India is the country comes under southern part of Asia. It is the seventh largest country by geographically and having 3,287,590 km sq area and second in population with 1.2 million people followed by China in the world’s population. New Delhi is the capital of India. Languages speak in India is Hindi which is national language and English apart from this there are 14 official language used in India. India is mixed cultured nation. India is a federal constitutional republic governed under a parliamentary system consisting of 28 states and 7 union territories. The Indian economy is the world's ninth-largest economy by nominal GDP 10.4% (2010 est.) and fourth largest economy by purchasing power parity (PPP) $4.06 trillion (2010 est.). India has become one of the fastest growing economies, and is considered a newly industrialized country; however, it continues to face the challenges of poverty, illiteracy, corruption and some pollution problem (Air, Water and Sound pollution)
India has unemployment rate of 10.8% (2010 est.) which is 117 in world rank. The major countries to which India exports goods are US 12.6%, UAE 12.2%, China 8.1%, Hong Kong 4.1% (2010) the total export in 2010 by India is $225.4 billion and countries from India imports goods are China 12.4%, UAE 6.5%, Saudi Arabia 5.8%, US 5.7%, Australia 4.5%. The total import by the country in 2010 is $359 billion. It has foreign exchange and gold of $287.1 billion in 2010.
COMPETITOR ANALYSIS:
There are no large companies manufacturing Solar bikes in India, rather some few small businesses are supplying the solar bikes by importing them from various countries like China and Japan but in the coming years 2012 and 2013, competition is going to be intense as many big players in the automobile sector in India are projected to enter this market with their brands as Indian government is encouraging the use of solar bikes in India by introducing them in various