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 $13 Billion in exports in 2022.
India is certainly late in Manuf
Good news, good news
Our current account (difference between imports and exports) is at a surplus
India recorded a current account surplus of 5.7$ 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
Yash Barnwal
Gareeb Investorย โขย 7m
"U.S.-India Trade 2023: Indiaโs 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 creatorย โขย 7m
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
Mahendra Lochhab
Content creatorย โขย 2d
India is a major exporter of software and IT services, with exports reaching $200 billion in 2023-24. This represents a 3.63% increase from the previous year.