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COUNTRY SPECIFICBUSINESS ANALYSIS INDIA VS NIGERIA Presented By Keshaw Kumar Sahu
Comparison India NigeriaPopulation 1,220,200,000 (2012) 170,123,740 (2012)Population Growth Rate 1.312% (2011 est.) 2.553% (2011 est.)Population Growth Rate 1.312% (2011 est.) 2.553% (2011 est.)Birth rate 20.6 births/1,000 39.23 births/1,000 population (2011 est.) population (2011 est.)Labour Force 487.6 million (2011 est.) 48.53 million (2011 est.)Population below poverty line 29.8% 45%GDP $1.847 trillion $415 billionGDP Growth rate 5.5% (Q1, 2012) 5.5% (Q1, 2012)
Comparison India NigeriaDGP Per Capital $1,514 (nominal: 139th) $2,500GDP by Sector agriculture: 17.2%, agriculture: 40%; services: industry: 26.4%, services: 30%; manufacturing: 15%; 56.4% oil: 14%Currency 1 Indina rupee Nigerian naira (N) (NGN) (INR)=m100 PaiseExports $299.4 billion $45.43 billionExports Goods petroleum products, petroleum and precious stones, petroleum products 95%, machinery, iron and cocoa, rubber, steel, chemicals, vehicles, machinery, processed apparel foods, entertainmentImports $461.4 billion $42.1 billionMain Imports China 12.1%, UAE 8.3%, China 16.1%, Netherlands Saudi Arabia 5.8%, US 11.3%, United States 9.8%,
PublicFinancesRevenues $196.4 billion (2011 est.) $10.49 billionPublic Debt 68.05% of GDP 17.8% of GDPExpenses $308.8 billion $18.08 billionForeign $295.29 billion $33 billionreservesCultureIssueReligions Hindu 80.5%, Muslim 13.4%, Christian Muslim 50%, Christian 2.3%, Sikh 1.9%, other 1.8%, 40%, indigenous beliefs unspecified 0.1% 10%Languages Hindi(official), English(Subsidiary English (official), Hausa, official), Bengali, Telugu, Marathi, Yoruba, Igbo (Ibo), Tamil, Urdu, Gujarati, Kannada, Fulani, over 500 Malayalam, Oriya, Punjabi, additional indigenous Assamese, Maithili, Chhattisgarhi, languages Others
Literacy definition: age 15 and over definition: age 15 and over can read can read and write and write total population: 61% total population: 68% male: 73.4% male: 75.7% female: 47.8% female: 60.6%School life total: 10 years total: 9 yearsexpectancy(prim male: 11 years male: 10 yearsary to tertiary) female: 10 years female: 8 yearsPolitical IssuesGovt. Types federal republic federal republicEnergy StatsCoal 399,000,000 70000ConsumptionCoal>Production 407013000ton 8000ton
Currency - value in relation to USD over the past two years on a monthly basis.Month INR/USD NGN/USDDecember 2010 0.0218 0.0065January 2011 0.0217 0.0065February 2011 0.0218 0.0065March 2011 0.0219 0.0064April 2011 0.0222 0.0065May 2011 0.0221 0.0063June 2011 0.0220 0.0064July 2011 0.0223 0.0065August 2011 0.0219 0.0065September 2011 0.0208 0.0064October 2011 0.0200 0.0062November 2011 0.0196 0.0065December 2011 0.0187 0.0061January 2012 0.0191 0.0061February 2012 0.0201 0.0062March 2012 0.0196 0.0063April 2012 0.0190 0.0063May 2012 0.0182 0.0063June 2012 0.0178 0.0061July 2012 0.0180 0.0061
TOPOGRAPHY OF INDIA India the seventh largest country in the world , is well marked with off from the rest of Asia by mountains and the sea, which gives the country a distinct geographical entity. It covers an area of 32,87,2631 sq.km. Bounded by the great Himalayas to the north , it stretches southwards and at the Tropic of Cancer, tapers off in the Indian ocean between the Bay of Bengal on the east and the Arabian sea to the west.
Topography of Nigeria The topography of Nigeria consists of plains in the north and south interrupted by plateaus and hills in the centre of the country. The Sokoto Plains lie in the northwestern corner of the country, while the Borno Plains in the northeastern corner extend as far as the Lake Chad basin. The Lake Chad basin and the coastal areas, including the Niger River delta and the western parts of the Sokoto region in the far northwest, are underlain by soft, geologically young sedimentary rocks.
Climatic conditions of India India has Tropical Monsoon type of climate. The word monsoon has been derived from the Arabic word Mausim which means seasonal reversal of the winds during the course of the year.Climatic conditions of Nigeria Nigeria enjoys the humid tropical climate type. Because of its location just north of the equator, Nigeria enjoys a truly tropical climate characterised by the hot and wet conditions associated with the movement of the Inter-Tropical Convergence Zone (ITCZ) north and south of the equator. Indian Trade India is an important trade partner for the EU and a growing economic power. With a growthrate of between 8 and 10% per year it is one of the fastest growing economies in the world. Per capita income more than doubled during the period 1990-2005. In parallel, in just four years, EU-India trade has increased by 31% to over €53 billion in 2009 and EU investment to India has more than quadrupled since 2003 to €3.1 billion in 2009. Internal Trade Barriers in India
NigeriaTariff and tariff administrationBarriers to customs procedures