Made in India: Growth in Top Export Products From India

In continuation with the twofold digit development displayed by sends out amid February 2017, trades amid March 2017 have demonstrated a noteworthy development of 27.59 for every penny in dollar terms, esteemed at USD 29,232.05 million when contrasted with USD 22,911.74 million amid March 2016.

During last year, following commodities were exported the most and fetched foreign currency for India.

Petroleum Products

Oil-based items and unrefined petroleum mammoths, for example, Hindustan Petroleum Corporation Limited, Bharat Petroleum, Reliance Petroleum, ONGC and et al have contributed generally to the fare division of India. Despite the fact that the nation is immensely subject to oil imports, fare of oil-based items has bolstered the economy to an expansive degree.
Value: $61.2B

Jewellery

The term ‘jewellery’ here includes gold, gemstones and similar materials. India consumes around 20 per cent of the global gold production and 75 per cent of that amount goes into making jewellery. The gold giant REL bagged the highest export order worth Rs.1140 Cr. The jewellery sector is also supported by banks and government policies so that the industry does not fall drastically. Around 30 per cent of Indian jewellery gets exported to the United States alone. Other such countries include Hong Kong, UAE, Singapore and Belgium.
Value: $41.2B

Automobile

From 2008 to 2013, the Indian automobile export sector has seen a rise 17 per cent, one of the fastest economic growths that has ever taken place in the sector. Being one of the leading steel producers in the world, India invests largely on the automobile sector and its export.
Value: $14.5B

Pharmaceuticals 
Being a research based industry, the pharmaceuticals area in India has seen a colossal development in the course of recent decades. Significant pharma businesses, for example, J. B. Chemicals and Pharmaceuticals Limited, Suven Life Sciences Limited, Dr. Reddy’s Laboratories, Aurobindo Pharma, Luipin, Ranbaxy, Sun Pharma, Zydus Cadila, Glowchem and Calyx assume a gigantic part in elevating the area to the world market.
Value: $11.7B
Iron & Steel
Before Independence, India used to depend on its import of iron and steel. But now, the country has gone through such an industrial growth that it has become the fourth largest steel producer in the world. Steel tycoons such as TISCO, IISCO, Bhilai Iron and Steel Centre, and Visweswaraya Iron And Steel Limited play a major role in the iron and steel export from India.
 Value: $9B
Textile
Material is India’s trump card with regards to sends out. India beat the graph in jute generation and furthermore holds 63 for every penny of the worldwide piece of the pie in materials and articles of clothing.
Value: $9B
Electronics
With regards to assembling electronic gear, India is still observed as a bringing in nation. In any case, the fare some portion of this division flourishes quietly yet to a great extent. India has the third biggest pool of electronic researchers and engineers and the local request of electronic products drives the business to become quicker and more grounded, making send out all the more vital.
Value: $9B