griculture

More than 58% of country's population depends on agriculture, a sector producing 25% of GDP. The agriculture and allied sector witnessed a growth impressive growth rate of 9.6% in the last year. While looking at some of the agricultural products, one finds that India is the largest producer of Tea, jute and jute like fibre. India is not only the largest producer but also largest consumer of tea in the world. India accounts for around 14% of the world trade in tea. Indian tea is exported in various forms such as bulk tea, packet tea, tea bags, instant tea etc, to more than 80 countries of the world. Among livestock, cattle and buffalo are found maximum in India. Indian total milk production is highest in the world. Among cereals production, India is placed third, having second largest production in wheat and rice and the largest production in pulses. However, the full potential of Indian agriculture as a profitable activity hasn't been realized yet.

The Government should give priority to livestock's & fisheries, horticulture, organic farming, commercial crops and agro-processing, as these are the potential areas of high growth. Also, public investment in agriculture needs to be augmented, especially in rural infrastructure, irrigation, and agricultural research & development so that all the hurdles in Indian agriculture will be crossed gradually.

eather/Leather Products

Leather Industry in India, occupies a place of prominence in the Indian economy, in view of its massive potential for employment, growth and exports.

Leather industry employs 2.5 million persons. A large part (nearly 60-65%) of the production is done by the Small/Cottage Sector. The annual export value of Leather industry is poised to touch about 2 billion US dollars. Leather industey is amongst top 8 export earners for India. A estimated 15% of total purchase of leading global brands in footwear, garments, leather goods & accessories in Europe, is outsourced from India. Being the second largest manufacturer of leather garments & footwear, mainly all companies in India are ISO Certified leather companies and they all meet the international ethical engagement criteria. Leather industry has a large scope to grow in near future. 

aper and Paper Products

The Indian pulp and paper industry has recently experienced enormous growth, coupled with consolidation.

There are, at present, about 515 units engaged in the manufacture of paper and paperboards and newsprint in India. The country is almost self-sufficient in manufacture of most varieties of paper and paperboards. However, in Import we ares confined only to certain specialty papers. To meet part of its raw material the paper industry needs to rely on imported wood pulp and waste paper. Production of paper & paperboard during the last year was is 24.52 lakhs tonnes. At present about 60.8 per cent of the total production is based on non-wood raw material and 39.2 per cent based on wood.

andicrafts

The handicrafts industry in India is largely organized and decentralized.It employs about five million artisans, mostly in carpet making and manufacturing of bamboo and jute items. Most of these craftsmen work on a part-time basis.

The largest export market for Indian handicrafts is the United States.The indian handicraft sector is showing an annual average growth rate of 8.5%. In US$ terms also this annual average growth rate is approximately around 4.74% . According to the national census of handicrafts, undertaken by the National Council for Applied Economic Research the value of handicrafts produced last year were of Rs.26,213 crores.

pparel & Textiles

The textile industry occupies a unique place in our country. One of the earliest to come into existence in India, it accounts for 14% of the total Industrial production, contributes to nearly 30% of the total exports. Textile Industry is the second largest employment generator after agriculture.

Textile Industry is providing one of the most basic needs of people and it holds importance by maintaining sustained growth for improving quality of life. It has a unique position as a self-reliant industry, from the production of raw materials to the delivery of finished products, with substantial value-addition at each stage of processing; it gives a major contribution to the country's economy.

lastic Industry

The Indian Plastic industry is the oldest one in the history. It produces the most versatile products of our age. Plastic is used for a wide variety of products, including toys, household wares, and industrial components of various shapes and sizes. In addition ,refrigerators, automobiles, radio and television sets, paints, synthetic textiles, aircraft and shipping, as well as defence equipment, medical and surgical products, have an unavoidable dependence on plastics of various kinds.

The Plastic industry over the decade has grown by about 15%. It's a full-fledged industry which is all geared to set new records. The per-capita consumption which is 4.1 kgs. is likely to rise to 7.9 kgs. by 2006. Thie Plastic industry is growing mainly due to the liberalization of the economy, lowering of import duties and the growing consumerism in the country.

hemicals

Chemical Industry occupies an important place in the country's economy, as the Chemical industry has grown at a pace outperforming the overall growth of the industry. The Chemical Industry produces a wide spectrum of products, which include Pharmaceuticals, Dyes, Man-made Fibers, Plastics, Pesticides, Fertilizers, Cosmetics and Toiletries, Paint, Auxiliary Chemicals and wide range of Organic and Inorganic compounds for applications ranging from automobiles, textile industry, engineering industry, construction chemicals and food additives to veterinary and health care products.

The Chemical Industry constitutes about 14% of India's industrial production and 10% of the total exports from the country. A substantial proportion of these exports go to USA, Europe and other developed nations.

ngineering Industry

The engineering industry is the largest segment of the overall Indian industry.The engineering industry can be divided into electrical and non-electrical segments. The electrical segment depends upon the investments in power industry, while the prospects of the non-electrical segment are driven by industrial investment.

According to data compiled by the Directorate General of Commercial Intelligence and Statistics, engineering goods exports during the first seven months of the current financial year touched $ 7.51 billion. Thus the industry is growing at a fast pace and in a short span of time it will be a leading player in the export industry.

ems and Jewellery Market

The Gems & Jewellery industry has shown a remarkable success as an export-oriented industry in India. The exports of gems & jewellery showed a buoyant growth rate of 28.6 per cent. 

The Gems & Jewellery industry has a targets to achieve 65 percent of the international market by by 2010. Customs duty on rough diamonds and coloured gem stones, semi-processed, half-cut and broken diamonds has been abolished while that on cut & polished diamonds and coloured gemstones has been reduced from 15% to 5% by the Government. This step will definitely boost the gems & jewellery market.