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Commerce and Industry

ENGINEERING CLUSTERS

The Government has set up engineering clusters in the country under the Industrial Infrastructure Upgradation Scheme (IIUS). District-wise details of Engineering Clusters projects set up in the country and funds sanctioned/allocated/released/utilized along with their progress under the scheme is given below: Completed projects: Rs. in crore Sl. No. Name of the Industrial Cluster District State Date of Approval Total Project ...

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Export of Organic Foodgrains

The National Centre for Organic Farming (NCOF), under the Ministry of Agriculture & Farmers Welfare, is the nodal organization for organic farming in the country. NCOF implements the National Project on Organic Farming (NPOF) to promote production, certification and marketing of organic products. The National Programme for Organic Production (NPOP), introduced by the Department of Commerce, is aimed at regulation ...

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Previous Highest Ever yearly exports crossed in 10 months this year with figures touching USD 336 billion approximately

India’s merchandise export in January 2022 increased by 23.69% to USD 34.06 billion over USD 27.54 billion in January 2021; records increase of 31.75% over USD 25.85 billion in January 2020. India’s merchandise export in 2021-22 (April-January) rose by 46.53% to USD 335.44 billion over USD 228.9 billion in 2020-21 (April-January); marks an increase of 27.0% over USD 264.13 billion ...

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India’s merchandise export in January 2022 increases by 23.69% to USD 34.06 billion over USD 27.54 billion in January 2021; records increase of 31.75% over USD 25.85 billion in January 2020

India’s merchandise import in January 2022 was USD 52.01 billion, an increase of 23.74% over USD 42.03 billion in January 2021 and an increase of 26.38% over USD 41.15 billion in January 2020. India’s merchandise import in 2021-22 (April-January) was USD 495.83 billion, an increase of 62.68% over USD 304.79 billion in 2020-21 (April-January) and an increase of 22.3% over ...

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APEDA supporting farmers to explores new markets for natural honey exports; currently 80% of exports go to United States

To harness export potential of honey in line with the Prime Minister Shri Narendra Modi’s vision of a ‘Sweet Revolution’ through promotion of beekeeping and allied activities, the Agricultural and Processed Food Products Export Development Authority (APEDA) has been giving thrust on boosting exports through ensuring quality production and market expansion to newer countries. At present, India’s natural honey exports ...

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IMPORT DATA

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, ...

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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 ...

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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 ...

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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 ...

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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 ...

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