Strengths of Indian Economy:

1. India has a mixed economy:

1. Indian economy is a typical example of mixed economy. 

2. This means both private and public sectors co-exist and function smoothly. 

3. The fundamental and heavy industrial units are being operated under the public sector. 

4. The liberalization of the economy, the private sector has gained importance. 

5. This makes it a perfect model for public – private partnership.

2. Agriculture plays the key role: 

1. Agriculture being the maximum pursued occupation in India. 

2. It plays an important role in its economy as well.

3. Around 60% of the people in India depend upon agriculture for their livelihood. 

4. In fact, about 17% of our GDP today is contributed by the agriculture sector. 

5. Green revolution, ever green revolution and inventions is bio technology have made agriculture self sufficient and also surplus production. 

6. The export of agriculture products such as fruits, vegetables, spices, vegetable oils, tobacco, animal skin, etc. also add to forex earning through international trading.

3. An emerging market:

1. Indian has emerged as vibrant economy sustaining stable GDP growth rate even in the midst of global downtrend. 

2. This has attracted significant foreign capital through FDI and FII.

3. India has a high potential for prospective growth. 

4. This also makes it an emerging market for the world.

4. Emerging Economy:

1. Emerging as a top economic giant among the world economy. 

2. India bags the seventh position in terms of nominal Gross Domestic Product [GDP] and third in terms of Purchasing Power Parity [PPP]. 

3. As a result of rapid economic growth,. Indian economy has a place among the G20 countries.

5. Fat Growing Economy:

1. Indias economy is well known for high and sustained growth.

2. The world’s fastest growing economy in the year 2016-17 with the growth rate of 7.1% in GDP.

6. Fast Growing Service Sector:

1. The service sector, contributes a lion’s share of the GDP in India. 

2. There has been a high rise growth in the technical sectors like information technology.

7. Large Domestic Consumption:

1. With the faster growth rate in the economy the standard of living has improved a lot. 

2. The standard of living has considerably improved and life style has changed.

8. Rapid Growth of Urban Areas:

1. Urbanization is a key ingredient of the growth of any economy. 

2. Improved connectivity is transport and communication, education and health have speeded up the pace of urbanization.

9. Stable Macro Economy:

1. The Indian economy has been projected and considered as one of the most stable economies of the world. 

2. The current year’s Economic survey represents the Indian economy to be a “heaven of macroeconomic stability, resilience and optimism”.

10. Demographic dividend:

1. This means that India is a pride owner of the maximum percentage of youth.

2. The young population is not only motivated but skilled and trained enough to maximize the growth. 

3. Thus human capital plays a key role in maximizing the growth prospects is the country. 

4. This has invited foreign investments to the country and outsourcing opportunities too.