NEW DELHI: India's export competitiveness has witnessed healthy gains in multiple sectors - particularly petroleum, gemstones, agrochemicals and sugar - during the last five years, as these segments have increased their share in global trade, according to the Commerce Ministry data.
The other sectors where the share of India's exports has increased during 2018 and 2023 are electrical goods, pneumatic tyres, taps and valves, and semiconductor devices.
The ministry data analysis showed that petroleum exports rose to $84.96 billion in 2023, with India's market share surging to 12.59 per cent last year from 6.45 per cent in 2018, positioning it as the second-largest global exporter. It was ranked fifth in 2018.
In the precious and semi-precious stones segment, the country's share in global shipments has soared to 36.53 per cent last year from 16.27 per cent in 2018.
Bu hikaye Millennium Post Delhi dergisinin New Delhi 04November2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Millennium Post Delhi dergisinin New Delhi 04November2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
TOP 5 INDIAN SERIES YOU SHOULDN'T MISS
LOOKING BACK AT 2024
SENSE AND SENSIBILITY
There's a whole tribe out there who refuses to subscribe to resolutions
Sharad calls Sanjay Leela Bhansali a 'demanding director'
Filmmaker Sanjay Leela Bhansali is known for his attention to detail and fiery on-set personality. Sharad Kelkar, who played a negative role in Bhansali's 'Goliyon Ki Rasleela: Ram-Leela,' opened up about his experience of working with the director.
Shruti reflects on parents Kamal Haasan and Sarika's 'painful' divorce
When my parents split up, everything changed. That's when I realised the value of financial independence,' she says
Blake claims Justin's smear campaign gets support in publicist's suit
The lawsuit was lodged in Manhattan by Stephanie Jones
Indian star fined 20% match fees, one demerit point
KOHLI, KONSTAS FACE OFF AT MCG
Bumrah keeps battle alive; Aus score 311/6 after Konstas debut
JADEJA LEAKED RUNS DESPITE GETTING KONSTAS OUT
D-Street small stocks steal the show in 2024, giving handsome returns to investors
Market experts are optimistic about midcap & smallcap stocks for next year, driven by factors like strong domestic consumption & govt infra spending
Depreciation of rupee likely to push import bill by $15 billion, says GTRI
Compared to December last year, Rupee has depreciated 2.34% against dollar, moving from Rs 83.25 to Rs 85.20,
Sri Lanka seeks to boost foreign investments in its stocks market as debt worries fade
Colombo Stock Exchange plans to hold a conference in the national capital on March 27-28 to attract overseas investors
