Question : SHARE OF INDUSTRIAL SECTOR IN EXPORT



(a) the share of the Indian industrial sector in the country`s export during the last three years;

(b) the comparative figures of exports of Industrial sector during the above period; and (

(c) the steps being taken by the Government to increase the share of Indian Industrial sector in the overall exports from the country?

Answer given by the minister



MINISTER OF COMMERCE AND INDUSTRY (SHRI MURASOLI MARAN )

(a) to (b): The comparative value and share of manufacturing sector in the country`s export, estimated in dollar terms, during the last three years as per Department of Industrial Policy & Promotion are as under:

India`s Exports of Manufactured Products (in US $ millions)

Year Valaue of Manufactured Share to total

(April- products exports(%) February)

1998-99 23511 78.72 1999-2000 26949 82.03 2000-2001 31792 79.92


(c ) : The government has taken several policy measures to boost industrial exports in the country. These measures have been targeted to improve competitiveness of Indian industry in general and to promote exports. These measures include reduction in transaction cost through decentralisation, simplification of procedures and various other measures as enumerated in the Exim Policy. Steps have also been taken to promote exports through multilateral and bilateral initiatives, identification of thrust sectors and focus regions. Special Economic Zones are being set up to further boost the exports.