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Doing Business in India by Dean Nelson

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Country Profile

India is—after China—the second most populous country in the world, and its largest democracy. A nuclear power with its own space program, India retains a huge, largely illiterate rural population.

PPP—Purchasing Power Parity is a measure of the purchasing power of a currency relative to the US dollar.

  • Capital/largest city: New Delhi/Mumbai

  • Population: 1.12 billion

  • Official languages: Hindi and English are official national languages; there are also 18 regional languages

  • GDP/GDP per capita: US$1,000 billion (2007)/US$965 (based on exchange rate) or US$2,700 PPP[]

  • Currency: I rupee (INR) = 100 paise

  • Time zone: UTC +5.30 hours

  • Dialing code: +91

  • Principal business areas: New Delhi, Mumbai, Kolkata, Chennai, Bangalore ...

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