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tricity - imports: 1.54 billion kWh (2002) Oil - production: 780,000 bbl/day (2004 est.) Oil - consumption: 2.13 million bbl/day (2001 est.) Oil - exports: NA Oil - imports: NA Oil - proved reserves: 5.7 billion bbl (2004 est.) Natural gas - production: 22.75 billion cu m (2001 est.) Natural gas - consumption: 22.75 billion cu m (2001 est.) Natural gas - exports: 0 cu m (2001 est.) Natural gas - imports: 0 cu m (2001 est.) Natural gas - proved reserves: 542.4 billion cu m (2004) Current account balance: $4.897 billion (2004 est.) Exports: $69.18 billion f.o.b. (2004 est.) Exports - commodities: textile goods, gems and jewelry, engineering goods, chemicals, leather manufactures Exports - partners: US 17%, UAE 8.8%, China 5.5%, Hong Kong 4.7%, UK 4.5%, Singapore 4.5% (2004) Imports: $89.33 billion f.o.b. (2004 est.) Imports - commodities: crude oil, machinery, gems, fertilizer, chemicals Imports - partners: China 6.1%, US 6%, Switzerland 5.2%, Belgium 4.4% (2004) Reserves of foreign exchange and gold: $126 billion (2004 est.) Debt - external: $117.2 billion (2004 est.) Economic aid - recipient: $2.9 billion (FY98/99) Currency (code): Indian rupee (INR) Currency code: INR Exchange rates: Indian rupees per US dollar - 45.317 (2004), 46.583 (2003), 48.61 (2002), 47.186 (2001), 44.942 (2000) Fiscal year: 1 April - 31 March Communications India Telephones - main lines in use: 48.917 million (2003) Telephones - mobile cellular: 26,154,400 (2003) Telephone system: general assessment: recent deregulation and liberalization of telecommunications laws and policies have prompted rapid change; local and long distance service provided throughout all regions of the country, with services primarily concentrated in the urban areas; steady improvement is taking place with the recent admission of private and private-public investors, but telephone density remains low at about seven for each 100 persons nationwide but only one per 100 persons in rural areas and a national waiting list of over 1.7 million; fastest growth is in cellular service with modest growth in fixed lines domestic: expansion of domestic service, although still weak in rural areas, resulted from increased competition and dramatic reductions in price led in large part by wireless service; mobile
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