India is located in South Asia and is bordered by China and Nepal to the north, Bangladesh and Myanmar to the east, Sri Lanka to the southeast, Maldives to the south, and Pakistan to the west. India has long coastlines on the Arabian Sea and the Bay of Bengal. India's climate is diverse and includes temperate, humid, semi-desert and tropical regions. The capital of India is Delhi. India has a federal republic system of government and the president acts as the leader of the country. India is formed as a union of states and is divided into 28 states and 8 territories with autonomous centers based on regional administrative divisions. Some of the important cities in India are: Mumbai, Kolkata, Chennai, Bengaluru, Hyderabad and Chennai. Indian economic system is generally based on market economy. The currency of India is the Indian Rupee (INR). India is a country with great cultural diversity. Due to India's long history, this country has housed some different cultures and languages. The official language of India is Hindi, but more than 200 local and minority languages are also spoken throughout the country. India has a prominent place in the history of various religions. The majority of India's population is Hindu, but Muslim, Sikh, Christian, Buddhist, and Jain populations also live in the country. Education in India is diverse and has many famous universities and institutes of higher education. India has a large and dynamic market and its economy is growing. Various industries such as automotive, information technology, space, telecommunication, financial services, steel, textile, pharmaceutical and food production operate in India. India is one of the world's largest producers of many products, including clothing, electronic products, cars, machinery, food and agricultural products. India is a member of South Asian Association (SAARC) and Shanghai Cooperation Organization (SCO). Also, India has large trade agreements with many countries and has a large retail market. India's largest trading partners include the United States, China, United Arab Emirates, Saudi Arabia, Iran, Singapore, Japan, South Korea and Brazil. Most of India's income comes from exports of software and information technology services, apparel, engineering services, transportation services, financial services, and service industries. Also, India is the world's largest producer of pharmacological products (generic drugs), and crude oil and gold are also among the country's export products.