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Home Explore 4 Years Booklet Final

4 Years Booklet Final

Published by rajy21d, 2018-06-06 19:11:00

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Shri Narendra Modi Prime Minister of India Shri Suresh Prabhu Minister of Commerce & Industry and Civil Aviation, Government of India Shri C R Chaudhary Minister of State for Commerce & Industry, Government of India

CONTENTS 04 08 09 10 11 12 India’s Trade Big Ticket Items Foreign Trade Trade Digitisation Export Performance in India’s Exports Policy 2015-20 Facilitation Promotion 14 16 19 20 21 22 Market Access Enhancing Market Partnering Trade Special Infrastructure Initiative Access For Indian with States Infrastructure Economic Zones in Border Areas Goods & Services and Logistics 23 24 26 27 28 30 Integrated Services Engineering Gems & Agriculture Plantations Exhibition cum Jewellery Convention Centre 32 33 34 35 36 38 Marine Pharmaceuticals Chemicals, Quality Capacity Success Products Plastics & Allied Standards Building Stories Products

INDIA’S TRADE PERFORMANCE Merchandise Trade (value in US$ billion) 489.3 490.7 450.2 448.0 464.7 381.0 384.4 306.0 300.4 314.4 310.3 303.3 262.3 275.9 183.4 190.3 161.4 135.8 137.7 118.7 108.5 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 (P) Exports Imports Merchandise Trade Deficit Source: DGCIS Effect of global downturn arrested through policy interventions, with merchandise exports growing in dollar terms by 5.17% and 9.94% in 2016-17 and 2017-18 respectively, and by 7.75% and 5.70% respectively in Rupee terms. Merchandise exports grew from Rs. 19.05 lakh crore in 2013-14 to Rs. 19.55 lakh crore in 2017-18. Services trade (value in US$ billion) 192.1 151.8 158.1 154.3 163.1 142.3 145.7 115.9 95.7 78.2 80.8 78.7 81.6 84.6 64.1 64.9 73.1 76.5 69.7 67.5 76.2 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 (P) Exports Imports Services Trade Surplus Source: DGCIS Services exports grew from US$ 152 billion in 2013-14 to US$ 192 billion in 2017-18. Note: April-March 2017-18 data for services is arrived at by adding quarterly data of services from RBI on BoP basis for 3 quarters (April-December 2017) and the QE data of January, February & March 2018, therefore it is provisional data & subject to change. 4

INDIA’S TRADE PERFORMANCE Total exports & imports (merchandise + services; value in US$ billion) 600.0 Total Exports Total Imports 580.6 528.95 529.6 495.4 466.22 468.4 416.6 465.6 439.0 480.0 400.0 200.0 0.0 2013-14 2014-15 2015-16 2016-17 2017-18 (P) Source: DGCIS & RBI India’s total exports including services and merchandise, rose from US$ 466.22 billion in 2013-14 to US$ 495.42 billion in 2017-18. 25.0 Growth in total exports & imports (merchandise and services, figures in %) 21.0 20.0 Growth in Exports (%) Growth in Imports (%) 15.0 12.9 10.0 5.4 5.0 0.5 0.0 0.1 3.1 -5.0 2014-15 2015-16 2016-17 2017-18 (P) -11.1 -10.0 -15.0 -12.1 Source: DGCIS and RBI, P - Provisional Exports witnessed a higher growth rate of 12.9% yoy in 2017-18 (P) (5.4% yoy in 2016-17). Imports also witnessed accelerated growth at 21.0% yoy in 2017-18 (P) (3.1% yoy in 2016-17). Note: April-March 2017-18 data for services is arrived at by adding quarterly data of services from RBI on BoP basis for 3 quarters (Apr-Dec 2017) and the QE data of January, February & March 2018, therefore it is provisional data & subject to change. 5


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