India has strengths like a large agricultural sector, skilled workforce, and growing IT industry. However, weaknesses include high unemployment, poverty, and inadequate infrastructure. Opportunities exist in foreign investment, the large population as a consumer base, and sectors like IT. Threats are a slowing global economy, high deficits, population growth, and dependence on oil imports. A SWOT analysis finds that while India faces challenges, it also has significant opportunities to strengthen its economy by addressing weaknesses and capitalizing on its strengths and opportunities.