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FMS Inclusion to Boost Cycle Exports.

May 21, 2012

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Press Information Bureau
Government of India
Ministry of Commerce & Industry

21-May-2012 15:12 IST

FMS Inclusion to Boost Cycle Exports


India is producing large quantity of cycles as per the data of Central Statistical Organization (CSO) given below:

Table 1: PRODUCTION OF BICYCLES OVER THE YEARS IN INDIA
             

 

 

 

 

 

 

 

Item

Unit

2005-06

2006-07

2007-08

2008-09

    2009-10

Bicycles all kinds

Th.Nos.

8268

10599

11397

11123

      12633

Source : Central Statistical Organisation

            With regard to exports, as per the data of DGCI&S, the export  of cycles  is given in Table 2 below:

TABLE 2: EXPORT OF BICYCLES FROM INDIA

                                                                              (ALL VALUES IN USD MILLION)

EXPORTING

ITEM/YEAR

2008-09

 

2009-10

2010-11

Apr-Oct

2011-12

 BICYCLES ALL KINDS 

37.16

25.63

35.62

27.85

Source: DGCI&S, Govt. of India

 

 To boost Indian exports including cycles, Government has included many countries in Latin America,  Africa and CIS regions in the Focus Market Scheme. Cycles have also been included in the other Special Focus Product List.     

This information was given by the Minister of State for Commerce and Industry, Shri Jyotiraditya M. Scindia  in a written reply in the Lok  Sabha today.

 

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