Inflation Based on WPI Index(%)
|
12 |
|
|
|
|
|
Percentage |
10
8
6
4
|
|
|
|
|
|
8.4 |
7.3 |
8.1 |
7.4 |
6.6 |
|
2 |
|
|
|
|
|
|
0 |
|
|
|
|
|
|
|
2008- 09( Dec) |
2009- 10( Dec) |
2010- 11( Dec) |
2011- 12( Dec) |
2012- 13( Dec) |
WPI – Wholesale Price Index NOTE: For 2012-13, data relates to April’ 12 – December’ 12 period Figure 4 Source- indiabudget. nic. in
Regional dispersal of industrial activity
Industrial activity in India has traditionally centred around the places having access to raw material and transport infrastructure, particularly port facilities. Traditional industries such as textiles, engineering and chemicals thus grew in the western states of Gujarat and Maharashtra, Tamil Nadu in the south and some pockets in Bihar and Madhya Pradesh rich in mineral wealth and natural deposits. Over the years, manufacturing activity has got dispersed, with new generation industries such as automobiles, electronics and IT coming up all across India, in areas such as Bengaluru( Karnataka), Chennai( Tamil Nadu), Pune( Maharashtra) and Gurgaon( Haryana).
Figure 5
1.4.2 External Trade
India’ s merchandise exports touched US $ 303.76 billion in 2011-12. India’ s growth in exports is much higher than that of the world economy as well as many major economies of the world Imports touched US $ 488.69 billion in 2011-12. The trade deficit in 2011-12 decreased to US $ 184.9 billion as against US $ $ 118.7 billion during 2010-11. India’ s country-wise trading equation is shown in Schedule 1 and 2.
10