Export of India’s Major Products: Problems and Prospects : Includes Highlights of EXIM Policy, 2002-2007 Announced on March 31, 2002

Over the years, significant changes in the EXIM policy have helped to strengthen the export production base by removing procedural bottlenecks, facilitating input availability and upgrading technological advancements. Policy-makers have realised that there is no alternative but to give a thrust to the export sector. For this purpose, the Ministry of Commerce has identified 14 thrust products for giving special attention by providing a policy framework to increase exports. The present book has been written to study the various aspects of export promotion activities besides highlighting the hidden potential of India’s major products and how India can increase its share in world exports which is currently below 1%. The concept of thrust products is not very old, hence the export statistics for the last decade have been used. The highlights of EXIM Policy 2002-2007 announced on March 31, 2002 have also been set forth. In order to conduct an extensive study, four products have been selected for detailed analysis, namely handicrafts and jewellery, readymade garments, electronic goods and computer software and processed foods. The overall objective of the book is to analyse performance, problems and potential for thrust products of Indian exports so as to suggest measures to accelerate the tempo of exports of these value-added items to various countries of the world.