Prime Minister Narendra Modi has been in Washington to boost India-America relations. Many agreements will be inked during the Prime Minister’s visit to the United States, including substantial agreements in education, defence, and energy. After all, what are the reasons that America places such a high value on India at this time? The answer is India’s rate of development.
And, just as you see your vehicle’s speed in kilometers per hour, we will tell you in different scales what India’s speed is per minute! Don’t forget to check out India’s unique speedometer at the end of the post. Keep a watch!
Before we get into the pace of India’s development, let’s go back ten years to when Barack Obama was President of the United States and Joe Biden was Vice President. During his visit to India on July 24, 2013, Joe Biden stated, “India is no longer an economic island — and a rising, rising economic power.” That is, India is no longer an economic island; rather, it is rising as an economic power.
Prior to the visit of Prime Minister Narendra Modi to the United States on June 7, 2023, when Joe Biden is President of the United States, his spokesperson remarked on Biden’s behalf, “India is playing a critical role globally. For US, there is no better partner than India in this challenging 21st century. “
There is no better partner in this difficult twenty-first century than India. Playing an important role in. In this difficult twenty-first century, there can be no better partner for America than India. The two sentences above from Biden are sufficient to grasp the significance of PM Modi’s visit to America. Indeed, there is little doubt that India’s development is accelerating, and America is well aware of this. This post is merely an attempt to explain this speed in greater depth.
And, yeah, when it comes to speed, only km/h and meters per second come to mind. So, along those lines, tell us how fast India is progressing in various disciplines every minute.
Road construction – Over the previous seven years, the pace of road construction in India has accelerated. In 2016, when 6061 km of roads were created in the entire year, the speed was 11 meters per minute, however, in 2022, the speed jumped to 19 meters per minute since 10,450 km of roads were built in the entire year.
Energy Sector – Our country generates 2644.63 MW of electricity every minute. India, on the other hand, has boosted the speed of renewable energy to 241647.64 billion units per minute as part of its commitment to sustainable energy.
Vehicle production- According to 2021-22 data, 22.9 million automobiles were built in India in a year, implying that 43 vehicles are manufactured here every minute. At the same time, 13 vehicles are exported from India every minute, for a total of 577,875 vehicles per month.
Pharmaceutical Production – When it comes to pharmaceutical products, India exports 46 thousand dollars every minute. At this rate, India will export $221.6 billion in pharmaceutical items by 2022.
India’s speed in Export/Import
You can check out the speed of export and import happening across many sectors:
Particulars | Amount (In Billion Dollar) | Speed Per min (in lakh dollar) |
Merchandise Export | 38.38 | 8.7 |
Merchandise Import | 58.11 | 13.2 |
Service Export | 27.75 | 6.3 |
Service Import | 14.07 | 3.2 |
Total Export | 66.14 | 15 |
Total Import | 72.19 | 16.3 |
Speedometer of India’s Production
This speedo meter is going to talk about the production of items like coal, steal, agrochemicals, milk and it’s products, uranium etc. And here comes the Speedometer of India:
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