Economic Overview
- Mixed economy, both capitalist market economy and socialist
command economy.
- Fourth largest economy in the world in terms of purchasing power
parity.
- Regulated private sector and public sector controlled completely
by the government.
- Diverse economy: traditional village farming, modern agriculture,
handicrafts, wide range of modern industries, multitude of services.
- 3/5th of the work force is in agriculture.
- Since 1990, the market has been opened gradually by reducing
government controls on foreign trade and investment.
- Development and growth in exporting software services.
International Trade
Major Export Items
Textile Goods, Gems and Jewelry, Engineering Goods, Chemicals, Leather
Manufactures
Main Destinations of Exports
US, UAE, China, Hong Kong, UK, Singapore
Major Import Items
Crude Oil, Machinery, Gems, Fertilizer, Chemicals
Main Origins of Imports
China, US, Switzerland, Belgium
Contacts of Trade
Ministries/ Associations
| Confederation of Indian Industry (CII) |
Associated Chambers Of Commerce & Industry Of
India |
All-India Association Of Industries (AIAI) |
CII Mantosh Sondhi Centre
23, Institutional Area,
Lodhi Road, New Delhi 110 003
Tel.: +(91)-(11)-24629994
Fax: +(91)-(11)-24621649/
24633168/ 2460198
E-mail: ciico@ciionline.org
Website: www.ciionline.org
|
147B, Gautam Nagar
Gulmohar Enclave
New Delhi-110 049
Tel.: +(91)-(11)-26512477-79
Fax: +(91)-(11)-26512154
E-mail: assocham@sansad.nic.in
Website: www.assocham.org
|
106, Uttam House
P.D'Mello Road, Carnac Bunder
Mumbai - 400 009
Tel.: +(91)-(22)-23412632/ 23412643/
25645305/ 25645306
Fax: +(91)-(22)-23415685/ 23451662
E-mail: info@aiaionline.org
Website: www.aiaionline.org
|
| Mumbai
Chamber Of Commerce & Industry |
Engineering
Export Promotion Council (EEPC) |
Federation
Of Indian Chambers Of Commerce & Industry (FICCI) |
Mackinnon Mackenzie
Building
Ballard Estate
Shoorji Vallabhdas Road
Mumbai - 400 001
Tel.: +(91)-(22)-222614681-84
Fax: +(91)-(22)-22621213
E-mail: bcci@bombaychamber.com
|
World Trade Centre (3rd
Floor)
14/1B, Ezra Street
Calcutta - 700 001
Tel.: +(91)-(33)-22350442/3/4
Fax: +(91)-(33)-22215658
E-mail: eepcho@giascl01.vsnl.net.in
Website: www.eepc.gov.in
|
Federation House
Tansen Marg, New Delhi-110001
Tel.: +(91)-(11)-23738760-70
(11 Lines)
Fax: +(91)-(11)-23320714/ 23721504
E-Mail: ficci@ficci.com
Website: www.ficci.com
|
| Federation
Of Indian Export Organisations (FIEO) |
India
Trade Promotion Organisation (ITPO) |
Indian
Merchants' Chamber |
PHD House (3rd Floor)
Opp. Asian Games Village
New Delhi 110 016
Tel.: +(91)-(11)-26851310/ 12/ 14/ 15
Fax: +(91)-(11)-26863087/ 26967859
E-mail: fieo@nda.vsnl.net.in
|
Pragati Bhavan, Pragati
Maidan
New Delhi 110 001
Tel.: +(91)-(11)-23371540
Fax: +(91)-(11)-23378142
E-mail: itpo@nda.vsnl.net.in
Website:
www.indiatradepromotion.org
|
Indian Merchants Chamber
Marg
Churchgate, Mumbai - 400 020
Tel.: +(91)-(22)-2046633
Fax: +(91)-(22)-2048508/ 2838281
E-mail: imc@imcnet.org
Website: www.imcnet.org
|
| Ministry
of Commerce and Industry |
Directorate
General of Foreign Trade |
|
Udyog Bhawan
New Delhi 110011
Tel.: +(91)-(11)-23061222
Fax: +(91)-(11)-23062626
Website: www.dipp.nic.in
|
Udyog Bhawan, H-Wing
Gate No.2, Maulana Azad Road
New Delhi -110011
Tel.: +(91)-(11)-23061562
Fax: +(91)-(11)-23062225
E-mail: dgft@ub.nic.in
Website: www.dgft.delhi.nic.in
|
|
Business Visa Rules
- Valid for one or more year with multiple entries.
- A letter from sponsoring organization indicating nature of
business, probable duration of stay, places and organizations to be
visited incorporating there in a guarantee to meet maintenance
expenses, etc. should accompany the application.
- The duration of stay in India is only for a period of 6 months
even though a valid visa may be for more than 6 months.
- Visa is given for a period for which passport is valid.
Business Hours
Government Offices: Mondays to Fridays: 09.30 - 17:30.
Offices : Mondays to Fridays: 09.30 - 17:30 (on
Saturdays until 14:00).
Banks : Mondays to Fridays 10:00 - 15:00 (on
Saturdays until 13:00).
Stores : Mondays to Saturdays 09:00 - 19:00.
Public Holidays
| Festival |
Date |
| New Year's Day |
January 01 |
| Idu's Zuha/ Bakrid (Feast of
the Sacrifice) |
Date Varies |
| Republic Day |
January 26 |
| Muharram (Islamic New Year) |
Date Varies (the lunar calendar
is shorter by 11 to 12 days than the solar year so Muharram
migrates throughout the season) |
| Mahavir Jayanthi |
Date Varies |
| Holi (Festival of Colors) |
In the month of March, but date
varies. |
| Good Friday |
On the Friday before Easter,
but date varies. |
| Buddha Purnima or Visakah
(Vesak) Puja |
First full moon day in May or
first full moon day in June if it is a leap year; Date Varies. |
| Independence Day |
August 15 |
| Vijaya Dasami - Dussera |
In the month of September or
October, but date varies. |
| Mahatma Gandhi's Birthday
(Gandhi Jayanti) |
October 02 |
| Deepavali (Hindu Festival of
Light) |
In the month of October or
November, but date varies. |
| Id-al-Fitr (End of Ramadan) |
Date Varies |
| Guru Nanak's Birthday (Guru
Nanak Jayanti) |
November 26 |
| Christmas Day |
December 25 |
|
 |
|
Snapshot
