Site icon CA Cult

Exports from the Manufacturing Sector

Exports from the Manufacturing Sector

Posted On: 19 MAR 2021 4:00PM by PIB Delhi

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. NoMajor Commodity groups2015-162016-172017-182018-192019-20
1Engineering Goods                                          61949.5367216.1278695.6983621.6578704.38
2Petroleum Products                                         30582.6431545.2737465.0846553.5841288.73
3Gems And Jewellery                                         39284.2743412.7541544.4440251.0335898.48
4Organic & Inorganic Chemical                            13696.9814476.8718508.522379.3022082.78
5Drugs And Pharmaceuticals                                  16909.4916785.0117282.8119146.5520703.46
6Rmg Of All Textiles                                        16964.3617368.1616706.9416138.2915488.06
7Electronic Goods                                           5959.525962.946393.128829.4311700.57
8Cotton Yarn/Fabs./Madeups, Handloom Products Etc.          10119.369862.2110260.3611215.1510027.73
9Plastic And Linoleum                                       5764.185796.476851.138607.487551.55
10Marine Products                                            4767.515903.057389.226802.566722.06
11Rice                                                       5846.625733.777806.157750.616403.23
12Man-Made Yarn/Fabs./Madeups Etc.                           4621.664557.084826.334980.514821.42
13Leather And Leather Manufactures                           5407.845165.615289.135140.854658.48
14Mica, Coal And Other Ores, Minerals Including Process      3656.043578.153776.884254.713948.40
15Meat, Dairy And Poultry Products                           4575.474368.794610.064363.723714.30
16Spices                                                     2541.462851.953115.373322.453621.37
17Ceramic Products And Glassware                             1712.051856.612131.782649.162870.65
18Iron Ore                                                   191.461533.531471.061317.292624.96
19Fruits And Vegetables                                      2268.812454.722513.332540.902380.48
20Handicrafts Excl. Hand Made Carpet                         1648.001926.731823.341838.081797.85
21Cereal Preparations And Miscellaneous Processed Item       1319.751270.841416.641555.451527.04
22Carpet                                                     1440.071490.191429.821481.851373.30
23Oil Seeds                                                  1246.891355.241174.341156.771318.06
24Tobacco                                                    982.01958.68934.25981.33905.16
25Oil Meals                                                  553.01805.431093.161508.65827.89
26Tea                                                        720.03731.26837.36830.93826.53
27Coffee                                                     783.87842.85968.57822.34738.86
28Cashew                                                     768.55786.93922.41654.43566.82
29Jute Mfg. Including Floor Covering                         295.36309.94335.08324.93342.61
30Other Cereals                                              261.18212.31248.59348.97205.20
31Others15453.1214732.9715705.2218709.1617720.63
  India’s total export262291.09275852.43303526.16330078.09313361.04

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.

Press Release

Exit mobile version