India's Foreign Trade

Imports Overview Commoditywise Five major commodities, led by petroleum common and produces, name for 66 portion of countrys total imports. Other product groups admit pearls, machinery, gold and bullion, electronic goods and organic & inorganic chemicals. In six years (1994-95 to 2000-01) share of petroleum and some new(prenominal) petro products in Indias total imports increased by 10.84 per centime; pearls by 3.97 per centum; and electronic goods by 6.43 percent. Share of gold and silver in countrys total imports during this period dropped by 6.79 percent at 8.24 percent and organic & inorganic chemicals by 2.55 percent at 4.91 percent. Movements stupefy been quite varied in the quatern jumper lead categories of imports (oil, non-oil bulk, exporting-related and some other imports). While oil imports deal fluctuated quite significantly, as is to be expected, and move to relatively lofty levels in 1996-97 and 1999-00 to 2000-01, export related imports have shown a menial but uniform rate of increase since 1994-95. Non-oil bulk imports, on the other hand, have stagnated till the mid-1990s, snarfn by a elfin kernel during 1995-97 and stagnated once again thereafter. The really striking take in of the make love is the increase in other imports betwixt 1991-92 and 1998-99, after which they have stagnated.

We must note here, that the segment of imports to the highest degree affected by easiness was the large category of other imports, which includes most make imports controled towards production for or direct sale in the domestic market. The share of that category, which stood at 40 per cent in 1990-91, rose to 47! per cent in 1995-96 and 52 per cent in 1998-99, before falling to 43 per cent in 2000-01 One reason why the other imports category did not rise even further as a result of the liberalisation was the fact that capital goods imports which rose from $4.2 billion... If you want to get a full essay, order it on our website: OrderCustomPaper.com

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