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India achieves 11.32% growth in exports

EXIM POLICY

India exported goods worth $ 30.221 billion during the first ten months of the current financial year, registering a 11.32 per cent growth as compared to the same period last year.

This was mainly due to better performance in the exports of engineering goods at 22.3 per cent, gems and jewellery at 22.1 per cent, electronic hardware at 19.7 per cent, and chemicals and related products at 10.6 per cent.

Textiles registered an 8.9 per cent increase and handicrafts were up 7.8 per cent, according to a note on the export performance released by the Commerce Ministry today along with the Exim Policy 2000-01.

However, India's this year exports accounted for a mere 0.6 per cent of world exports in 1997 which placed the country 31st on the global list.

The items, which registered negative growth, are plantation at -24.4 per cent, agriculture and allied items at -11 per cent, leather at -8 per cent, and ores and minerals at -1 per cent.

A low growth of up to 10 per cent was observed in transport equipment, edible oil and artificial resins and professional instruments.

Negative performance hit non-ferrous metals, ores and metal scrap, iron and steel, machinery except transport equipment, project goods, coke, coal and briquettes and gold and silver.

UNI

Exim Policy 2000-2001 on rediff.com

The Exim Policy Document

Exim Policy 1999-2000 on rediff.com

Web site of the Ministry of Commerce and Industry

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