Before 1991, import and export in India was difficult and was restricted. This was so because the government imposed a heavy custom duty which made it difficult for importers and exporters to do business in India. However, a New Economy Policy of 1991 led to reformation and changes in the import export scenario. The custom charges were reduced which made it convenient for exporters and importers to extend their businesses here. Now in the present scenario, India maintains very good business relation with other countries and exports a number of goods commodities.
Top Export Products in India
When it comes to export business, India can boast of maintaining good business relation with other countries and exports a number of commodities to them. Our country is now one of the popular chemical suppliers and polymer suppliers in the world. Some of the top exports products in India are-
The Darjeeling tea and Assam tea that are grown in India are exported to many other countries in the world. These are grown in the valleys in Darjeeling and Assam are then packed and sold globally. The organic teas produced in India are not only popular within the country but is popular with other nations also.
As mentioned before, India is one of the popular chemical suppliers in the world and supplies different kinds of chemical globally. As chemical suppliers, we export bulk chemicals like Melamine, Lactic Acid, Soda Ash etc. We also export Fine and specialties chemical and Fluorine specialties like Sodium Fluoride, Calcium Fluoride etc.
The Indian economy is popular as polymer suppliers as well and is known to export polymers in different forms. As polymer supplier we export additives and compounds like candle additives and fragrances, commodities and specialties water based PU and also export wax in the form of paraffin wax etc.
As a paper exporter we export different kinds of paper to the countries which includes news prints, coated papers and specialty papers like thermal paper, inkjet paper and NCR paper.
When it comes to export we also export additives that are used in the seafood industry and non-phosphates like include citric acid, sodium citrate etc. Aqua feeds like shrimp and phosphates are also a part of our popular export product list.