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