India

By: Karla Caceres

Angelica Hernandez
Bryan Lira-Jacobo
Lisandro Ramirez
Luis Reyes
Social
Population: India's 2018 Culture and Traditions:
population is estimated at 1.35 - Mixture of British and Asian
Influences
billion based on the most recent
- Eating with hands
UN data - Never using your left
- Expecting late arrival
- Seniors first
Education: free and compulsory
education is provided as a
fundamental right to children
between the ages of 6 and 14
Technological
India ranks third among the most
attractive investment destinations for
technology transactions.

Produce more engineers than China

and the U.S combined.
Economics
Modern India has had a strong focus
on science and technology realising it
is the key of economic growth.

Fast growing multi trillion dollar

economy.

Relatively independent.
Political
A Parliamentary Democratic Republic.

India’s openness to foreign investment is

below average.
 Amount of Pay per Individuals
● 1 Indian Rupee = 0.014 US Dollar
● Minimum payments of engineers is 146,169 to 909,604 rupees
● Translates to $2046.36 - $12,734.45 a year
● Median: 327,506 rupees - US Dollar: $4585.084

● $616-$1670 annual income per capita

GDP:

● 1,709.39 USD (2016)

 Healthcare
● The health care system in India is primarily administered by the states.
● India's Constitution tasks each state with providing health care for its people.
● In order to address lack of medical coverage in rural areas, the national
government launched the National Rural Health Mission in 2005.
 Tax Rate
India:

● Therefore, for large corporates, the tax rate is still 30%

● MSME (Micro, Small and Medium Enterprise) it has been
reduced to 25%.
● The tax rate is 40% in India for normal income for Foreign
companies

USA:

● Taxpayers fall into one of seven brackets, depending on

their taxable income: 10%, 15%, 25%, 28%, 33%, 35% or
39.6%.
● Trump lowered the percentage to 20%
 Tarifs on Trading between India and the U.S.
● Trump's trade-deficit fixation put India in the crosshairs despite a
relatively small $24-billion deficit, as did the March steel and aluminum
tariffs, which were supposed to target China.
● India has announced tariff hikes totaling $235 million on 29 U.S. goods
including agricultural products, steel and aluminum in direct retaliation to
U.S. tariffs.
Travel
Shipping through sea takes 25-30 days

Shipping through airway would take you 1-15 days

Cost: 20’=4.5-5.25 lakh rupees equivalent to $6,128-$7,000

1,000cft