Friday, June 25, 2010

India, Hyderabad Cost of Living April 2010

Country Full Name: Republic of India.

Location: India is in Southern Asia, bordering the Arabian Sea and the Bay of Bengal, between Burma and Pakistan.

Country Climate: Varies from tropical monsoon in south to temperate in north.

Country Terrain: Upland plain (Deccan Plateau) in south, flat to rolling plain along the Ganges, deserts in west, Himalayas in north.

Major Languages: Hindi, English and at least 16 other official languages.

Major Religions: Hinduism, Islam, Christianity, Sikhism, Buddhism, Jainism.

Country Population: 1186.3 million (2008 est.) 1203.3 million (2009 est.).

Country Economy: The economy of India is the twelfth largest economy in the world by nominal value and the fourth largest by purchasing power parity (PPP). In the 1990s, following economic reform from the socialist-inspired economy of post-independence India, the country began to experience rapid economic growth, as markets opened for international competition and investment. In the 21st century, India is an emerging economic power with vast human and natural resources, and a huge knowledge base.

Currency: Indian Rupee (INR).

Country Inflation: 8.3% (2008 est.) 8.7% (2009 est.).

City: Hyderabad is the capital and the most populous city of the Indian state of Andhra Pradesh.

City Economy: Hyderabad has developed into a major hub for the information technology industry in India. The city is home to the world's largest film studio, the Ramoji Film City as well as the Telugu Film Industry, the second-largest in India, known popularly as Tollywood.
Cost of Living: Hyderabad has an overall cost of living index which equates it with middle cost of living locations. The overall cost of living index is comprised of the prices for defined quantities of the same goods and services across all 13 Basket Groups. Hyderabad is currently ranked 164 overall, most expensive place in the world for expatriates to live, out of 282 international locations.

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