Import Export Market in India
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Import Export Market in India

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    Import Export Market in India Import Export Market in India Presentation Transcript

    • ECONOMICS
    • Introduction IMPORT •Goods & Services consumed in one country which has been bought from another country EXPORT • Goods and services that are produced domestically and sold to buyers in another country
    • Balance of Trade It represents a difference in value for import and export for a country
    • Balance of Trade A country has demand for an import when domestic quantity demanded exceeds domestic quantity supplied, Else when the price of the good (or service) on the world market is less than the price on the domestic market NX = X − I, where NX represents Balance of Trade, X is Exports and I is Imports
    • As in 2010
    • Ministry of Commerce & Industry Directorate General of Foreign Trade Central Board of Excises Customs
    • As in 2010 India has identified 16 sectors where we believe there are real opportunities for Foreign companies  Aerospace (Civil)  Automotive  Agri-business (incl. Food & Drink)  Biotechnology & Pharmaceuticals  Construction (incl. Sports & Leisure Infrastructure)  Creative & Media  Education, Skills & Leisure
    • As in 2010  Engineering (incl. Mining, Metals & Metallurgical Process Industries)  Financial & Legal Services  Healthcare & Medical  ICT - Software/Computer Services & Residual Electronics and Communications  Oil & Gas (incl. Petro & Non-petrochemicals)  Power  Transport (incl. Airports, Ports, Railways and Security)  Water
    • Software, Engg goods Agricultural products MajorExported Textile goods, Chemicals Goods Leather manufactures Gems and Jewellery
    • Crude oil Electronics & Electrical Major goodsImported Several Commodities, Machinery Goods Medicine & medical equipment Aircraft spare parts
    • Main Export Partners Countries China US 5.09% 12.59% UAE 12.87%
    • Main Import Partners Germany China Singapore 10% 26% 10% Iran 10% UAE Saudi Arabia 12% 17% US 15%
    • EPCG Scheme Export Promotion Capital Goods Allow import of capital goods for pre- production, production and post-production at 5% CD Relaxation in… Units pertaining to agro, SSI, BIFR etc
    • 3 Special Economic Zone 2 Free Trade and Warehousing Zone 1 SchemeExport Oriented Unit Scheme
    • Where India Stands Today India has one of the fastest growing economies in the world Indias share in the global trade, including trade in merchandise and services sector, has increased from 1.5% in 2006 & 2% in 2009 & will cross the 2.5% in 2012 Foreign trade, as a percentage of GDP (in rupee terms) was over ~24% in 2010