TaxTMI 
TaxTMI 
Exports from the Manufacturing Sector
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....xports from the Manufacturing Sector <br>News and Press Release<br>Dated:- 19-3-2021<br><BR>Major commodity-group wise data on merchandise exports in last five years is at Annexure. The Government has taken the following key steps to boost exports: * The mid-term review of the current Foreign Trade Policy (2015-20) was carried out in December 2017. * Foreign Trade Policy (2015-20) extended by....
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.... one year i.e. upto 31-3-2021 due to the COVID-19 pandemic situation. * Interest Equalization Scheme on pre and post shipment rupee export credit has also been extended by one year i.e. upto 31-3-2021. * A new Scheme, Remission of Duties and Taxes on Exported Products (RoDTEP), has been launched. * Common Digital Platform for Certificate of Origin has been launched to facilitate trade and in....
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....crease FTA utilization by exporters. * A comprehensive "Agriculture Export Policy" to provide an impetus to agricultural exports related to agriculture, horticulture, animal husbandry, fisheries and food processing sectors, is under implementation. * Promoting and diversifying services exports by pursuing specific action plans for the 12 Champion Services Sectors. * Promoting districts as ex....
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....port hubs by identifying products with export potential in each district, addressing bottlenecks for exporting these products and supporting local exporters/manufacturers to generate employment in the district. * Active role of Indian missions abroad towards promoting India's trade, tourism, technology and investment goals has been enhanced. * Package announced in light of the covid pandemic t....
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....o support domestic industry through various banking and financial sector relief measures, especially for MSMEs, which constitute a major share in exports. Annexure India's major commodity groups-wise export during last five years Value in US$ millions S. No Major Commodity groups 2015-16 2016-17 2017-18 2018-19 2019-20 1 Engineering Goods 61949.53 67216.12 78695.69 83621.65 78704....
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.....38 2 Petroleum Products 30582.64 31545.27 37465.08 46553.58 41288.73 3 Gems And Jewellery 39284.27 43412.75 41544.44 40251.03 35898.48 4 Organic & Inorganic Chemical 13696.98 14476.87 18508.5 22379.30 22082.78 5 Drugs And Pharmaceuticals 16909.49 16785.01 17282.81 19146.55 20703.46 6 Rmg Of All Textiles 16964.36 17368.16 16706.94 16138.29 15488.06 7 Elect....
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....ronic Goods 5959.52 5962.94 6393.12 8829.43 11700.57 8 Cotton Yarn/Fabs./Madeups, Handloom Products Etc. 10119.36 9862.21 10260.36 11215.15 10027.73 9 Plastic And Linoleum 5764.18 5796.47 6851.13 8607.48 7551.55 10 Marine Products 4767.51 5903.05 7389.22 6802.56 6722.06 11 Rice 5846.62 5733.77 7806.15 7750.61 6403.23 12 Man-Made Yarn/Fabs./Madeups Etc. 462....
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....1.66 4557.08 4826.33 4980.51 4821.42 13 Leather And Leather Manufactures 5407.84 5165.61 5289.13 5140.85 4658.48 14 Mica, Coal And Other Ores, Minerals Including Process 3656.04 3578.15 3776.88 4254.71 3948.40 15 Meat, Dairy And Poultry Products 4575.47 4368.79 4610.06 4363.72 3714.30 16 Spices 2541.46 2851.95 3115.37 3322.45 3621.37 17 Ceramic Products And Gl....
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....assware 1712.05 1856.61 2131.78 2649.16 2870.65 18 Iron Ore 191.46 1533.53 1471.06 1317.29 2624.96 19 Fruits And Vegetables 2268.81 2454.72 2513.33 2540.90 2380.48 20 Handicrafts Excl. Hand Made Carpet 1648.00 1926.73 1823.34 1838.08 1797.85 21 Cereal Preparations And Miscellaneous Processed Item 1319.75 1270.84 1416.64 1555.45 1527.04 22 Carpet 1440.07 1....
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....490.19 1429.82 1481.85 1373.30 23 Oil Seeds 1246.89 1355.24 1174.34 1156.77 1318.06 24 Tobacco 982.01 958.68 934.25 981.33 905.16 25 Oil Meals 553.01 805.43 1093.16 1508.65 827.89 26 Tea 720.03 731.26 837.36 830.93 826.53 27 Coffee 783.87 842.85 968.57 822.34 738.86 28 Cashew 768.55 786.93 922.41 654.43 566.82 29 Jute Mfg. Including Floor Coveri....
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....ng 295.36 309.94 335.08 324.93 342.61 30 Other Cereals 261.18 212.31 248.59 348.97 205.20 31 Others 15453.12 14732.97 15705.22 18709.16 17720.63 India's total export 262291.09 275852.43 303526.16 330078.09 313361.04 Source: DGCI&S, Kolkata This information was given by the Minister of State in the Ministry of Commerce and Industry, Shri Hardeep Singh Puri, in a writte....
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....n reply in the Rajya Sabha today.<BR> News - Press release - PIB....