India is the world seventh largest and second most populous country. India is quickly emerging as a powerful trade partner in the global economy and becoming a massive economic force in Asia.
The economy of India is twelfth largest in the world (in exchange rates, with a GDP of US $1.089 trillion) and the fourth largest in the world by purchasing power.
In 2006, India's trade reached 24% of GDP, which showed an increase of 6% than it was in 1985. Largely Indian trade represents 1% of the world's commerce.
Explore
more on
Indian Economy.