On the one hand, India is one of the richest countries in mineral resources.
There are reserves of coal (fourth part of the world’s reserves), iron, manganese, bauxite, mica, chromite, gold, oil and gas. Agricultural land accounts for 55% of the territory of India.
India is one of the world’s oldest civilizations, the second most populous country in the world.
Indian scientists are some of the most authoritative in the world, the country has its own nuclear weapon and space power.
The country itself produces rockets and software (the city of Bangalore is one of the world’s largest centers in the export of software).
Research centers of the world’s largest TNCs (for example, the center of Daimler-Chrysler) are located throughout the country.
India is also an agro-industrial country, 2/3 of the world’s poor live in India. The value of GDP per capita is $ 300.
Regional development in India is uneven. North of the country was beyond the influence of Western civilization, there are local customs, culture has developed, retarding industrial development.
At the same time in the south, modern culture has developed under the influence of the British. There are certain problems in the development of the west and east of the country.
In the west, light industry has a development priority, which is the basis for private business. In the west, heavy and extractive industries (metallurgy and coal mining, metal machining) have began to develop since 1950.
Production of mineral fertilizers is realized in chemical industry. The value of petrochemicals is constantly growing. Resins, plastics, chemical fiber, synthetic rubber are produced.
Pharmacy is developed. The chemical industry is represented in many cities across the country.
Light industry is a traditional branch of industry in India. Cotton and jute industry are of particular importance. India is one of the leading countries in the world in the production of cotton fabrics.
Food industry produces goods for domestic consumption and for export. Indian tea is the most widely known in the world.
Its production is concentrated in Calcutta and in the south of the country. India ranks first in the world in export of tea.
60% of the active population are employed in the agricultural sector of India. However, mechanization and fertilizers are used insufficiently.
Natural and semi-subsistence lifestyle still exist in many villages. More than half of the total land fund is in the hands of landowners.


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