He said that this achievement is in sync with the target set in the roadmap in 2021 after the interaction with the Prime Minister. The Minister noted that the remarkable achievement in the overall export figure of crossing US$ 760 Billion in these challenging times across the world has been the result of enthusiasm and encouragement pumped in by the Prime Minister. He said that this vision is at the core of the policy. He lauded the vision and guidance of the Prime Minister who believed that given the size of the Indian economy and manufacturing & service sector base, the potential for the country to grow is manifold.
The Minister referred to the interaction that Prime Minister, Shri Narendra Modi with the exporters on 06th August, 2021 and encouraged them to increase exports and get more deeply involved in the global value chain. India's overall exports, including services and merchandise exports, has already crossed US$ 750 Billion and is expected to cross US$ 760 Billion this year, he said. He stated that the policy had been under discussion for a long time and has been formulated after multiple stakeholder consultations. Natural gas condensates (part of SITC 333)Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Shri Piyush Goyal today launched the Foreign Trade Policy 2023 saying that it is dynamic and has been kept open ended to accommodate the emerging needs of the time.
International trade imports and exports professional#
thereofĠ8 Feeding stuff for animals (not cereals)Ģ Crude materials, inedible, except fuelsģ Mineral fuels, lubricants and related materialsģ34 Petroleum oils and oils obtained from bituminous minerals (other than crude) preparations, n.e.s., containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparationĤ Animal and vegetable oils, fats and waxesĤ2 Fixed vegetable fats and oils, crude, refined or fractionatedĤ3 Animal or vegetable fats and oils, processedĥ3 Dyeing, tanning and colouring materialsĥ9 Chemical materials and products, n.e.s.Ħ Manufactured goods classified chiefly by materialĦ1 Leather, leather manufactures, furskinsĦ4 Paper, paperboard and manufactures thereofĦ5 Textile yarn, fabrics, made-up articlesĦ6 Non-metallic mineral manufactures, n.e.s.ħ1 Power generating machinery and equipmentħ4 General industrial machinery and equipmentħ5 Office machines, data processing machinesħ6 Telecommunications apparatus and equipmentħ81 Motor cars and other motor vehicles principally designed for the transport of personsħ9 Other transport equipment including shipsĨ7 Professional and scientific instrumentsĨ9 Miscellaneous manufactured articles, n.e.sĩ1 Postal packages not classified according to kindĩ3 Special transactions and commodities not classified according to kindĩ6 Coin (other than gold coin), not being legal tenderĩ7 Gold, non-monetary (excluding gold, ores and concentrates)Įxports of goods, main groups by SITC. Ships and oil platforms (part of SITC 793)Ġ0 Live animals other than animals of div.03Ġ3 Fish, crustaceans, molluscs and prep.
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