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These two goods are constituting 53% total imports, 34% total exports and nearly 100% of total trade deficit (136 billion US$) of India in the financial year 2013–14. [52] The services trade (exports and imports) are not part of commodities trade. The trade surplus in services trade is US$70 billion in the year 2017–18. [53]
v. t. e. The article lists the states and union territories of Indiaby exportsof goodsand exports of services. Each state's exports are listed in nominal US dollarvalues. List by goods exports. [edit] States and territories by goods exports between April 2022 and March 2023. [1]
However, by the end of British rule, India's economy represented a much smaller proportion of global GDP. In 1820, India's GDP was 16% of the global GDP. By 1870, it had fallen to 12%, and by 1947 to 4%. India's per-capita income remained mostly stagnant during the Raj, with most of its GDP growth coming from an expanding population.
International trade is the exchange of capital, goods, and services across international borders or territories [1] because there is a need or want of goods or services. [2] (see: World economy ) In most countries, such trade represents a significant share of gross domestic product (GDP). While international trade has existed throughout history ...
However, by the end of British rule, India's economy represented a much smaller proportion of global GDP. In 1820, India's GDP was 16% of the global GDP. By 1870, it had fallen to 12%, and by 1947 to 4%. The Republic of India, founded in 1947, adopted central planning for most of its independent history, with extensive public ownership ...
The two largest goods traded by India are mineral fuels (refined / unrefined) and gold (finished gold ware / gold metal). In the year 2013–14, mineral fuels (HS code 27) were the largest traded item with 181.383 billion US$ worth imports and 64.685 billion US$ worth re-exports after refining. In the year 2024–2025, gold and its finished ...
The history of metallurgy in the Indian subcontinent began prior to the 3rd millennium BCE. [1] Metals and related concepts were mentioned in various early Vedic age texts. The Rigveda already uses the Sanskrit term ayas ( Sanskrit: अयस्, romanized : áyas, lit. 'metal; copper; iron'). [2]
Jagadish Chandra Bose laid the foundations of experimental science in the Indian subcontinent. [ 128] He is considered one of the fathers of radio science. [ 129] Extent of the railway network in India in 1871; construction had begun in 1856. The Indian railways network in 1909.