India logs 85.88 % growth in merchandise exports in April-June 2021, ascompared to same period last year, Government has taken a number of steps to ensure reliable and adequate supply chains

The Government has taken a number of steps, including strengthening of domestic manufacturing and promoting trade ties, with a number of trading partners, so as to ensure reliable and adequate supply chains. This is an ongoing process, based on the changing requirements in a dynamic world.

The existing Trade Agreements also ensure seamless supplies for the domestic manufacturing sector on preferential terms. Further, a review of some of the existing Agreements has been initiated.In addition, bilateral trade negotiations with a number of countries have been initiated. We have entered into a Supply Chain Resilience Initiative (SCRI) with Japan and Australia to enhance the resilience of supply chains in the Indo-Pacific Region.

There has been substantial growth in India’s Merchandise exports in April-June 2021 which was USD 95.39 Billion, exhibiting a positive growth of 85.88 per cent over the same period last year and a positive growth of 17.90 per cent over April-June 2019, across commodity groups such as Engineering goods, Petroleum products, Gems &Jewellery, Organic & Inorganic Chemicals, Textile & Garments, Electronic goods, Plastic & Linoleum etc from across the country, including from Gujarat.

This information was given by the Minister of State in the Ministry of Commerce and Industry, Smt. Anupriya Patel, in a written reply in the Lok Sabha today.

Ministry of Commerce & Industry dated 28 July 2021

Published by Business So Simple

Hi, I am business consultant working with a team of Chartered Accountants, Company Secretaries, Lawyers & MBAs. I am promoter of " Make Your Business So Simple" "Make Education So Simple" Make Life So Simple" Make Legal Affairs So Simple".

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: