Month: February 2023

How has India’s export performance evolved over the past decade?

How has India’s export performance evolved over the past decade? India’s export performance has seen a steady increase over the past decade. The country’s total exports grew from US$ 246.8 billion in 2009-10 to US$ 331.7 billion in 2018-19, registering a compound annual growth rate (CAGR) of 5.8%. The growth in exports was mainly driven by the manufacturing sector,…
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How has the Indian government sought to increase exports?

How has the Indian government sought to increase exports? The Indian government has taken several measures to increase exports. These include: 1. Reducing the cost of doing business by introducing reforms such as the Goods and Services Tax (GST) and the Insolvency and Bankruptcy Code (IBC).   2. Promoting exports through various schemes such as the Merchandise Exports…
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What are the primary markets for India’s exports?

What are the primary markets for India’s exports? India’s exports are primarily focused on four main markets: the United States, the European Union, the United Arab Emirates, and China. 1. The United States: The United States is India’s largest export market. In 2019, India exported goods worth US$51.5 billion to the US, accounting for 17% of India’s…
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 What are the key benefits of India’s exports?

1. Increased economic growth: Exports help to generate income, create jobs, and stimulate economic growth. 2. Balance of payments: Exports help to reduce the trade deficit and improve the balance of payments. 3. Strengthened international relations: Exports help to strengthen ties between countries and promote international cooperation. 4. Diversification of markets: Exports help to diversify markets and reduce dependence on a single market. 5. Access to new technologies: Exports help to access new technologies and promote technological advancement. 6. Increased competitiveness: Exports help to increase competitiveness in the global market and promote innovation. 7. Improved quality of products: Exports help to improve the quality of products and services. 8. Development of new products: Exports help to develop and introduce new products and services in the global market. 9. Expanded market share: Exports help to expand market share and tap into new markets. 10. Increased foreign exchange reserves: Exports help to increase foreign exchange reserves and promote financial stability.|
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Future Export & Import for India

Future Export & Import for India India is a major exporter of a wide variety of goods and services, including textiles, engineering goods, chemicals, leather products, gems and jewelry, processed foods, and software. India has been a major player in the global export market for many years, with exports totaling…
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