InterviewSolution
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Explain Imports and Exports of India. |
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Answer» Imports of India : Imports trade of India refers to buying goods from foreign countries and bringing them to home country. The main items of Imports of India are : 1. Petroleum crude and products :
2. Pearls precious and semi precious stones : India imported rupees 33,881 crores worth of precious stone. 3. Capital goods : In 2006-2007 India imported rupees 2,51,136 crores worth of capital goods. 4. Fertilizers : India is a major importer of chemical Fertilizers. It is because the country is agrarian and the Internal production of fertilizers is insufficient. Potash fertilizers are largely imported. Exports of India : Export trade of India refers to the sale of goods and services by India to other countries of the world. The main items of our exports are as follows :
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