16, ఏప్రిల్ 2025, బుధవారం

indian exports .............the important................India is a major player in global software and IT services exports, holding approximately 11% of the global market for computer services, making it the second-largest exporter globally. In 2023, India's software exports reached a record high of US$320 billion. Specifically, in "Telecommunications, Computer, & Information Services," India accounts for 10.2% of the global exports market. This strong position is attributed to its expertise in IT outsourcing, software development, and digital services. Here's a more detailed breakdown: Global Share: India's share in global services exports has more than doubled, reaching around 4.3% in 2023, up from 1.9% in 2005. IT Services Dominance: IT services are a significant contributor to India's overall IT exports, accounting for over 53%. Major Export Destinations: The USA, Europe, and the UK are the top destinations for Indian software services, accounting for a significant portion of total IT exports. BPO and BPM: Business process outsourcing (BPO) and business process management (BPM) are also key areas of Indian IT exports, with BPO accounting for a large percentage of IT-enabled services exports. Growth Drivers: India's software and IT services exports have been driven by factors like automation, robotic process automation (RPA), and the increasing adoption of cloud computing. Future Outlook: India's IT exports are projected to continue growing, with some forecasts predicting they could reach US$210 billion in FY25, capturing 18% of global IT outsourcing spending. india's share in global services exports doubles from 1.9 per ... 31 Jan 2025 — Services exports from India have shown a multi-sectoral presence in global exports, with notable contributions across s... Press Release:Press Information Bureau India's software exports reach US$ 320 billion in FY23 - IndBiz 18 Apr 2023 — This has increased the country's share in global computer services exports to about 11% India's software exports reache... Economic Diplomacy Division Indian Information Technology Sector and Its Growth - IBEF The export of IT services has been the major contributor, accounting for more than 53% of total IT exports (including hardware). . IBEF Show all

 India's major exports include petroleum products, gems and jewelry, pharmaceuticals, textiles, and agricultural products like rice, tea, and spicesOther significant exports include electronic goods, engineering goods, organic and inorganic chemicals, iron and steel, and automobiles. 

Elaboration:
  • Petroleum Products:
    Refined petroleum products are a major export, with India being a significant player in the global market. 
  • Gems and Jewelry:
    India is a leading exporter of gems and jewelry, contributing significantly to the country's foreign exchange earnings. 
  • Pharmaceuticals:
    India is known for its pharmaceutical exports, particularly to the United States, and is often called the "pharmacy of the world". 
  • Textiles:
    India exports a variety of textiles, including cotton textiles, handloom products, and readymade garments. 
  • Agricultural Products:
    Rice (both basmati and non-basmati), tea, spices, and other agricultural products are also major exports from India. 
  • Electronic Goods:
    The electronics industry has seen significant growth in India, with exports of mobile phones and other electronic devices increasing. 
  • Engineering Goods:
    India exports a wide range of engineering goods, including machinery, equipment, and auto parts. 
  • Organic and Inorganic Chemicals:
    These chemicals are a significant export commodity for India, with a strong presence in the global market. 
  • Iron and Steel:
    India is a major producer and exporter of iron and steel products, with exports reaching major markets in the United States and the Middle East. 
  • Automobiles:
    The automobile industry has been growing rapidly in India, with exports of various types of vehicles and auto parts increasing. 

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