( 1st page ) 

PROJECT NO: 4  A STUDY ON THE MAJOR ITEMS OF EXPORT AND IMPORTS FROM INDIA IN THE LAST FIVE YEARS ANALYSE THE CHANGES. 

                                                                                                      ( next page ) 

Introduction 

                 

                                          

                         Public Sector and Private Sector in India have been contributing a lot for the promotion

of India's export  and have Paved a successful way for import substitution in the country. The term export means shipping of goods and Services out of the ports of the country, the seller of such goods is referred to as exporters. In International trade, export refers to selling of goods and services produced in the home country to other markets. The import is a goods

 come from other countries. The major exports of India include leather, medical appliances and equipment, textiles and so on. 

                                                                                  

                                                                                             ( next page ) 

Presentation 

                           A publication on India's trade and investment by Exim Bank highlights the trend in exports moving towards southern countries, Particularly in the Asian and African regions. India is a major exporter in international market. After becoming a member for WTO, January 1, 1995, the restriction of the export of Indian products have been closed Indian's export plays a major part in India's  export plays a major par in India's profit annually. India is famous for its manufacturing of cotton, jute and silk industries. India's export of cotton in 2014 is 3.17% and in 2018-19 is 2.63% Export of minerals and mineral fuels in 2015 is 20.15% and in 2019 it is 14.10%. The export of gems and jewellery during 2014 is 13.25%  and in 2018-19 it is  7.78%. Export of motor vehicles/cars is 2.55%  and products of iron and steel is 2.55% in 2019. Major imports crude petroleum is India's biggest import in 2019-20. Import of the minerals and fuels is 3.2%, gems and precious metals is 13.5%,  electrical machinery is 10.5%. Fertilizers and chemical products are imported from America and from other European Countries.

                                                                                                     

                                                                                    ( next page ) 

Conclusion 

                              Exports has boosted the growth of Indian economy substantially and Indian export in the current years has earned yearly U.S. $ 125 and is expected to earn U.S.$160. The exports bring invaluable foreign exchange to pay invaluable foreign exchange to pay for the increased imports of machinery and raw materials required in different sectors. 

                                                                                               

                                                                                  ( next page ) 

Reference

           Economic Applications- J.P. Goel, Kaushal Goel, Goyal Brothers Prakashan.