India is often regarded as a "mixed economy"; in fact, alongside large private groups, small craft businesses and retail trade coexist.
India has the second largest workforce in the world, 60% of which is employed in agriculture and related industries.
In recent years, India has managed to capitalize on English-language education, thereby becoming a major outsourcing destination for multinational corporations and medical tourism.
Official Name: | Republic of India |
Form of government: | Federal Parliamentary Republic |
Head of State: | Pranab Mukherjee |
Head of Government: | Manmohan Singh |
Currency: | Indian Rupee (INR) |