India imports and exports a variety of goods. Its top imports are crude oil, gold, electronics, and coal. China, the UAE, and Saudi Arabia are among India's largest import partners. The government has implemented policies like the Exim Policy and export incentives to promote foreign trade and reduce reliance on imports. Organizations like the India Trade Promotion Organization and Export-Import Bank of India support India's foreign trade goals through activities like trade exhibitions, buyer-seller meets, and export financing.
Abstract: The outlook for Indian exports in 2016/17 is expected to remain weak due to continued moderation in growth in China and the general slowdown in emerging markets economies. Low commodity prices and a global slowdown, driven by faltering Chinese economy, is all set to take exports to their lowest in five years in 2015-16. This in turn could derail the recovery process. With exports getting affected and domestic demand subdued, capacity utilisation levels for key sectors will take time to improve, which will delay the recovery process of companies. India's major requirement use to be food grains and other goods in import with fast industrialization, the composition of India's imports goods changed and needed chemicals, fertilizers and machinery which were required to meet the developmental requirements of country. In the composition of export; country sells agricultural products such as tea, spices, and other raw materials. However, with the industrialization of the financial system, compositions of exports changed. Currently, India exports products such as machinery chemicals and marine products. This may enhance the fiscal condition of India.
Abstract: The outlook for Indian exports in 2016/17 is expected to remain weak due to continued moderation in growth in China and the general slowdown in emerging markets economies. Low commodity prices and a global slowdown, driven by faltering Chinese economy, is all set to take exports to their lowest in five years in 2015-16. This in turn could derail the recovery process. With exports getting affected and domestic demand subdued, capacity utilisation levels for key sectors will take time to improve, which will delay the recovery process of companies. India's major requirement use to be food grains and other goods in import with fast industrialization, the composition of India's imports goods changed and needed chemicals, fertilizers and machinery which were required to meet the developmental requirements of country. In the composition of export; country sells agricultural products such as tea, spices, and other raw materials. However, with the industrialization of the financial system, compositions of exports changed. Currently, India exports products such as machinery chemicals and marine products. This may enhance the fiscal condition of India.
Foreign trade plays a vital role in the Indian
economy. As the country need to import diverse products so
foreign trade is extremely important to country. India exports
vast number of products and also imports an equal amount of
other products. Although India has steadily opened up its
economy, its tariffs continue to be high when compared with
other countries, and its investment norms are still restrictive.
This leads some to see India as a ‘rapid globalizer’ while
others still see it as a ‘highly protectionist’ economy.
Nonetheless, in recent years, the government’s stand on trade
and investment policy has displayed a marked shift from
protecting ‘producers’ to benefiting ‘consumers’. India is now
aggressively pushing for a more liberal global trade regime,
especially in services. This paper is an attempt to analyse the
major changes in volume, composition and direction of Indian
Foreign Trade.
Major agricultural import and export of pakistanhalamobeen
in this presentation a brief note is given about the major agricultural product of pakistan import and export. also give a small review of pakistan import and export.
A power point presentation about India foreign trade's introduction, compostion of its imports and exports, also the direction of its imports and exports, with the help of some data diagrams.
Role of the Cotton Textiles Export Promotion Council (TEXPROCIL) In the Devel...paperpublications3
Abstract: India, a country which is known for its textile manufacturing and handlooms, since the early times; and this is revealed by literary and archaeological evidences. India’s textiles manufacturing sector is one of the pillar of the national economy. Government of India has taken many steps to create a brand of Indian textile in the global arena. All the exporters are been provided with various different promotion council to promote their items. For each item there is an export council and for textile it is TEXPROCIL (The Cotton Textiles Export Promotion Council). “ By not just pulling away the protectionist measures, but also by enhancing business sector access, avoiding policies which distort competition & also to agree on reforms to world trade regulations; with the help of these council there can be boost in trade and also seize the opportunities that it offers for everyone, in the years to come”. Undoubtedly the coin has two phases similarly, the councils has some failing points also. The drawbacks of the council have leaded the exports to battle with various problems in promoting their products. The problems are been stated below.
Foreign trade plays a vital role in the Indian
economy. As the country need to import diverse products so
foreign trade is extremely important to country. India exports
vast number of products and also imports an equal amount of
other products. Although India has steadily opened up its
economy, its tariffs continue to be high when compared with
other countries, and its investment norms are still restrictive.
This leads some to see India as a ‘rapid globalizer’ while
others still see it as a ‘highly protectionist’ economy.
Nonetheless, in recent years, the government’s stand on trade
and investment policy has displayed a marked shift from
protecting ‘producers’ to benefiting ‘consumers’. India is now
aggressively pushing for a more liberal global trade regime,
especially in services. This paper is an attempt to analyse the
major changes in volume, composition and direction of Indian
Foreign Trade.
Major agricultural import and export of pakistanhalamobeen
in this presentation a brief note is given about the major agricultural product of pakistan import and export. also give a small review of pakistan import and export.
A power point presentation about India foreign trade's introduction, compostion of its imports and exports, also the direction of its imports and exports, with the help of some data diagrams.
Role of the Cotton Textiles Export Promotion Council (TEXPROCIL) In the Devel...paperpublications3
Abstract: India, a country which is known for its textile manufacturing and handlooms, since the early times; and this is revealed by literary and archaeological evidences. India’s textiles manufacturing sector is one of the pillar of the national economy. Government of India has taken many steps to create a brand of Indian textile in the global arena. All the exporters are been provided with various different promotion council to promote their items. For each item there is an export council and for textile it is TEXPROCIL (The Cotton Textiles Export Promotion Council). “ By not just pulling away the protectionist measures, but also by enhancing business sector access, avoiding policies which distort competition & also to agree on reforms to world trade regulations; with the help of these council there can be boost in trade and also seize the opportunities that it offers for everyone, in the years to come”. Undoubtedly the coin has two phases similarly, the councils has some failing points also. The drawbacks of the council have leaded the exports to battle with various problems in promoting their products. The problems are been stated below.
EFFECTIVENESS OF MARKET DEVELOPMENT ASSISTANCE SCHEME IN HANDLOOM AND GEMS AN...SCHOLEDGE R&D CENTER
India is continuously experiencing trade deficit for many decades. It is trying hard to improve its exports. Government of India under the Ministry of Commerce has designed several export promotional measures to give thrust to the export various sectors. Market development assistance (MDA) is one such scheme designed by the government of India to give impetus in developing and promoting exports. This study try to examine how this scheme has helped in reaching the exporters and is it successful in helping them for finding new export markets, buyers, attending more exhibitions, trade fairs, opening new outlets, and increasing variety of products. Also, intend to understand the perception of MDA beneficiaries under handloom and gems & jewellery sectors. Primarily the study is focused on MDA and its impact on gems and jewellery, and handloom exports. The analysis of MDA beneficiaries has shown how both gems and jewellery, and handloom sectors are benefited by availing the MDA scheme. They state that, after availing the MDA, it has helped to improve their performance. They were benefited by attending exhibitions, trade fairs, buyer-seller meet and visiting number of listed countries. This has helped them to increase in sales, up-gradation, finding new markets and improved customer acceptance.
A2 business studies emerging markets indiaSharaff Jamal
This is done by A Level business studies students under the topic Emerging markets, this would be helpful for your Edexcel exam
Prepared by: Sharaff, Juvey, Riyaaxaa, Rifath(Rifoo)
Top 10 Exported and Imported Products in IndiaEximpedia
The export and import industry is an essential part of the Indian economy, contributing significantly to the country's growth and development. India exports a wide range of products, including petroleum products, gems and jewellery, and textiles. On the other hand, India imports various products, including crude oil, electronic goods, and gold. Understanding the top exported and imported products in India can help businesses and policymakers make informed decisions and take advantage of the available opportunities. If you have any queries related to Exim data bank, our professionals are always ready to provide valuable and authentic export import data in India. Connect now to book a free demo!
International business current trends in india presentationGulshan Poddar
this presentation gives you view about current trends going on in india in international business segment
it consists of export import trade balance or deficit and also counter trade .
thank you
International Journal of Business and Management Invention (IJBMI)inventionjournals
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online.
The Journal will bring together leading researchers, engineers and scientists in the domain of interest from around the world. Topics of interest for submission include, but are not limited to
India vs China: Trade is an Engine of GrowthAritra Ganguly
India and China are two major players in International Trade with potential to grow. This presentation takes a look at the history between these two great nations, how trade has flourished and helped economies to grow in terms of Trade Balances, how it can contribute to GDP growth, barriers to trade and how each country can maximise their potential in this regard.
India has experienced tremendous economic growth due to its rising exports over time. The exports from India include goods like jewellery, vehicles, and pharmaceuticals. To provide you with more specific information, we have compiled a list of products exported from India that are in great demand and benefit the economy.
The presentation is a representation of facts and figures of India's trading patterns with its partners(countries) and commodities that are exclusively exported and imported frequently. It helps in understanding the frequency and % increase and decrease in import-export in past few years.
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
Latino Buying Power - May 2024 Presentation for Latino CaucusDanay Escanaverino
Unlock the potential of Latino Buying Power with this in-depth SlideShare presentation. Explore how the Latino consumer market is transforming the American economy, driven by their significant buying power, entrepreneurial contributions, and growing influence across various sectors.
**Key Sections Covered:**
1. **Economic Impact:** Understand the profound economic impact of Latino consumers on the U.S. economy. Discover how their increasing purchasing power is fueling growth in key industries and contributing to national economic prosperity.
2. **Buying Power:** Dive into detailed analyses of Latino buying power, including its growth trends, key drivers, and projections for the future. Learn how this influential group’s spending habits are shaping market dynamics and creating opportunities for businesses.
3. **Entrepreneurial Contributions:** Explore the entrepreneurial spirit within the Latino community. Examine how Latino-owned businesses are thriving and contributing to job creation, innovation, and economic diversification.
4. **Workforce Statistics:** Gain insights into the role of Latino workers in the American labor market. Review statistics on employment rates, occupational distribution, and the economic contributions of Latino professionals across various industries.
5. **Media Consumption:** Understand the media consumption habits of Latino audiences. Discover their preferences for digital platforms, television, radio, and social media. Learn how these consumption patterns are influencing advertising strategies and media content.
6. **Education:** Examine the educational achievements and challenges within the Latino community. Review statistics on enrollment, graduation rates, and fields of study. Understand the implications of education on economic mobility and workforce readiness.
7. **Home Ownership:** Explore trends in Latino home ownership. Understand the factors driving home buying decisions, the challenges faced by Latino homeowners, and the impact of home ownership on community stability and economic growth.
This SlideShare provides valuable insights for marketers, business owners, policymakers, and anyone interested in the economic influence of the Latino community. By understanding the various facets of Latino buying power, you can effectively engage with this dynamic and growing market segment.
Equip yourself with the knowledge to leverage Latino buying power, tap into their entrepreneurial spirit, and connect with their unique cultural and consumer preferences. Drive your business success by embracing the economic potential of Latino consumers.
**Keywords:** Latino buying power, economic impact, entrepreneurial contributions, workforce statistics, media consumption, education, home ownership, Latino market, Hispanic buying power, Latino purchasing power.
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
3. Import
An import is a good brought into a jurisdiction,
especially across a national border, from an
external source.
The import sector of Indian economy is one of
the most important sector of India's economic
health. Imports in India increased to 39956.20
USD Million in July of 2014 from 38243 USD Million
in June of 2014.
The 2 commodities that India is highly
dependent on from foreign imports are mineral
fuels and oils & pearls and precious and semi-precious
stones. Other products include nuclear
and electrical equipment, machinery, organic
chemicals, plastics & iron and steel.
4. Top Import Sources
India's top import source is China followed by the
UAE, Switzerland and Saudi Arabia. The UK came in
at 21st place in 2011-12 with India importing a total
of $7.7bn. In the six months recorded so far for 2012-
13, the UK has dropped a place and has a 1.4%
share of the India's import sources.
The table below shows India's imports and exports
by country including the share.
5. Top ten exporters to India
Country 2012-2013 (Apr- Sep) %Share (2012-2013 (Apr- Sep)
CHINA 28025.57 11.92
UAE 19622.81 8.35
SAUDI ARABIA 16094.83 6.85
USA 12208.05 5.19
SWITZERLAND 10779.45 4.59
IRAQ 9803.79 4.17
QATAR 8144.45 3.47
KUWAIT 8134.73 3.46
GERMANY 7154.41 3.04
INDONESIA 6944.86 2.95
6. Top Imports
1. CRUDE OIL-
India overtook Japan to become the
THIRD LARGEST crude oil importer in the
World.
India imported 3.86 million barrels-per-day
of crude oil in the year 2013.
India's crude oil imports were nearly 6
percent higher than Japan's .
India is diversifying its crude purchases,
tapping nations like
Brazil, Columbia and Venezuela in the
Latin America for supplies.
Crude petroleum is India's biggest
import with $155bn spent on it in 2012
7. Top Imports
2. GOLD-
Relaxation in curbs on gold imports by the new
government and decrease in premium on gold have led
to highest gold imports in the state in last 13 months.
According to latest figures, 14.33 metric tonnes (MT) of
gold were imported in June 2014 compared to 3.74 MT
in the same period in 2013, recording growth of 74%.
8. Top Imports
3. ELECTRONICS-
During 3-Aug-2014 to 3-Sep-2014, India imported
electronic component worth USD 515,142.
JNPT accounted for 52% of Import followed by Bombay
Air and Delhi Air which account for 20% and 15% of
imports respectively.
Average value per shipment of electronic component
imports in India is USD 46,831.
Currently, 65 per cent of demand for electronic
products is met by imports in the country.
9. Top Imports
4. COAL-
Import of coal is practically rising every month and
every year, and it is likely to remain so as domestic
production is not enough to meet demand.
Imports of thermal coal, used in power generation,
are expected to surge 11% to 150 million tonnes this
fiscal year.
Of the total imports in July, thermal coal accounted
for 14.5 million tonnes,based on monitoring of vessels’
positions and figures from shipping companies.
12. Export
Export is the shipping of goods and services out of the port of a country.
India’s main export partners are United Arab Emirates (12 percent of total
exports) and United States (11 percent). Others include: China,
Singapore, Hong Kong and Netherlands.
Major export items of India :
Live animals, milk products
Wheat, rice, coffee, tea, spices, cumin seed, tamarind powder,
sesame seed, sugar, henna, herbal extract, medicines, fertilizers,
chemicals, salt
iron ores, minerals
books, leather products, textile, dyes and pigments, home furnishing,
footwear, brass items, Aluminium items, sanitary wear, ceramic
glassware, flanges, fittings, embroidered and Zari items
pipe and pipe fittings, handicraft, cables, medical disposables,
laboratory equipments, surgical equipments, sports goods, wooden
furniture and various other engineering and electrical products
13. Top Exports
1. AGRICULTURE:
Export of Plantation crops during 2011-12(April–October),
increased by 39.29 per cent in US $ terms
Export of Coffee registered a growth of 77.50 per
cent.Export of Tea also increased by 9.34 per cent.
During 2011-12,exports of commodities like Cereals,
Pulses, Tobacco, Spices, Nuts and Seeds, etc. registered
an increase from US $ 8165.03 million to US $ 13300.63
million during the current year.
14. Top Exports
2. Ores and Minerals
Exports of Ores and Minerals were estimated at US $
4700.29 million during 2011-12 (April-October) registering
a negative growth of 8.32 per cent over the same
period of the previous year. Other ores & minerals 78.37
per cent and Mica has registered a growth of 5.74 per
cent, respectively.
3. Leather and Leather Manufactures
Export of Leather and Leather Manufactures recorded a
growth of 27.64%,increasing the value of exports to US $
2704.51 million.Leather Footwear also registered a
growth of 24.55%.
15. Top Exports
4. Gems and Jewellery
The export of Gems and Jewellery during 2011-12
increased to US $ 27664.09 million from US $ 16770.33
million, showing a growth of 64.96%
5. Chemicals and Related Products
During the period 2011-12,the value of exports of
Chemicals and Allied Products increased to US $
21977.24 million, showing growth of 35.02%. Rubber,
Glass & Other Products, Residual Chemicals & Allied
Products, Basic Chemicals, Pharmaceuticals &
Cosmetics and Plastic & Linoleum have also registered a
positive growth.
16. Top Exports
6. Textiles
During the period 2011-12 the value of Textiles
exports was estimated at US $ 15101.96 million
recording a growth of 25.98%.The export of
Readymade Garments registered a growth of
28.60%, Cotton yarn/Fabrics/Made-ups etc.
registered a growth of 23.06%, Wool and Woollen
manufactures 54.21%, Coir and coir manufactures
38.85%, Manmade Textiles & Made Ups has shown a
growth of 30.25%,
19. NEW GOVERNMENT POLICIES
The new Foreign trade Policy will focus on ways to boost
India’s exports and reduce dependence on imports.
Therefore, the focus of the new policy would be to
vigorously promote both exports and imports with
significantly substantial focus on exports.
Old procedures and regulations governing exporters will be
trimmed and pruned to suit the export requirements of the
modern times so that the realistic targets are made
achievable.
It would be the attempt of the policy makers to take
India’s share in global trade to over 5 per cent from current
level of 2 per cent in the next five year period.
On the pharmacy sector, the new government will make
sure that the domestic industry gets a fair deal in other
countries.
20. Examples of Policies
1. EXIM POLICY
The main objective of the Exim Policy is:
To accelerate the economy from low level of economic
activities to high level of economic activities by making it a
globally oriented vibrant economy and to derive maximum
benefits from expanding global market opportunities.
To stimulate sustained economic growth by providing access to
essential raw materials, intermediates, components,'
consumables and capital goods required for augmenting
production.
To enhance the techno local strength and efficiency of Indian
agriculture, industry and services, thereby, improving their
competitiveness.
To generate new employment.
Opportunities and encourage the attainment of internationally
21. Examples of
Policies
2. Export Incentives
The Government of India has framed several schemes to
promote exports and to obtain foreign exchange. These
schemes grants incentive and other benefits. The few
important export incentives, from the point of view of
indirect taxes are briefed below:
3. Free Trade Zones (FTZ)
No excise duties are payable on goods manufactured in
these zones provided they are made for export purpose.
23. India Trade Promotion
Organization
India Trade Promotion Organisation (ITPO),
headquartered at Pragati Maidan, is the nodal
agency of the Government of India for promoting
country's external trade. It’s promotional tools
include organizing of fairs and exhibitions in India
and abroad, Buyer-Seller Meets, Contact Promotion
Programmes, Product Promotion Programmes, etc.
24. ITPO
The main activities of the ITPO include:
Timely and efficient services to overseas buyers in vendor identification,
drawing itineraries, fixing appointments and even accompanying them
where required.
Establishing durable contacts between Indian suppliers and overseas
buyers.
Assisting Indian companies in product development and adaptation to
meet buyers' requirements.
Organising Buyer-Seller Meets and other exclusive India shows with a view
to bringing buyers and sellers together.
Organising India Promotions with department stores and Mail Order
Houses abroad.
Participating in overseas trade fairs and exhibitions.
Arranging product displays for visiting overseas buyers.
Organising seminars/conferences/workshops on trade-related subjects
Encouraging small and medium scale units in export promotion efforts.
Conducting in-house and need-based research on trade and export
promotion.
25. EXIM Bank
Export-Import Bank of India is the premier export
finance institution in India, established in 1982 under
the Export-Import Bank of India Act 1981. Since its
inception, Exim Bank of India has been both a
catalyst and a key player in the promotion of cross
border trade and investment.
26. EXIM Bank
The objectives of EXIM Bank include:
1. To ensure and integrated and co-ordinated approach in
solving the allied problems encountered by exporters in India.
2. To pay specific attention to the exports of capital goods;
3. Export projection
4. To facilitate and encourage joint ventures and export of
technical services and international and merchant banking;
5. To extend buyers’ credit and lines of credit;
6. To tap domestic and foreign markets for resources for
undertaking development and FINANCIAL activities in the
export sector.