Xuất khẩu của Ấn Độ tăng 37,1% trong năm tài khóa 2010-2011

India’s exports post 37.1 p.c. rise during 2010-11

Sujay Mehdudia
The Hindu
NEW DELHI, April 19, 2011

Union Minister of Commerce and Industry, Anand Sharma, flanked by R.P.Singh, Secretary, DIPP (left) and Commerce Secretary, Rahul Khullar, addresses a press conference to announce India's Trade figures, in New Delhi on Tuesday. Photo: V. Sudershan

Braving the slow economic growth and declining demand from the Western markets, India’s exports posted an impressive 37.1 per cent rise at $245.9 billion for the fiscal ending 2010-11. During March 2011, the growth stood at 43.9 per cent at $29.1 billion.

Releasing the figures here, Union Commerce and Industry Minister, Anand Sharma said India’s exports have not only posted a phenomenal growth but have also surpassed the growth target of $220 billion set for 2010-11. Exports had suffered in 2009-10 under the impact of global slowdown and the government had to intervene to help the exporters through different packages

``We have received the export figures for this fiscal and it is indeed heartening to see that our exports for the year ending March 2011 touched $245.9 billion registering a growth of 37.5 per cent. For the first time the figures have reached the $200 billion mark which was a target set for last financial year and exports have indeed exceeded our expectations. Imports for the same period stood at $350.3 billion and the good news is that the trade deficit figure has come down to $10.4.4 billion,’’ Mr. Sharma told newspersons here.

Mr. Sharma said engineering goods by far constituted the largest component of the exports entailing considerable domestic value addition and engineering exports crossed $60 billion registering a growth of 84.76 per cent. Petroleum products export stood in the range of $42.45 billion registering a growth of 50.58 per cent. Gems and Jewellery sector which is a considerable employer of people saw an export of $33.54 billion showing a growth of 15.34 per cent. Drugs and pharmaceuticals sectors for which India has gained a considerable global reputation saw total exports of $10.32 billion showing a growth of 15.08 per cent.

In the readymade garments exports crossed $11.1 billion showing a growth of 4.23 per cent. Cotton yarn 34 fabrics saw an export of $5.66 billion registering a growth of 42.87 per cent. Exports of carpet, jute and leather which are the labour intensive sectors assured considerable dynamism in growth. Agricultural exports and allied sectors including tea, coffee, tobacco, spices, cashew, oil meals, fruit and vegetables and marine products crossed the $12.92 billion. Iron ore exports have actually gone down by 25 per cent at $4.5 billion.

Mr. Sharma expressed the hope that based on the performance of exports, he was confident that the Government will be able to achieve the target of exports of $450 billion, a target set in the draft strategy paper which was released by the Department of Commerce.

He said the final strategy paper for doubling India’s exports to reach $450 billion will be uploaded on the department site very soon.


Source: http://www.thehindu.com/business/Economy/article1709710.ece

Ấn Độ đặt mục tiêu xuất khẩu lên 450 tỉ USD vào năm 2014

Exports target set at $450 b by 2014

Special Correspondent

The Hindu
NEW DELHI, February 24, 2011

Expressing confidence that exports will touch $225 billion in the current fiscal year, Commerce and Industry Minister Anand Sharma on Wednesday said India was aiming to double its exports to $450 billion in the next three years.

Road map for future

Releasing the ‘Draft strategy paper on exports,' which laid out the road map for the future on the exports front, Mr. Sharma said, “The long-term vision of the Commerce Ministry is to make India a major player in world trade by 2020 and assume a role of leadership in international trade commensurate with the country's growing importance.''

Exports grew by 32.5 per cent year-on-year to $20.60 billion in January on account of increasing demand in the Western markets. During April-January this fiscal, exports went up by 29.4 per cent to $184.60 billion.

As regards the engineering sector, Mr. Sharma said the sector had done considerably well and now the need of the hour was to move up the value addition chain for high value precision engineering both for domestic and export markets. “Together with the Engineering Export Promotion Council (EEPC), we have set ourselves a target of tripling engineering exports of $120 billion by 2015,'' he said.

Mr. Sharma sought public comments from the stakeholders on the draft strategy paper by March 23 to achieve the target of $450 billion by 2014.

“The reason for taking this initiative is the widening trade balance. We hope to close that gap and bring the imbalance in trade to below 10 or 9 per cent of the GDP,'' he said.

In the current fiscal, merchandise shipments were expected to touch $225 billion, much beyond the target of $200 billion, he remarked. Exports stood at $178.60 billion in 2009-10, a decline of 3.6 per cent over the previous fiscal.

“We have constituted a group of government and industry experts to come out with a clearly defined road map and strategy on how to occupy the space which is emerging on the horizon. The electronic hardware industry is an area in which we have so far not yet reached our true potential and it is my belief that as our engagement with the world increases, we will be able to facilitate the establishment of electronic hardware manufacturing facilities for the export market in India,'' he added.

“We are giving one month to the stakeholders to get back to us. All the comments received will be collated and a final strategy will be made by March 31,'' he said.

PTI reports:

Elaborating on the measures for raising exports, the paper emphasises upon the need for increasing the focus on new markets like the ASEAN countries, Africa and Latin America.

Source: http://www.thehindu.com/business/Economy/article1483916.ece

Xuất khẩu hàng thủ công của Ấn Độ sẽ đạt 170 tỉ Rupee trong 3 năm tới

Handicrafts exports to touch Rs. 17,000 cr in the next three years

PTI
New Delhi, February 17, 2011

India’s handicrafts exports is expected to touch Rs. 17,000 crore in next three years on account of increasing demand in markets like the U.S., Latin America and Africa.

“We are focusing on new markets, which are unexplored or under-explored like in Latin America, Central Asia, Africa and South East Asia. Demand is there for Indian handicrafts items,” Export Promotion Council for Handicrafts (EPCH) Chairman Raj Kumar Malhotra said.

During April-January period of this fiscal, the country’s handicrafts exports stood at Rs. 7,284 crore, an increase of 26.7 per cent over the same period last year.

“I hope that we may end up the fiscal by about Rs. 11,500 crore...and in the next years we hope to touch Rs. 17,000 crore,” Malhotra told reporters here after announcing about the Indian Handicrafts and Gifts Fair from February 19.

On the impact of global economic recession on the sector, he said that “we are still not out of the woods and that is why we are not setting any ambitious target for the next three years...the sector needs some more time.”

The government is targeting to more than double the country’s merchandise exports to about $500 billion in the next three years.

The main handicrafts items exported from India include metal and wood wares, hand-printed textiles and scarves, embroidered goods, shawls and imitation jewellery.

The U.S. and Europe are the major destination of India’s handicrafts exports. The sector is labour-intensive and employs about 60-70 lakh people.

In the fair, as much as 2,300 exhibitors from across the country are expected to showcase their products. Over 6,500 foreign buyers from 31 countries mainly from Latin America, Central Asia, Africa would participate.

“We are hoping to get orders worth Rs. 800 crore in the fair. Last year we got business of the order of Rs. 500 crore,” he said.

On the forthcoming Budget, the sector has asked the Finance Minister Pranab Mukherjee to exempt the sector from income and service tax.

“EPCH has also asked the Finance Minister to further extend the interest subsidy scheme,” he added. The scheme is expected to end this year.


Source: http://www.thehindu.com/business/Industry/article1464743.ece

Xuất khẩu của Ấn Độ tăng 33% trong tháng 1/2011

Exports grow 33 % in Jan

 

Special Correspondent
The Hindu
New Delhi, Feb 12, 2011

 

Pick-up in demand in traditional markets

Raising hopes of India surpassing the $200 billion export target and possibly touching $220 billion, exports rose by 32.5 per cent to $20.6 billion in January on an annual basis driven by pick-up in demand from traditional markets of the U.S. and Latin America.

In December 2010, shipments grew by 36.4 per cent to $22.5 billion on an annual basis, the highest in 33 months.

During April-December period of 2010-11, outbound shipments grew by 29.4 per cent to $184.6 billion over the year-ago period.

“It is a huge jump. Export performance is pretty good. My guess is that by next month, we will cross $200 billion and we should end up at $220-225 billion,” Commerce Secretary Rahul Khullar told reporters here on Saturday.

As per the primary estimates, imports during the month grew by 13.1 per cent to $28.6 billion over the same period last year, resulting in a trade deficit of $8 billion. The Federation of Indian Export Organisations (FIEO) said the rise in exports was mainly due to tapping of new markets in Africa and Latin America along with the U.S. and Asian markets. “Exports are increasing because of market diversification. Asia itself has emerged as a big export destination,” FIEO President Ramu Deora said.

The continued recovery in major Western advanced economies which had weakened during the second quarter of 2010, have regained strength in the following quarter.

According to official estimates, the sectors that performed well during April-January 2010-11 include gems and jewellery (9.3 per cent), engineering (70 per cent) and petroleum and oil lubricants (36 per cent).

During April-January 2010-11, imports grew by 17.6 per cent to $273.6 billion. The import numbers are just estimates and would be revised later. Officially, the trade numbers for January would be released by the government on March 1.

Exporters are getting huge demands for engineering products from Latin American countries such as Columbia. The trade deficit during the first 10 months of the fiscal stood at $89 billion. “I think the trade gap should end up at $105-110 billion,” Mr. Khullar added.

The government had set an export target of $200 billion for 2010-11.

 

Source: http://www.thehindu.com/business/Economy/article1432614.ece

Xuất khẩu đá quý và trang sức của Ấn Độ có thể vượt 30 tỉ USD vào năm tài khóa 2010-2011

Gems, jewellery exports likely to cross $ 30 bn this fiscal

 

PTI
New Delhi, Feb 9, 2011

A potential customer looks at gem-encrusted jewellery at a display in Bangalore. File photo

India’s gems and jewellery exports are likely to cross the targeted $ 30 billion for the current fiscal due to a healthy demand from the western markets like the U.S. and Europe.

The country’s gems and jewellery exports are expected to rise 17.8 per cent to $ 33 billion in 2010-11, Gems and Jewellery Export Promotion Council (GJEPC) Chairman Rajiv Jain told PTI.

The council had set up a target of $ 30 billion in 2010-11 against about $ 28 billion in the last fiscal.

“We were left with lots of stocks last fiscal as many buyers delayed import plans, and some even cancelled the deals, due to the economic crisis. As the situation improved this fiscal, we could use those stocks for exports and cater to the rising demand easily,” he added.

The U.S. and Europe contribute about 60 per cent to India’s gems and jewellery exports.

During April-December 2010-11, the country’s exports increased by 41 per cent to $ 27.5 billion compared to the same period last fiscal.

The exporters are expecting a robust global demand in the next fiscal, driving exports up 12 per cent.

India’s gems and jewellery exports came under pressure when the global credit crunch, around two years ago, squeezed demand in the western markets.

To reduce dependence on the West, Indian exporters are also exploring new markets such as South America and East Asia.

 

Source: http://www.thehindu.com/business/Industry/article1179825.ece