In 2023, India's IT sector exports reached $193 billion, with software and services accounting for $126 billion. This is almost double the $108 billion in 2016.
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India's agricultural exports in 2022-2023 were $53.1 billion, which was 11.8% of the country's total merchandise exports.
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India's toy exports have increased significantly, rising 239% from 2015 to 2023. In 2022–2023, exports increased by 240% while imports decreased by 67%.
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India’s smartphone exports soared above $15 billion in 2023-24, from $11 billion a year prior : government
"U.S.-India Trade 2023: India’s exports to the U.S. totaled $75.8B, led by precious stones and machinery. U.S. exports to India reached $40.1B, driven by fuels and machinery."
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• Merchandise exports in March 2024 were USD 41.68 Billion, as compared to USD 41.96 Billion in
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India's Software vs Hardware Exports, 2022.
Government's PLI Scheme can be clearly seen working for Computer Hardware Manufacturing in India.
From almost negligible exports in 2000s to $13 Billion in exports in 2022.
India is certainly late in Manuf
‼️China - India Latest Update .
China has emerged as India's largest trading partner with $118.4 billion two-way commerce in 2023-24, slightly edging past the US, according to the data of economic think tank The Global Trade Research Initiative (GTR