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
"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 $40.1B, driven by fuels and machinery."
5 replies9 likes
Mahendra Lochhab
Content creator • 6m
India is the world's second-largest footwear producer, after China. India produces around 13% of the world's footwear, and exports about 2.2%.
3 replies9 likes
Hiral Jain
Content writer • 9m
Good news, good news
Our current account (difference between imports and exports) is at a surplus
India recorded a current account surplus of 5.7$ in the quarter ending In March of 2024
Bad news
Our exports Of Gem and jwellery export last month
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23 replies12 likes
Mahendra Lochhab
Content creator • 3m
The United States is the largest market for Indian furniture exports, accounting for over a third of the total furniture exports.
0 replies4 likes
Chamarti Sreekar
Passionate about Pos... • 6d
India must urgently scale up its manufacturing capabilities on a war footing.
Relying solely on services exports is no longer sustainable. As Western companies increasingly adopt AI, a significant portion of today’s backend IT jobs will become obsol