The major export industries of
India are the agriculture sector, the leather and leather products
sector, paper and paper products, handicrafts, and other which is
being discussed in this section.
Indian exporting industries are growing rapidly. The sectors
mentioned is improving day by day and they are more focussed towords
the export part.
Agriculture
The agriculture sector was the main stay of the Indian economy for
decades, now accounts for only about 25% of GDP, employing over 50%
of the population. The Food Processing Industry is one of the
largest in terms of production, consumption, export and growth
prospects. The important sub sectors of it are Fruit & Vegetable
Processing, Fish-processing, Meat & Poultry Processing, Milk
Processing, Packaged/Convenience Foods, Alcoholic beverages &
Soft drinks and Grain Processing etc.
Leather/Leather Products
India accounts for 2% of world trade in leather and leather
products and 10% of leather raw materials. Leather exports in India
account for 7% of which 80% is exported to US and some European
countries. The new markets being developed are South Africa,
Australia, New Zealand, Canada, Japan, Spain, Portugal, Saudi
Arabia. The main production centres are Tamil Nadu, West Bengal,
Uttar Pradesh, Delhi, Punjab, Maharashtra and Karnataka.
The types of leather products exported are as follows:
- Leather Footwear
- Footwear Components (Shoe Uppers, Soles, etc.)
- Leather Garments
- Leather Goods (Including Harness & Saddlery, Leather
Gloves, etc.)
- Finished Leather
Paper and Paper Products
The paper industry has made India self-sufficient in manufacturing
most varieties of paper, paperboard and newsprint. Currently 61% of
the total production is based on non-wood raw material, the rest is
wood based. The industry is highly fragmented with varying
capacities from as 15 tpa to 300 tpa and above.
Handicrafts
The handicrafts sector in India enjoys a special significance in
the economy in terms of employment generation along with earnings of
foreign exchange through exports. The reason in the boom of this
industry is the easy availability of raw material and manpower, low
capital requirements and employment potential. Talented and skilled
people are also a major key driver.
Apparel & Textiles
See Textiles under
Major
Industries in India
Plastic and Plastic Products
The Indian Plastic Industry exports its products to more than 150
countries in the world. Its major trading partners are USA, UAE,
Italy, UK, Russia, Saudi Arabia, Belgium, Singapore, Sri Lanka, Hong
Kong, Germany, South Africa, Egypt, Netherlands and Spain.
Chemicals
See Chemicals under
Major
Industries in India
Engineering Goods
The Engineering industry is very diverse in India with a number of
distinct sectors. Capital goods represent as one of the major
sector, consisting both electrical as well as non-electrical
machinery, transport equipment and machine tools. Its sub-sectors
include castings, forgings and foundries. In Machine tools, India is
the 18th largest producer in the world.
The key driver of the industry is technology which increases
manufacturing efficiency, reduces power consumption and improves
environment friendliness. A good number of Engineering Goods
manufacturers have strong technical collaborations with some of the
leading foreign engineering firms and they facilitates absorption of
latest Technologies.
Gems and Jewellery
One of the foremost foreign exchange earners of India is its Gem
and Jewellery Industry. The country's global market share of
diamonds is 55% by value, 80% by cartage and 95% by pieces. India
dominates the world's cut and polished diamonds (CPD) market. In
terms of value, it accounts for nearly 55% of global polished
diamond market and 9% of the jewellery market. The focus areas
include USA, Japan, Europe, Middle East and other emerging markets.
Click here for Major
Industries in India
