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02 billion kWh (1996) Electricity--exports: 130 million kWh (1996) Electricity--imports: 1.675 billion kWh (1996) Agriculture--products: rice, wheat, oilseed, cotton, jute, tea, sugarcane, potatoes; cattle, water buffalo, sheep, goats, poultry; fish Exports: $32.17 billion (f.o.b., 1998) Exports--commodities: textile goods, gems and jewelry, engineering goods, chemicals, leather manufactures Exports--partners: US 19%, Hong Kong 6%, UK 6%, Japan 6%, Germany 5% (1997) Imports: $41.34 billion (c.i.f., 1998) Imports--commodities: crude oil and petroleum products, machinery, gems, fertilizer, chemicals Imports--partners: US 10%, Belgium 7%, UK 7%, Germany 7%, Saudi Arabia 6%, Japan 6% (1997) Debt--external: $93 billion (1998) Economic aid--recipient: $1.604 billion (1995) Currency: 1 Indian rupee (Re) = 100 paise Exchange rates: Indian rupees (Rs) per US$1--42.508 (January 1999), 41.259 (1998), 36.313 (1997), 35.433 (1996), 32.427 (1995), 31.374 (1994) Fiscal year: 1 April--31 March Communications Telephones: 12 million (1996) Telephone system: mediocre; local and long distance service provided throughout all regions of the country, with services primarily concentrated in the urban areas; major objective is to continue to expand and modernize long-distance network in order to keep pace with rapidly growing number of local subscriber lines; steady improvement is taking place with the recent admission of private and private-public investors, but demand for communication services is also growing rapidly domestic: local service is provided by microwave radio relay and coaxial cable, with open wire and obsolete electromechanical and manual switchboard systems still in use in rural areas; starting in the 1980s, a substantial amount of digital switch gear has been introduced for local- and long-distance service; long-distance traffic is carried mostly by coaxial cable and low-capacity microwave radio relay; since 1985, however, significant trunk capacity has been added in the form of fiber-optic cable and a domestic satellite system with 254 earth stations; cellular telephone service in four metropolitan cities international: satellite earth stations--8 Intelsat (Indian Ocean) and 1 Inmarsat (Indian Ocean Region); four gateway exchanges operating from Mumbai, New Delhi, Calcutta, and Chennai; submarine cables to Malaysia, UA
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