Product Exported From India.docx

PRODUCT EXPORTED FROM INDIA India is exporting many essential products to other countries and the foreign markets are vibrant with Indian products. Some of the major items exported from India are listed here by.

Leather Goods Leather goods are one among the major export products of India. India has become the front-runner in exporting leather goods and accessories to different parts of the world. The main leather items include leather bags, belts, leather pouches, handbags. The gift items like key rings, leather journals and leather covered notebooks have a huge demand in foreign countries. There are numerous small scale and large scale entities in India which are constantly engaged in exporting leather goods to foreign countries.

Medical Appliances and Its Accessories Indian made medical appliances are famous for quality and variety in most of the foreign countries. Some of the common medical appliances include absorbent gauze, sterile gloves surgical face masks, surgical caps crepe bandages and other surgical disposables. Special medical appliances such as baby incubators, air ionizers’ and digital imaging software are also having a good market in most of the foreign countries. There are numerous companies in small scale and large scale which are devoted in exporting medical appliances and accessories.

Frozen Meat Different kinds of fish, shrimps, frozen meat, rice are other products that have potential markets overseas. Export of prawns also earned good revenue to the exchequer in a great way. India is abundant in different varieties of fish like prawns. Processed meat and prawns are cheap when compared to other countries and you can expect good revenue by exporting these natural items.

Apparels Indian T-shirts and vests also have a good market in foreign countries, especially in the Middle East. Your profit margin will be high if you export apparels to these countries.

Cement Products Dubai imports capital goods, cement and food products from India. Most common items from India include precious metals. These products have good market in the entire Middle East and in countries like Pakistan, Bangladesh, and Nepal

Aircraft and Automobile products Recently aircraft sales have also shown a good increase. India manufactures most of the automobiles with a piston engine, these and other automobile spare parts also collect good amount of foreign money.

Handicrafts In our villages, most people especially ladies earn a living making handicraft items. They exhibit these products are famous metros. Foreign tourists who are interested make bulk orders and the country gets chance to export these items.

Agricultural Products Organically produced agricultural products have good demand in almost all foreign countries. Organic agricultural export market is also vibrant in foreign countries. Major export market for Indian producers’ include China, Australia, Canada, France, Germany, Italy, Sweden, Singapore and Saudi Arabia

Electronic Goods Every country has set up special economic zones to enable manufacturing and trading for export purposes. There are immense opportunities for electronic good and the Indian hardware sector which always continues to be dynamic as always. Both hardware and software are sectors have made significant strides in the past two decades. The Indian IT industry has made improvements in quality standards in products and services. Foreign MNC’s can establish their manufacturing facilities in India and thereby India can export services required for international IT giants.

Cereals and Pulses Cereals such as rice, wheat, corn and barley are the fastest growing export categories in recent times. India is earning good revenue by exporting these items nowadays.

Pharmaceuticals and Miscellaneous Medicines The export sales of pharmaceuticals and miscellaneous medicines have also shot up recently. There are good markets for these items in the neighbouring countries of India.

Indian Machinery Goods The Indian machinery goods also posted fantastic export sales in recent years. Also, diamonds and handmade jewelery are other important products that have very good market in foreign countries.

IMPORT ITEMS OF INDIA The following are main imports: (i) Chemical fertilizers: To increase the productivity of land fertilizers are used. India imports large quantity of chemical fertilizers from U.S.A., Russia and E.U. In 2004-05. Chemicals fertilizers worth Rs. 5140 crore were imported. (ii) Cashew Nuts: ADVERTISEMENTS:

India imports cashew-nuts after processing they are exported. In 2004-05 cashew-nuts worth Rs. 1755 crore were imported. (iii) Edible oils: India imports edible and oil seeds in large quantity. Oils are mainly imported from USA and Canada. In 2004-05 oil worth Rs. 10500 crore was imported. (iv) Food grains: After independence India faced acute shortage of food grains. So food grains were imported from America, Australia, Canada, Burma and Argentina. In 1975, food grains worth Rs. 1058 crores were imported. Due to Green Revolution imports went down in 1978-79 and 1980. In 2004-2005 food grains worth Rs. 115 crore were imported. In 200607, food grains from Australia were imported. (v) Iron and Steel: India is still dependent in production of iron and steel. It imports steel every year. It is imported from USA, UK, Italy and France. In 2004-05, steel was imported worth Rs. 11675 crore. (vi) Machinery: To meet the need of industrialisation, India imports machines on a large scale. These are imported from America, England, Germany,

Japan and Russia. In 2004-05 machines worth Rs. 37335 crore were imported. ADVERTISEMENTS:

(vii) Medicines: India imports medicines. In 2004-05 medicines worth Rs. 3250 crores were imported. (viii) Non-ferrous Metals: Metals other than iron are called non-ferrous metals. These are zinc, copper, lead and tin. These metals are imported from Brazil, USA and Malaysia. In 2004-05 non-ferrous metals worth Rs. 54825 crore were imported. (ix) Petrol and Petroleum products: India imports 35% of its petroleum requirements from foreign. Petroleum comes from Iran, Kuwait, Iraq and Saudi Arabia. In 200405, petroleum worth Rs. 134095 crore were imported. (x) Paper: India imports paper from Yugo Slovakia and Sweden. Paper worth Rs. 3590 crore were imported in 2004-05. (xi) Precious stones: Precious stones are Germs, Ruby and Sapphire etc. These are imported from Belgium and America and after finishing, these are exported. In 2004-05, stones worth Rs. 42385 crore were imported. (xii) Plastic: Plastic is imported from USA, UK and Japan Plastic worth Rs. 6290 crore was imported in 2004-05. (xiii) Transport equipment: For economic development, efficient means of transport are quite essential. Motor vehicles, ships, aero planes etc. are imported from abroad. These are imported from USA, Britain, Germany, Italy and

Japan. Transport equipment wroth Rs. 15165 crore were imported in 2004-05. (xiv) Wool: India imports wool from New Zealand and Australia. In 2004-05 India imported wool worth Rs. 890 crores.