International trade

                                            Introduction Basic chemicals and their related products (petrochemicals, fertilisers, paints, varnishes, glass, perfumes, toiletries, pharmaceuticals, etc.) constitute a significant part of the Indian economy. Among the most diversified industrial sectors, chemicals cover an array of more than 70,000 commercial products. In April-December 2017, total Foreign Direct Investments (FDI) in chemicals (excluding fertilisers) stood at US$ 1,137 million whereas cumulative FDI till December 2017 from April 2000 was US$ 14.430 billion. India is the sixth largest producer of chemicals globally and third largest producer in Asia in terms of output. The country ranks third globally in the production of agro chemicals and contributes around 16 per cent to the global dyestuff and dye intermediates production. Key Markets and Export D...

                                                                                                                                                                                                    Apparel Industry In India Apparel Industry In India Introduction Indian textiles and apparels have a history of fine craftsmanship and global appeal. Cotton, silk and denim from India are highly popular abroad, and with the upsurge in Indian design talent, Indian apparel too has found success in the fashi...

Pharmaceutical Exports From India Introduction The Indian pharmaceuticals market is the third-largest in terms of volume and thirteenth-largest in terms of value. It has established itself as a global manufacturing and research hub. A large raw material base and the availability of a skilled workforce give the industry a definite competitive advantage. The Indian pharmaceutical industry is expected to grow at a compound annual growth rate (CAGR) of 22.4 per cent to touch US$ 55 billion by 2020. The Indian Pharmaceutical market is dominated by generic drugs which constitutes nearly 70 per cent of the market, whereas Over The Counter (OTC) medicines and patented drugs make up to 21 per cent and 9 per cent respectively. EXPORTS AND ADVANTAGE INDIA Pharmaceutical export from India stood at US$ 17.27 billion in 2017-18, and is expected to grow by 30 per cent to reach US$ 20 billion by the year 2020. Exports of Bulk Drugs, Drug Intermediates, Drug formulations and Biologicals ...