What is India's share of the global species diversity?

Although India has only 2.4 per cent of the world’s land area, its share of the global species diversity is an impressive 8.1 per cent. That is what makes our country one of the 12 mega diversity countries of the world. Nearly 45,000 species of plants and twice as many of animals have been recorded from India. How many living species are actually there waiting to be discovered and named? If we accept May’s global estimates, only 22 per cent of the total species have been recorded so far. Applying this proportion to India’s diversity figures, we estimate that there are probably more than 1,00,000 plant species and more than 3,00,000 animal species yet to be discovered and described