What to Import from

India?

India ranks among the largest bullion markets, and is the 10 the largest holder of gold reserves in the world.

India is the world's largest destination for diamond cutting & polishing.

India's gems and jewelery exports rose 16 percent between 2009-2010, from $ 24.5 billion to $ 28.4 billion.

Cut and polished diamond exports grew 89.02 percent by January 2010, from previous year.

Colored gemstones exports grew 9.2 percent by April 2010 from previous year.

The Indian government has come up with new rules for faster clearance of gems and jewelery exports.

Gems & Jewelry

India's engineering exports had surpassed $ 20 billion by the year 2005-06.

During 2006-07 export growth was to the tune of 33 percent over previous year.

Of India's total engineering exports, capital goods & machinery account for around 38 percent.

Today, 40 percent of India's total engineering exports are bought by developed economies of North America and Europe.

The USA is a major market for Indian engineering products.

India's Engineering Export Promotion Council hopes to sustain an average annual export growth rate of 15 percent for the next few years.

Machinery & Instruments

India's pharmaceutical industry is the third largest in the world by volume, and by value it is the 14th largest.

India's pharmaceutical product exports grew at a (CAGR) of 21.25 percent from $ 7.74 billion in 2007-08 to US$ 7.81 billion in 2008-09.

Between 2008 and 2013, India's domestic drug market is expected to grow at an annual rate of 12 to 15 percent, compared with the global average of 4-7 percent.

India ranks #1 in the export of generic drugs (value $11 billion).

The country's pharma industry is among the world's largest and most developed.

Between 2000 - 2010, the industry has attracted foreign direct investment (FDI) worth $ 1.67 billion.

Drugs & Pharmaceuticals

The Indian Textiles Minister recently prodded the apparel industry to target exporting $25 billion worth garments by 2012.

India's Cotton textiles industry has grown at a rate of 5.5 percent during 2009-10.

Exports of India's cotton textiles grew to reach $4.87 billion in 2006.

India's textile industry has gotten support of the Government in the form of easing of foreign investment, and slashing of import tariffs.

India's cotton crop for 2010-11 is forecast at 32.55 million bales compared with 29.07 million bales in 2008-09.

Cotton & Cotton Textiles

Between 2004-08, computer production grew 31 percent, communication & broadcast equipment 25 percent, strategic electronics 20 percent, industrial electronics 17 percent, and consumer electronics 10 percent.

During the last couple of years electronic components exports have grown at a CAGR of 25 percent.

Of India's total electronic exports, 47 percent comprise electronic components.

The Indian government recognizes electronics manufacturing as a thrust area for development.

The electronic industry has the potential to reach a value of $ 40 billion in 2010.

Electronic Goods

India is the fifth largest producer of crude steel. India's steel exports growing at a CAGR of 20

percent (Belgium & USA are key markets). Aluminum production has been growing at a CAGR

of over 10 percent. Copper industry is growing at a CAGR of 15 percent. The Indian Government has taken up policy

initiatives to boost the metals sector, e.g. allowance of 100 percent foreign equity holding.

Metals

Between 2004-2008, the Indian chemicals market grew at a rate of 16.7 percent.

Indian chemical industry is forecast to grow into a $150 billion market by 2013.

During 2005-06, India exported chemical products worth $5.95 billion.

Indian chemical industry is worth $28 billion in the international market.

Chemicals

Plastic & linoleum products Basmati rice Dyes, intermediates & coal-tar Marine products Paper / wooden products Spices Processed minerals Cosmetics, toiletries, etc. Leather footwear

Other Popular Indian Exports Include

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