Back

Merchandise imports for the period April-December 2023 were USD 505.15 Billion as against USD 548.64 Billion during April-December 2022. The merchandise trade deficit for April-December 2023 was estimated at USD 188.02 Billion as against USD 212.34 B

India's Forex Reserves hit a record high. • Forex Reserves have jumped now by $7.02 billion to a new high of $681.69 billion. • India's GDP grows by 6.7% in April-June

India's cement industry is the world's second-largest producer, with an estimated market size of 3.96 billion tonnes in FY23 and projected growth to 5.99 billion tonnes by 2032.

India's software exports to the U.S. market were estimated at over $103 billion in FY24 (2023-24), representing a significant portion of the total $205.2 billion in India's overall software services exports for that fiscal year.

India's construction material industry is a significant sector, valued at an estimated $240 billion in 2023.

India's online content creation market is estimated to reach $24 billion by 2028. This market was 654 billion rupees in 2023.

Coal India Limited (CIL) is responsible for over 80% of India's coal output. In 2022-23, CIL produced 703.204 million tonnes of coal.

In the financial year 2023-24, India's rice exports were valued at $11.83 billion.

In 2023-24, India's seafood production is projected to be 182.70 lakh tonnes, with exports expected to reach 18.19 lakh tonnes.

• Merchandise exports in March 2024 were USD 41.68 Billion, as compared to USD 41.96 Billion in March 2023. • Merchandise imports in March 2024 were USD 57.28 Billion, as compared to USD 60.92 Billion i March 2023