 2012 2013 2014 2015 2016 Exports 3,376 10,352 30,489 22,498 48,435 Imports 133,153 195,129 197,964 234,441 116,662 Trade Balance (129,777) (184,777) (167,475) (211,943) (68,227) -India Reporting
Zimbabwe s major exports to India (2016) Zimbabwe's exports to India- Value in 2016, (US$ 000) Zimbabwe's exports to India-Annual growth in value between 2012-2016, %, p.a. India's imports from World-Value in 2016, (US$ 000) Natural or cultured pearls 32,696 1,431 48,129,744 Tobacco and manufactured substitutes 7,182-1 51,495 Nickel and articles thereof 4,423 76 556,515 Cotton 2,103-71 1,071,401 Ores, slag and ash 926 0 3,731,029 -India Reporting Zimbabwe products with export potential to India Zimbabwe's imports from India (2016) Iron & steel Fresh & dried vegetables (pigeon peas, kidney beans) Fresh or dried fruits (oranges) Black fermented tea Wattle extract Cigarettes of tobacco Leather & leather products Granite (polished or raw) Nickel Coke and semi-coke of coal Furniture (metal & wood) 14% 5 7% 9% Pharmaceutical products Machinery, mechanical appliances Electrical machinery and equipment Vehicles other than railway Miscellaneous chemical products Plastics and articles thereof Cereals Rubber and articles thereof other
Useful Addresses Preferential Trade Arrangements Embassy of India in Zimbabwe 12 Natal Road Belgravia P. O. Box 4620 Harare Tel: +263 4 795955-6 Fax: +263 4 722324 E-mail: pstohoc@embindia.org.zw Embassy of the Republic of Zimbabwe B-8 Anand Niketan New Delhi 110021 Tel: +91 11 26154313/4 Fax: +91 11 6884532 E-mail: envoy@zimhcindia.com; envoy@zihcindia.com Confederation of Indian Industry The Mantosh Sondhi Centre 23, Institutional Area, Lodi Road, New Delhi 110003 Tel: +91 11 45771000/24629994-7 Fax: +91 11 24626149 E-mail: info@cii.in Website: www.cii.in There are no binding Trade Agreement between Zimbabwe and India. Travelling to India Zimbabwe nationals must apply for a visa in person at the Indian Embassy. A valid passport (at least 6 months) is required. Options to travel to India by air include: Harare-Johannesburg-Mumbai Harare-Dubai-Mumbai Harare-Addis Ababa-Mumbai The Associated Chamber of Commerce and Industry of India 5, Sardar Patel Marg, Chanakyapuri New Delhi-110021 Tel: +91 11 46550555 Fax: +91 11 23017008, 23017009 E-mail: assocham@nic.in Website: www.assocham.org