Home » Business » Exports from the Manufacturing Sector

Exports from the Manufacturing Sector

Major commodity-group wise data on merchandise exports in last five years is at Annexure.

The Government has taken the following key steps to boost exports:

    1. The mid-term review of the current Foreign Trade Policy (2015-20) was carried out in December 2017.
    2. Foreign Trade Policy (2015-20) extended by one year i.e. upto 31-3-2021 due to the COVID-19 pandemic situation.
    3. Interest Equalization Scheme on pre and post shipment rupee export credit has also been extended by one year i.e. upto 31-3-2021.
    4. A new Scheme, Remission of Duties and Taxes on Exported Products (RoDTEP), has been launched.
    5. Common Digital Platform for Certificate of Origin has been launched to facilitate trade and increase FTA utilization by exporters.
    6. A comprehensive “Agriculture Export Policy” to provide an impetus to agricultural exports related to agriculture, horticulture, animal husbandry, fisheries and food processing sectors, is under implementation.
    7. Promoting and diversifying services exports by pursuing specific action plans for the 12 Champion Services Sectors.
    8. Promoting districts as export hubs by identifying products with export potential in each district, addressing bottlenecks for exporting these products and supporting local exporters/manufacturers to generate employment in the district.
    9. Active role of Indian missions abroad towards promoting India’s trade, tourism, technology and investment goals has been enhanced.
    10. Package announced in light of the covid pandemic to support domestic industry through various banking and financial sector relief measures, especially for MSMEs, which constitute a major share in exports.

Annexure

India’s major commodity groups-wise export during last five years

Value in US$ millions

S. No Major Commodity groups 2015-16 2016-17 2017-18 2018-19 2019-20
1 Engineering Goods 61949.53 67216.12 78695.69 83621.65 78704.38
2 Petroleum Products 30582.64 31545.27 37465.08 46553.58 41288.73
3 Gems And Jewellery 39284.27 43412.75 41544.44 40251.03 35898.48
4 Organic & Inorganic Chemical 13696.98 14476.87 18508.5 22379.30 22082.78
5 Drugs And Pharmaceuticals 16909.49 16785.01 17282.81 19146.55 20703.46
6 Rmg Of All Textiles 16964.36 17368.16 16706.94 16138.29 15488.06
7 Electronic Goods 5959.52 5962.94 6393.12 8829.43 11700.57
8 Cotton Yarn/Fabs./Madeups, Handloom Products Etc. 10119.36 9862.21 10260.36 11215.15 10027.73
9 Plastic And Linoleum 5764.18 5796.47 6851.13 8607.48 7551.55
10 Marine Products 4767.51 5903.05 7389.22 6802.56 6722.06
11 Rice 5846.62 5733.77 7806.15 7750.61 6403.23
12 Man-Made Yarn/Fabs./Madeups Etc. 4621.66 4557.08 4826.33 4980.51 4821.42
13 Leather And Leather Manufactures 5407.84 5165.61 5289.13 5140.85 4658.48
14 Mica, Coal And Other Ores, Minerals Including Process 3656.04 3578.15 3776.88 4254.71 3948.40
15 Meat, Dairy And Poultry Products 4575.47 4368.79 4610.06 4363.72 3714.30
16 Spices 2541.46 2851.95 3115.37 3322.45 3621.37
17 Ceramic Products And Glassware 1712.05 1856.61 2131.78 2649.16 2870.65
18 Iron Ore 191.46 1533.53 1471.06 1317.29 2624.96
19 Fruits And Vegetables 2268.81 2454.72 2513.33 2540.90 2380.48
20 Handicrafts Excl. Hand Made Carpet 1648.00 1926.73 1823.34 1838.08 1797.85
21 Cereal Preparations And Miscellaneous Processed Item 1319.75 1270.84 1416.64 1555.45 1527.04
22 Carpet 1440.07 1490.19 1429.82 1481.85 1373.30
23 Oil Seeds 1246.89 1355.24 1174.34 1156.77 1318.06
24 Tobacco 982.01 958.68 934.25 981.33 905.16
25 Oil Meals 553.01 805.43 1093.16 1508.65 827.89
26 Tea 720.03 731.26 837.36 830.93 826.53
27 Coffee 783.87 842.85 968.57 822.34 738.86
28 Cashew 768.55 786.93 922.41 654.43 566.82
29 Jute Mfg. Including Floor Covering 295.36 309.94 335.08 324.93 342.61
30 Other Cereals 261.18 212.31 248.59 348.97 205.20
31 Others 15453.12 14732.97 15705.22 18709.16 17720.63
   India’s total export 262291.09 275852.43 303526.16 330078.09 313361.04

Source: DGCI&S, Kolkata

This information was given by the Minister of State in the Ministry of Commerce and Industry, Shri Hardeep Singh Puri, in a written reply in the Rajya Sabha today.

About IIPnews

Leave a Reply

Your email address will not be published. Required fields are marked *

*

x

Check Also

India Showcases Digital Public Infrastructure, Proposes SCO Cooperation on Fair and Secure E-Commerce Frameworks

India stressed the scope to leverage the Shanghai Cooperation Organisation’s (SCO) collective strengths for shared ...

AURIC Smart City Celebrates Six Years of Industrial Excellence and Transformation

AURIC (Shendra-Bidkin Industrial Area) in Chhatrapati Sambhajinagar, Maharashtra proudly marks its sixth anniversary, celebrating a ...

DPIIT Completes Migration of Industrial Entrepreneur Memorandum (IEM) Services from G2B Portal to National Single Window System (NSWS)

Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, has ...

DPIIT and Thermo Fisher Scientific Sign MoU to Strengthen India’s Biotech Startup Ecosystem

Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce & Industry, signed ...

IIFT Launches International Trade Negotiations Program for Department of Commerce Officials

The Indian Institute of Foreign Trade (IIFT) inaugurated the International Trade Negotiations Program for officials ...

Indian Exporters Advised to Leverage India–UK CETA for Growth, MSMEs Urged to Tap New Markets

The Directorate General of Foreign Trade (DGFT), Regional Authority Delhi, under the Ministry of Commerce ...

Guidebook on Mapping of Harmonized System of Nomenclature (HSN) Codes unveiled byUnion Minister of Commerce & Industry, Shri Piyush Goyal

Union Minister of Commerce and Industry, Shri Piyush Goyal, released the Guidebook on Mapping of ...

Government Cracks Down on Substandard Imports of Goods to Protect Domestic Industry

The Government of India has implemented various measures to curb the import of substandard goods ...

ULIP launch simplifies industry access to data through API-based integration 

Under the National Logistics Policy 2022, various actions have been undertaken to overcome key challenges ...

The cumulative value of merchandise exports during April-September 2024 was USD 213.22 Billion, as compared to USD 211.08 Billion during April-September 2023, registering a positive growth of 1.02%.

India’s total exports (Merchandise and Services combined) for September 2024* is estimated at USD 65.19 ...