Since last 3 Decades the overall International Trade has expanded about 18000 billion to 250 Trillion , and year 2002 to 2012.
This quantum jump as indicated has been seen in different segment of products as well as market;
From luxury goods to industrial raw material, capital goods, export processing and obligatory crude energy like petroleum, diesel, gas.
From high society consumer segment to middle society to lower society consumer, as it leads to market demand which is complimentary to each other for all the economies and transformed the whole world into a global village.
Since last decade the market has become consumer oriented. Taste and behavior have totally changed, now consumerism has created the need of commodities with technological innovation in thousands of varieties. Hence,multinational brands felt the need to capture the global markets with full protection of their Products, Copyrights, Trademarks, and Patents.
Following are the figures of commodities import in India (2001)
Raw
material & intermediate goods
50.37%
export
related commodities
15.32%
manufactured
goods
15.26%
capital
goods
10.75%
food
& agro goods
4.56%
other
commodities
3.74%
Total
100.00%
More detailed facts and figures about Indian Imports are available with IIA. Please click on the links below for the same:
