India - Economic Geography

rasad 1. India is one of the most populous countries in the world and has a vast and diversified economy. 2. India is the second largest exporter of agricultural products and is a major producer of spices, tea, coffee, textiles, jute, and other goods. 3. The major sectors of the Indian economy are agriculture, industry, and services. 4. The agricultural sector is the largest employer in India and contributes about 17 percent of the GDP. 5. The industrial sector includes large-scale manufacturing, mining, and construction and accounts for about 28 percent of the GDP. 6. The services sector is the largest economic sector in India and contributes about 55 percent of the GDP. 7. India is one of the top ten countries in terms of foreign exchange reserves and is an important trading partner for many countries. 8. India is also a major player in the global IT services market and is known for its low cost of production and high quality of work.