India'S Export Portfolio Changed From 10.7% To 9%.

2011/5/9 9:03:00 44

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India Export Commodities

India

Ministry of Commerce and Industry

Deputy RahulKhullar said India exports.

commodity

Portfolio is facing

change

In the next few years, machinery, pharmaceuticals, chemicals, electronics and other products will now be accounted for.

Export proportion

It will increase to 39.2% in 31.9% years and 3 years.

Traditional industries

The proportion will drop slightly, but still occupy an important position. Textile, leather and handmade fabrics will be reduced from 10.7% to 9% and jewellery from 16.3% to 16%.

2010-11 in the fiscal year, despite the weak demand in the European market and the financial crisis, India's exports still grew by 37.5%, amounting to US $245 billion 900 million, which exceeded US $200 billion expected by the Ministry of Commerce and industry.

Export growth comes from some Western European countries, the United States, the emerging Latin American and African markets, and mechanical products show a bright eye and grow by 85%.

The Ministry of Commerce and industry expects that the export growth rate will be 20%-25% this year, amounting to 2600-2750 billion US dollars.