India's Foreign Trade
Title: India's Foreign Trade
Category: /Business & Economy/Global Economy
Details: Words: 1927 | Pages: 7 (approximately 235 words/page)
India's Foreign Trade
Category: /Business & Economy/Global Economy
Details: Words: 1927 | Pages: 7 (approximately 235 words/page)
Imports Overview
Commoditywise
Five major commodities, led by petroleum crude and products, account for 66 percent of country's total imports. Other product groups include pearls, machinery, gold and silver, electronic goods and organic & inorganic chemicals. In six years (1994-95 to 2000-01) share of petroleum and other petro products in India's total imports increased by 10.84 percent; pearls by 3.97 percent; and electronic goods by 6.43 percent. Share of gold and silver in country's total imports during this
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markets, incentives and assistance and policy measures is imparted at such seminars.
Footnote: An EXIM policy contains various policy decisions taken by the government in the sphere of foreign trade and more especially export promotion measures, policies and procedures related thereto.
An exporter faces three types of competitions in the highly competitive International Market.
1] Competition from local exporters
<Tab/>2] Competition from international exporters
3] Competition from local suppliers in the importing country