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

Economic Analysis-India - Essay ExampleSecurity is champion factor that affects trade and business across the world. India, world a democracy with a stable government activity and political system, has an environment suitable for conducting every kind of legal business the fashion industry being no exception. Nationals in this country therefore retain the right of choice and are not limit from selling or wearing any type, kind or brand of decent clothing. Further, the countrys security is generally above board with cases of insecurity both in towns and rural areas remaining importantly low. This stable condition has seen businesses across the country actively grow with economic factors of demand and supply playacting significant roles in trade.India is known to be a major elicitr and exporter of agricultural products including jute, sheep, goats, sugarcane, potatoes oilseed, cotton, tea, rice, water buffalo, domestic fowl fish, cattle, and wheat. The country further thrives on handicrafts, and numerous modern service and production industries which provide income to the mass of workings citizens. Also, economically, the country ranks fifth by purchasing power and twelfth by exchange rate compared to the fill-in of the world. This being the condition, it is notable that food as a basic need is quite 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 decent 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 have always see reasonable growth which significantly impacts trade in all sectors of the economy. This means could be taken to connote that the energy needed for