Tag: export and import procedures

The Department of Analysis, Commercial and Industrial Information at the Ministry of Economy (MOE) has released an analytical study on the reality of the Indian economy and the non-oil foreign trade between the UAE and India. Along with featuring India’s salient economic indicators, the study contains economic, statistical and descriptive data on the movement of foreign trade and investment in India. The study concludes that trade and investment sectors form the cornerstone of the booming bilateral economic ties between the UAE and India. As far as the direct foreign non-oil trade between the two countries is concerned, the study reveals a 21 per cent decline in the total value of bilateral trade exchange during 2014 as compared to 2013

Terms of trade. The terms of trade (TOT) is the relative price of imports in terms of exports and is defined as the ratio of export prices to import prices. It can be interpreted as the number of import goods an economy can purchase per unit of export goods

India accounts for 7.68 percent of total global agricultural output. GDP of Industry sector is $495.62 billion and world rank is 12. In Services sector, India world rank is 11 and GDP is $1185.79 billion. Contribution of Agriculture sector in Indian economy is much higher than world's average (6.1%).

Jute being crop is an important source of income of growers of West Bengal. In jute cultivation requires a considerable amount of cash investment, an average grown has to face a number of socio-economic and technological problems. A study was conducted on adoption of jute production technology in West Bengal.

Those exports bring money into the country, which increases the exporting nation's GDP. When a country imports goods, it buys them from foreign producers. The money spent on imports leaves the economy, and that decreases the importing nation's GDP

The Foreign Direct Investment Confidence (FDI) Index prepared by A.T. Kearney is an annual survey which tracks the impact of likely political, economic, and regulatory changes on the foreign direct investment intentions and preferences of CEOs, CFOs, and other top executives of Global 1000 companies.

Foreigner investment in a scheduled or regional air transport service or domestic scheduled passenger airline is permitted to 100, with FDI up to 100% permitted under automatic route and beyond 49% through poor existing airport under the automatic route.

India produces ayurvedic medicines on a large scale and even exports them. India imports oil and petroleum products, pearls and precious stones, machinery but they do not import ayurvedic medicines.