1. INDIA IN INTERNATIONAL BUSINESS By, ALIMITA BINTY AIMAN

3. The growth in the international business sector in India is more than 7% annually. There is scope for more improvement if only the relations with the neighboring countries are stabilized. The mind-blowing performance of the stock market in India has gathered all the more attention.

5. The eastern part of India is known as the 'Land of the intellectuals', whereas the southern part is known for its 'technology acumen'. On the other hand, the western part is known as the 'commercial-capital of the country', with the northern part being the ‘hub of political power'.

7. Telecommunication.

8. Pharmaceuticals and Biotechnology.

9. R&D.

10. Banking, Financial Institutions and Insurance & Pensions.

11. Capital Market.

12. Chemicals and Hydrocarbons.

13. Infrastructure.

14. Agriculture and Food Processing.

15. Retailing.

16. Logistics.

18. They help to build strong relationships with the different international business organizations and the multinational corporations.

21. The economies of China and India are considered to be the largest. Emerging market hedge fund capital reached a record new level in the first quarter of 2011 of $121 billion.

22. The ASEAN–China Free Trade Area, launched on January 1, 2010, is the largest regional emerging market in the world.INDIA: India ranks among the well known emerging markets in the global economic scenario. Since the economic liberalization policies were undertaken in the 1990s, emerging market India has really prospered which has helped to boost the Indian economy to a great extent.

27. Yet, despite these recent positive trends, India faces daunting challenges and policy decisions if it is to maintain high economic growth rates, employ its population, and raise incomes across the full range of households, skill levels, sectors, and regions. India remains the largest reservoir of poverty in the world.

29. For the fiscal year of 2008-09 China became the top trading partner of India beating the US. India-China trade stands at 1,63,202 crores.

30. China has managed to be India’ top trading partner in spite of the recent ban on various Chinese products (International Mobile Equipment Identity).

32. Top imports from China are Mineral Fuels (mineral Oils, mineral waxes etc), Organic Chemicals, Electrical machinery, Iron and Steel.

33. Top exports to the US are Pearls, articles of iron or steel, apparel and clothing.

37. The growth in GDP during 2009-10 is estimated at 7.2 per cent as compared to the growth rate of 6.7 per cent in 2008-09.

39. The cumulative growth for the period April-December 2009-10 stands at 8.6 percent over the corresponding period of the pervious year.

40. The IIP for 2010 :

41. Mining (206.0)-Growth of 9.5 %,

42. Manufacturing (360.7)-Growth of 18.5%

44. India’s exports during 2009 were valued at $14,606 million (Rs. 68,107 crore)

45. India’s exports during 2008 $13,368 million (Rs. 65,015 crore).

46. India’s imports during December, 2009 were valued at $ 24,753 million (Rs.1,15,420 crore)

47. India’s imports during December, 2008 $19,456 million( Rs. 94,625 crore).

49. The government intends to achieve an annual export growth of 15 percent with an annual export target of $ 200 billion by March 2012 and around 25 percent per annum for the remaining three years ending 2016.

51. BALANCE OF PAYMENT & BALANCE OF TRADE

55. From 1973 until 2011 the USDINR exchange averaged 30.10 reaching an historical high of 51.97 in March of 2009 and a record low of 7.19 in March of 1973.

58. Gems and jewelry constitute the single largest export item, accounting for 16 percent of exports.

63. India is poor in oil resources and is currently heavily dependent on coal and foreign oil imports for its energy needs.

68. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population.