This document provides an overview of the Indian economy. It begins with definitions of basic economic concepts and how India's economy works as a mixed economy. It then discusses key metrics and rankings of the Indian economy, including its GDP growth rate, GDP per capita, and sectoral breakdown. Charts and data on GDP, national income, inflation rates are presented. In conclusion, it outlines both development factors and challenges currently facing the Indian economy, but maintains optimism that by addressing issues, India has strong potential to become a 21st century superpower.