Some facts regarding imports in India
IMPORTS – BASE FOR ECONOMY
Since last 3 Decades the overall International Trade has expanded about 3000% from 600 Million US $ to 250 Trillion , as of year 2012.
This quantum jump as indicated has been seen in different segment of products as well as market; From luxury goods to industrial raw material, capital goods, export processing and obligatory crude energy like petroleum, diesel, gas. From high society consumer segment to middle society to lower society consumer, as it leads to market demand which is complimentary to each other for all the economies and transformed the whole world into a global village.
Since last decade the market has become consumer oriented. Taste and behavior have totally changed, now consumerism has created the need of commodities with technological innovation in thousands of varieties. Hence,multinational brands felt the need to capture the global markets with full protection of their Products, Copyrights, Trademarks, and Patents.
Following is the percentages of commodities imported into India as a whole:-
|Raw material & intermediate goods||50%|
|Export related commodities||15%|
|Food & Agro goods||5%|
More detailed facts and figures about Indian Imports are available with IICCI. Please click on the links below for the same:
Sector-wise Foreign Direct Investment (FDI)
India’s Foreign Trade
Imports to India- Some General Information
Imports as share of Domestic Demand (%) click to view histogram
Direction of Foreign Trade
Imports of Principal Commodities
Top 30 Import Suppliers
Central Government Receipts – Major Components
Import performance of items on which QR were removed w.e.f. 31.3.2000
Recently freed list as announced on 31st march, 2000
Imports permitted against special import licence (SIL)
List of Items which are Canalised