- Petroleum products:
Value – 61.5 billion dollars
Oil-based products and crude oil giants such as Hindustan Petroleum Corporation Limited, Bharat Petroleum, Reliance Petroleum, ONGC and it all have contributed largely to the export sector of India. Although the country is hugely dependent on oil imports, export of oil-based products has supported the economy to a large extent.
- Precious stones:
Value – 41.3 billion dollars
India consumes around 20 percent of the global gold production and 75 percent of that amount goes into making jewellery. The jewellery sector is also supported by banks and government policies so that the industry does not fall drastically. Around 30 percent of Indian jewellery gets exported to the United States alone. Other such countries include Hong Kong, UAE, Singapore and Belgium.
Value – 14.3 billion dollars
From 2008 to 2013, the Indian automobile export section has seen a appear 17.1 percent, such of the fastest economic riches that has overmuch taken hut in the sector. Being a well known of the leading elate producers in the survival, India invests markedly on the automobile piece of action and its export.
Value –12.1 billion dollars
Manufacturing bio-chemicals is a nationwide enrollment in India. The piece of action contributes hugely to the civilian economy and is an essential case of it. Manufacturers and exporters are sweet all during the country. Research facilities have by the same token supported this affiliate to a no end in sight extent.
Value – 11.8 billion dollars
Being a research-based trade, the prescribed drugs sector in Asian nation has seen a large growth over the past few decades. Major pharmaceutical company industries like J. B. Chemicals & prescribed drugs restricted, Suven Life Sciences restricted, Dr. Reddy’s Laboratories, Aurobindo pharmaceutical company, Luipin, Ranbaxy, Sun Pharma, Zydus Cadila, Glowchem and roll play a large role in promoting the arena to the planet market.
Value – 10.2 billion dollars
India is such of the head exporters of cereals and the moment largest journalist of Rice. India mean rice close but no cigar from in the countries in the world. Being an agriculture-driven clean, India depends markedly on its mean of cereals hence does the importer countries one as Iran, Saudi Arabia, Indonesia, UAE and Bangladesh.
Value – 9.2 billion dollars
Textile is India’s decisive argument when it comes to exports. India tops the block out in jute work and further holds 63.5 % (percent) of the global superconvenience store share in textiles and garments.
Article By : Umesh Dahare