Thursday 21 November 2013

15 Facts About India That Will Blow Your Mind

In the next three years, up to 25% of the world's new workers will be Indian

  


42% of the world's poor live in India

  



India's GDP per capita will quadruple from 2007 to 2020, according to Goldman Sachs

  


Property prices in Mumbai and Delhi have more than doubled in the past 18 months

  




  • 5/16
India's tech capital, Bangalore, has increased its office supply by six times since 2006, and now has more Grade-A offices than Singapore

  

Half the world’s outsourced IT services come from India, amounting to a $47 billion dollar industry

  



  • 7/16
Walmart alone outsources $1 billion in IT contracts to India

  

India is the world's second largest importer of arms and has spent $50 billion on defense purchases in the last decade

  


  • 9/16
India grows 12 million tons of mangoes in a year, the weight equivalent to 80,000 blue whales

  


India's Cherrapnuji is the wettest places on earth, receiving 425 inches of rain every year

  



  • 11/16
A bigger movie market than America and Canada combined, India sold 3.2 billion tickets last year

  
Wikimedia Commons

The average Indian is nearly 20 years younger than the average Japanese (26 vs 45)

  
Indians are also around ten years yo



In recent decades, 500,000 female births have gone missing each year due to (illegal) sex selection and abortion

  


  • 14/16
India has 568 million more registered voters than the US -- and a better turnout rate too

  
AP

India used to account for 33% of the world's GDP; then fell to 3%; now may rise to 25%

India led the world in GDP before the industrial revolution, when population meant productivity, and India had the largest population. Following the industrial revolution, India entered a long period of economic stagnation.
The future outlook comes from Goldman Sachs, which sees India passing the U.S. economy in 2050, trailing only China.




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