As we have learnt, India will be one of the potential economies in ten years, approximately. It is the seventh-largest country by area, the second-most populous country with more than 1.2billion people, and the most populous democratic republic in the world. Thus, it produces and exports many goods, and offers its services to more than twenty five countries around the world.
India isthe largest producer in the world of milk, cashew nuts, coconuts, tea, ginger, turmeric and black pepper. It also has the world's largest cattle population (193 million). It is the second largestproducer of wheat, rice, sugar, groundnut and inland fish. It is the third largest producer of tobacco. India accounts for 10% of the world fruit production with first rank in the production of banana andsapota, but the question is the following:
If we have to choose, which products could it export and import to the world?
According to PRO-ECUADOR, Institute of exports and investments promotions,India has more than nine products which it exports in a huge quantity. We can see all the information detailed in the following chart:
As we can appreciate, THE LIGHT PETROLEUM/OIL DISTILLATES isthe principle product which India exports with an amount of 15,728,689 Miles USD FOB in 2010. 47 Indian companies were listed in the Forbes Global 2000 ranking for 2009. The 10 leading companies were:World Rank | Company | Logo | Industry | Revenue
(billion $) | Profits
(billion $) | Assets
(billion $) | Market Value
(billion $) |
121 | Reliance Industries | | Oil & Gas Operations |34.03 | 4.87 | 43.61 | 35.95 |
150 | State Bank of India | | Banking | 22.63 | 2.23 | 255.86 | 12.75 |
152 | Oil and Natural Gas Corporation | | Oil & Gas Operations | 24.04 | 4.95 | 35.35 |28.91 |
207 | Indian Oil Corporation | | Oil & Gas Operations | 51.66 | 1.97 | 33.64 | 10.20 |
317 | NTPC | | Utilities | 9.63 | 1.86 | 24.58 | 29.70 |
329 | ICICI Bank | | Banking |...