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Diplomatic representation in the US: chief of mission: Ambassador Naresh CHANDRA chancery: 2107 Massachusetts Avenue NW, Washington, DC 20008; note-Embassy located at 2536 Massachusetts Avenue NW, Washington, DC 20008 telephone: [1] (202) 939-7000 FAX: [1] (202) 483-3972 consulate(s) general: Chicago, Houston, New York, and San Francisco
Diplomatic representation from the US: chief of mission: Ambassador Richard CELESTE embassy: Shanti Path, Chanakyapuri 110021, New Delhi mailing address: use embassy street address telephone: [91] (11) 688-9033, 611-3033 FAX: [91] (11) 419-0017 consulate(s) general: Calcutta, Chennai (Madras), Mumbai (Bombay)
Flag description: three equal horizontal bands of orange (top), white, and green with a blue chakra (24-spoked wheel) centered in the white band; similar to the flag of Niger, which has a small orange disk centered in the white band
@India:Economy
Economy-overview: India's economy encompasses traditional village farming, modern agriculture, handicrafts, a wide range of modern industries, and a multitude of support services. 67% of India's labor force of nearly 400 million work in agriculture, which contributes 30% of the country's GDP. Production, trade, and investment reforms since 1991 have provided new opportunities for Indian businesspersons and an estimated 300 million middle class consumers. New Delhi has avoided debt rescheduling, attracted foreign investment, and revived confidence in India's economic prospects since 1991. Many of the country's fundamentals - including savings rates (26% of GDP) and reserves (now about $24 billion) - are healthy. Inflation eased to 7% in 1997, and interest rates dropped to between 10% and 13%. Even so, the Indian Government needs to restore the