Home to the Taj Mahal and the Ganges River, India is the world’s seventh largest country and the second most populous. It gained independence from the UK in 1947 and has since modernised itself into one of the world’s most important emerging markets.
It borders Pakistan to the west; China, Nepal, and Bhutan to the north-east; and Bangladesh and Myanmar to the east. In the Indian Ocean, India is in the vicinity of Sri Lanka, Maldives, and Indonesia.
• Ease of doing business ranking: 1331 • Economic freedom ranking: 1232
India is Singapore’s 10th largest trading partner in 2009 with total trade amounting to S$21.6 billion, down from S$28.8 billion in 20083.
Singapore-India bilateral trade (S$):
2008
2009
Imports
11.9 billion
8.2 billion
Exports
16.8 billion
13.4 billion
Total Trade
28.8 billion
21.6 billion
Source: IE Singapore's StatLink
1 World Bank Doing Business 2010 report 2 2009 Index of Economic Freedom 3 IE Singapore's StatLink
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