Economic Analysis-India Essay Example | Topics and Well Written Essays - 1000 words

Economic Analysis-India - Essay ExampleSecurity is one factor that affects trade and business crossways the world. India, being a democracy with a stable government and political system, has an environment suitable for conducting every kind of legal business the fashion industry being no exception. Nationals in this rural area therefore retain the right of choice and are not restricted from selling or wearing any type, kind or brand of aright clothing. Further, the countrys security is generally above board with cases of insecurity both in towns and rural areas remaining significantly low. This stable condition has seen businesses across the country actively grow with economic factors of demand and supply playing significant roles in trade.India is known to be a major producer and exporter of farming(a) products including jute, sheep, goats, sugarcane, potatoes oilseed, cotton, tea, rice, water buffalo, poultry fish, cattle, and wheat. The country further thrives on handicrafts, and numerous modern service and production industries which provide income to the majority of working citizens. Also, economically, the country ranks fifth by purchasing power and twelfth by exchange rate compared to the rest of the world. This being the condition, it is notable that food as a basic need is sooner affordable to the majority of Indias nationals and the cost of living is generally low. As a result, most citizens are able to purchase part of their income to purchase dainty clothing for themselves.Energy is a major factor that affects business. India has the capacity to produce enough electricity and oil products for export. In fact, Indias electricity sector and infrastructural industries shake off always experienced reasonable growth which significantly impacts trade in all sectors of the economy. This means could be taken to imply that the energy needed for