India's exports are steadily rising, but import bill hurts much more

  • 28-Dec-2018
  • India's exports are steadily rising, but import bill hurts much more

Indian exports have grown steadily in the last three years. And as Commerce and Industry Minister Suresh Prabhu recently said, the country’s export performance has been extremely good at a time when global trade is witnessing headwinds, as countries resort to protectionism. But imports continue to surge.

In FY18, India's exports grew by 9.77 per cent while imports shot up by 21.13 per cent. And that too, on a higher base. The result: Trade deficit has been rising sharply.

This has prompted the government to place import restrictions and raise inbound duties on six separate occasions for hundreds of products including textile inputs, steel, mobile phones and solar panels, among others. 

Source :-

Seair is proud to have a loyal customer base from big brands.

We have successfully served many reputable clients for Import-Export Data Information Services. Here are some of our clients:

Get a free Import-Export data demonstrative report on desired products.

We don’t offer any assistance over buying or selling any products.

Thank You

Big thanks to showing your interest in SEAIR Exim Solutions. We’ve currently received your request for data information. We will return on the same query in a short span of time.

Copyright © 2009 - 2022 All Rights Reserved.