Deere & Company Investor Relations - John Deere
Deere & Company Investor Relations - John Deere
Deere & Company Investor Relations - John Deere
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India<br />
Economic Data<br />
General<br />
Population ~ 1.205 billion (July 2012 est.)<br />
GDP (PPP) ~ $4.463 trillion (2011 est.)<br />
Top four cities based on population (2011 est.):<br />
Agricultural<br />
Mumbai, Delhi, Bangalore and Hyderabad<br />
Total land area ~ 3.0 million sq km<br />
Arable land ~ 1.5 million sq km (2005 est.)<br />
Annual industry tractor sales >500,000 units<br />
High interest rates<br />
Commodity prices expected to soften against 2011 but remain<br />
elevated due to strong demand<br />
Increased focus from government for farm mechanization<br />
Infrastructure investment projected to be ~ 9% of GDP by 2012<br />
(~5% in 2007)<br />
PPP: Purchasing Power Parity<br />
Source: The World Fact Book, Censusindia, Tractor Manufacturers Association of India<br />
58<br />
| <strong>Deere</strong> & <strong>Company</strong> | May / June 2012<br />
GDP Composition<br />
62.8%<br />
18.9%<br />
18.2%<br />
Agriculture Industry Services<br />
Source: IHS Global Insight, 2010 est.<br />
Labor Composition<br />
34.0%<br />
14.0%<br />
52.0%<br />
Agriculture Industry Services<br />
Source: The World Factbook, 2009 est.
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