Mumbai (iii) Flashcards
Which country did Mumbai receive aid from and until what year ?
Used to be an aid recipient as it received aid from the UK up until 2015
How much is its foreign aid expenditure ?
its foreign aid expenditure is 1.3bn US$
Is the country currently receiving aid ?
It is one of the few countries that has change from a recipient to a donor
Reasons India attracts FDI from TNCs
increasingly skilled labour force with low labour costs
increasingly competitiveness of Indian enterprise
large well educated English speaking workforce
Reasons India attracts FDI from TNCs
international development in trade transport and communications
government incentives like tax exemptions
rapid growth population and rising incomes
How much is the export service sector worth ?
export of service sector is around 100bn us dollars between 2014-15
What is Indian company’s main strategy ?
outsourcing is a major strategy of Indian companies
Examples of outsourcing …
British and American companies have call centres based in Bangalore and other Indian cities
Medical transcription and expert knowledge services are other examples of back office functions in India
What percentage of GDP does tourism account for ?
Tourism accounted for about 6.8% of he countries GDP
How many tourists arrived in Mumbai ?
over 22 million tourists arrived
How many employees are employed ?
39 million are employed in the sector
roads systems have doubled in length from .. million km to over … million km
roads systems have doubled in length from 3 million km to over 6 million km
How long is India’s air network ?
India’s air network is more than 63000 km long
How many sea ports does the country have ?
the country has 12 major sea ports
185 minor sea ports
What percentage of foreign trade is by volume and carried by ships ?
95% of its foreign trade by volume and 70% value is carried by ships .