India Economy Thread

[onlinpunit]

Can somebody explain what is this 863 billion of exports broken down into

And which destinations

Am I right in saying it does not include the 200 billion dollars a year of Info technology services income India makes annually

Goods: 441.8 billions.
Services : 421.3 Billions.
Goods

• Engineering Goods : ~$122.4 billion (27.7%)
• Petroleum Products: ~$53.9 billion (12.2%)
• Electronic Goods: ~$48.0 billion (10.9%)
• Drugs & Pharmaceuticals: ~$31.1 billion (7.0%)
• Organic & Inorganic Chemicals: ~$28.7 billion (6.5%)
• Gems & Jewellery: ~$28.2 billion (6.4%)
• Readymade Garments / Textiles: ~$15.8 billion (3.6%)
• Rice: ~$11.5 billion (2.6%)
• Marine Products: ~$8.4 billion (1.9%)
• Plastic & Linoleum Products: ~$8.3 billion (1.9%)
• Others (including agri & allied products beyond rice, ores/minerals, leather, handicrafts, etc.): ~$85.5 billion (19.3%)

 

[harpy1]

Wow that's impressive list

 

[indo17787]

L&T wins 'ultra-mega' order worth over ₹15,000 cr from ADNOC Offshore

L&T wins 'ultra-mega' order worth over ₹15,000 cr from ADNOC Offshore

L&T Energy Hydrocarbon Offshore (LTEH Offshore) has won an ultramega offshore contract worth over ₹15,000 crore from ADNOC Offshore in the Middle East, Larsen & Toubro said on Tuesday. Executed through a consortium led by LTEH Offshore, the project includes engineering, procurement...

economictimes.indiatimes.com

 

[indo17787]

Tata’s battery unit Agratas turns to in-house tech for making Lithium cells amid China curbs​

Agratas is also investing more than $400 million in a research and development center in Bengaluru focused on LFP and lithium manganese iron phosphate battery technologies, Bloomberg reported in May.

Tata’s battery unit Agratas turns to in-house tech for making Lithium cells amid China curbs

The move is a deliberate pivot for Agratas after executives assessed that the chances of a technology deal with a Chinese firm are close to nil, the people said, given Beijing’s stringent restrictions on exports of critical manufacturing know-how.

www.thehindubusinessline.com

 

[lightoftruth]

Goods: 441.8 billions.
Services : 421.3 Billions.
Goods

• Engineering Goods : ~$122.4 billion (27.7%)
• Petroleum Products: ~$53.9 billion (12.2%)
• Electronic Goods: ~$48.0 billion (10.9%)
• Drugs & Pharmaceuticals: ~$31.1 billion (7.0%)
• Organic & Inorganic Chemicals: ~$28.7 billion (6.5%)
• Gems & Jewellery: ~$28.2 billion (6.4%)
• Readymade Garments / Textiles: ~$15.8 billion (3.6%)
• Rice: ~$11.5 billion (2.6%)
• Marine Products: ~$8.4 billion (1.9%)
• Plastic & Linoleum Products: ~$8.3 billion (1.9%)
• Others (including agri & allied products beyond rice, ores/minerals, leather, handicrafts, etc.): ~$85.5 billion (19.3%)

Textile exports is ridiculosly low, such a high employment sector terribly ignored by the govt. Countries like Bangladesh is doing better than us. (to whom we are exporting raw material)

 

[SoulSpokesman]

@lightoftruth

You are right. It is a shame that we are doing so poorly on textiles which was historically our strength. The credit for this goes to our Vishwachawchaw and the vile filthy socialism that he injected into our economy.

Regards

 

[peacemaker99]

10 years ago people would laugh at idea that infia will export 1 trillion

 

[harpy1]

Textile exports is ridiculosly low, such a high employment sector terribly ignored by the govt. Countries like Bangladesh is doing better than us. (to whom we are exporting raw material)

We focusing on tech industry and engineering bro