The details of India’s overall (merchandise and services) imports along with percentage change from 2009-10 to 2021-22 are as given in the table below: Years Value of Overall Imports (in US$ Billion) 2009-10 348.40 2010-11 450.32 2011-12 567.55 2012-13 571.50 2013-14 528.95 2014-15 529.61 2015-16 465.64 2016-17 480.21 2017-18 583.11 2018-19 640.14 2019-20 602.98 2020-21 511.96 April-October, 2020 250.44 April-October, ...
Read More »Commerce and Industry
FOREIGN DIRECT INVESTMENT
During the last seven financial years, Foreign Direct Investment (FDI) inflows worth US$ 440.26 billion have been reported in India. FDI inflow in India stood at US$ 45.15 billion in 2014-2015 and has increased since then. The financial year wise details are as under: S. No. Financial Year Amount of FDI inflows (in US$ billions) 1. 2014-15 45.15 2. 2015-16 ...
Read More »INDUSTRIAL CORRIDOR
Government of India has taken up implementation of various industrial corridor projects under National Industrial Corridor programme. The aim is to develop greenfield industrial nodes in India which can compete with the best manufacturing and investment destinations in the world. The objective for development of these nodes is to facilitate provision of plug n play infrastructure at the plot level and help ...
Read More »PRIVATE INVESTMENT IN INDUSTRY
Investment Promotion activities are carried out by Government to attract more investments in the country. As a part of steps being taken to improve private interest and investment, ‘Make in India’ initiative was launched on September 25, 2014, to facilitate investment, foster innovation, building best in class infrastructure, and making India a hub for manufacturing, design, and innovation. Investment outreach ...
Read More »REGIONAL TRADE AGREEMENTS
India is actively negotiating Regional Trade Agreements (RTAs)/Free Trade Agreements (FTAs) with the following countries/regions : Sl. Countries/Regions Name of the Agreement 1 UAE India-UAE CEPA 2 Australia India – Australia Comprehensive Economic Cooperation Agreement (CECA) 3 Canada India – Canada Comprehensive Economic Partnership Agreement 4 Israel India – Israel Free Trade Agreement (FTA) 5 United Kingdom India-UK Enhanced Trade ...
Read More »INDIA’S FOREIGN TRADE: November 2021
Overall exports in first 8 months of current FY (April-November 2021) jumped by 37.21%, imports shot up by 61.02% over the same period last year India’s overall exports (Merchandise and Services combined) in November 2021* are estimated to be USD 50.36 Billion, exhibiting a positive growth of 22.80 per cent over the same period last year and a positive growth ...
Read More »Ministry of Heavy Industries supports 520 Charging Stations Infrastructure under the Phase-I of FAME India Scheme
Ministry of Heavy Industries supported 520 Charging Stations/ Infrastructure under the phase-I of FAME India Scheme. Out of 520 charging stations, 452 charging stations has been installed as on 03.12.2021. Further, under phase-II of FAME-India Scheme, Rs. 1000 Cr. is allocated for the development of charging infrastructure. This Ministry has also sanctioned 2,877 Electric Vehicle Charging Stations in 68 cities across 25 States/UTs ...
Read More »New Sponge Iron Industries
The details of State/Union Territory wise number of sponge iron plants operational during FY 2020-21 in the country, including Uttar Pradesh are as following:- State/Union Territory wise details of Indian Sponge Iron Industry, 2020-21 State/Union-territory No of Units Andhra Pradesh 6 Chhattisgarh 69 Goa 3 Gujarat 10 Jharkhand 24 Karnataka 35 Maharashtra 7 Odisha 76 Tamil Nadu 6 Telangana 9 ...
Read More »SHARE OF EXPORTS IN ANNUAL GDP
The details of exports of goods and services and Gross Domestic Product (GDP) at current prices, and percentage share of India’s exports to the GDP for the last five years and current year are as follows: S. No. Year India’s exports of goods and services (in Rs. Crore) GDP (in Rs. Crore) % Share of exports of goods and services ...
Read More »DUES TO EXPORTERS
Government has released Rs 56,027 crore in order to clear pending export incentive dues to exporters, which is for various Schemes namely: Merchandise Exports from India Scheme (MEIS) – Rs 33,010 crore, Service Exports from India Scheme (SEIS) – Rs 10,002 crore, Rebate of State and Central Taxes and Levies (RoSCTL) – Rs 5,286 crore, Rebate of State Levies (RoSL) ...
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