20 Reasons Why You Can Cheer India

1. The Indian economy is the world's 10th largest in terms of nominal

GDP and the 4th largest ($4.06 trillion (2010 est.)) in terms of purchasing power parity. 2. India has the 2nd largest labour force of 478.3 million (2010 est.) in the world.
3. India is likely to become the world's fastest growing economy in

2012
4. India is the 3rd largest military power in the world. 5. India ranks 11th in the Worlds Top Insurance Markets 6. India has the world's 7th largest foreign reserves pegged at $310

billion. India's foreign exchange reserves rose by $1.68 billion to $310.21 billion for the week ended May 27 on the back of a sharp increase in foreign currency assets.
7. India is the 6th biggest electricity producing country in the world

(723.8 billion kWh (2009 est.)

8. The equity market capitalization of the companies listed on the

Bombay Stock Exchange stood at $1.63 trillion as of December 2010, making it the 4th largest stock exchange in Asia and the 8th largest in the world. The BSE has 5,034 listed Indian companies.
9. India is now the 7th largest vehicle producing nation in the world.

Its automobile industry, the world's second-fastest growing, increased domestic sales by 26 per cent during 2009-10, and exports by 36 per cent during 2008-09.The cheapest and the most expensive cars are now available in India.
10. India has the 9th largest aviation market in the world. India is

expected to be the fastest growing civil aviation market in the world by 2020.
11. India's exports jumped 34.42 per cent in April 2011 to $23.8

billion continuing the fast paced growth of the previous fiscal.

12. India has a total of 55 billionaires (4th highest) in the world. 13. India has a road network of over 3.314 million kilometers, making

it the third largest road network in the world.

14. The Indian Railways has the world's 4th largest railway network

with more than 64,215 kilometres of track and 7,083 stations.

15. 100 of the Fortune 500 companies have R&D facilities in India. 16. India is one of six countries that launches satellites. 17. India has 27 public sector banks, 88 scheduled commercial banks

(SCBs), 31 private banks and 38 foreign banks with a combined network of over 53,000 branches and 17,000 ATMs.
18. India ranks second worldwide in farm output. India is the largest

producer and consumer of tea in the world, accounting for more than 30 per cent of global production and 25 per cent of consumption.
19. India ranks 10th in the world when it comes to Total Gold

Reserves with 557.7 tonnes of gold.

20. India is the worlds fastest growing telecommunication industry

and 2nd largest user of mobile cellular phones (670 million (2010 est.)) and 6 th largest user of internet (61.338 million (2009 est.))