ANDAMAN PARTNERS Co-Founder Rachel Wu to Deliver Talk at SEP Global Reunion 2026 in Shanghai, China
October 1, 2026
Rachel will deliver a talk at the event entitled ‘Two SEPers in the Family – Building in China for 20+ Years’
Profile in Brief
NOTE: This is a brief summary of the full Country Profile, which can be viewed or downloaded at the link below.
India has the world’s largest population and the fourth-largest economy at USD 3.9 trillion, surpassing Japan in 2024, with a real GDP growth rate of 6.5%, the fastest-growing major economy.
India has a total land area of 3.3 million square kilometres.
Government is democratic with a parliamentary system.
Economy at a Glance
GDP Overview (2024)
India’s economy is poised to become the world’s third-largest by 2030 with a GDP exceeding USD 6 trillion. While still relatively low, GDP per capita is gradually rising.
From 5% in 2019, the unemployment rate increased post-COVID-19 to 8% in 2023, and fell back to 4.9% in 2024. India’s currency has been relatively stable compared to its peers.
Central government debt in the last decade peaked during the COVID-19 pandemic and stabilised post-pandemic, reaching 83% of GDP in 2023. Household consumption has trended upwards in recent years.
Trade Profile (2024)
India’s total trade amounted to USD 1.1 trillion in 2024, dominated by two sectors: Minerals, Fuels & Chemicals and Metals, Electronics & Machinery. The country usually has an annual trade deficit; in 2024, imports exceeded exports by USD 264 billion.
Leading export partners (2024): U.S. (USD 79.4 billion), UAE (USD 37.1 billion), Netherlands (USD 24.2 billion).
Leading import partners (2023): China (USD 127 billion), Russia (USD 67.2 billion), UAE (USD 55.7 billion).
To download the full Country Profile, please see the option below.
ANDAMAN PARTNERS supports international business ventures and growth. We help launch global initiatives and accelerate successful expansion across borders. If your business, operations or project requires cross-border support, contact connect@andamanpartners.com.
News & Events
ANDAMAN PARTNERS to Attend Stanford Executive Programme Global Reunion 2026 in Shanghai, China
October 1, 2026
ANDAMAN PARTNERS will attend the SEP Global Reunion 2026 in Shanghai, China, from 28 October to 1 November 2026
ANDAMAN PARTNERS to Attend 2026 IMF & World Bank Annual Meetings in Bangkok, Thailand
October 1, 2026
ANDAMAN PARTNERS will attend the IMF & World Bank Annual Meetings in Bangkok on 12-18 October 2026
Knowledge
Global Trade Shows Strong Momentum in 2026 as Asian Economies Climb Export Rankings
October 9, 2026
World merchandise exports rose 14.4% in H1 2026, with several Asian economies climbing the global rankings
China’s Trade Engine Is Finding Growth Well Beyond the U.S.
October 8, 2026
China’s 2026 trade figures reveal strong growth across Asian export markets and surging machinery and electronics trade
Machinery Anchors China’s Exports, But Vehicles Are the Breakout Growth Story
October 7, 2026
Electrical and mechanical equipment remain China’s largest export products, while vehicles have nearly tripled since 2021