Important measures for sectoral performance in India are as follows:
Export of plantations crops increased from Rs 2,464 crores in April-March, 1996-97, to Rs 3,127 crores in 1997-98 registering a growth of 26.9%. During April-November, 1998-99, these exports increased by 31.7% in rupee terms. Export of coffee increased by 15.3% during the period while that of tea increased by 49.7%.
The export growth of this category of products has been negative at 4.9% decreasing from Rs 16,317 crores in April-March, 1996-97, to Rs 15,519 crores in April-March, 1997-98.
During April-November, 1998-99, however, exports of agri and allied products increased from Rs 9,017 crores to Rs 10,243 crores mainly due to the improved export of rice.
The items registering a significant increase during this period include rice, spices, guargum meal, castor oil, shellac, processed fruits and juice, miscellaneous processed items and floriculture products.
Items recording a decrease in exports are pulses, tobacco, sesame and niger seeds, groundnut, oil meals, sugar and molasses, meat and meat products and spirit and beverages.
The exports of marine products were valued at Rs 4,313 crores in April- March, 1997-98, which is 7.6% higher than the exports valued at Rs 4,008 crores during April-March, 1996-97. During April-November, 1998, these exports declined to Rs 2,973 crores from Rs 2,990 crores achieved during April-November, 1997, showing a fall of 0.6%.
This category of items registered a decline of 4.8% during April-March, 1997- 98, when exports fell from Rs 4,162 crores achieved in 1996-97 to Rs 3,962 crores. During April-November, 1998, there was a decline of 10.8%, when exports declined from the level of Rs 2,337 crores in April-November 1997 to Rs 2,184 crore m April-November, 1998.
The export of leather and leather manufactures also registered a decline of 4% during 1997-98, the value of exports declining from Rs 5,701 crores to Rs 5,462 crores over the period.
However, during April-November, 1998, these exports have registered a significant increase of 15.6%, increasing from a level of Rs 3,694 crores in April-November, 1997, to Rs 4,270 crores in April- November, 1998. Most of the leather products are exported to developed countries like Germany, France, US, UK, Italy and Japan and CIS countries.
Gems and jewellery sector is a major item of India’s exports. This sector registered a 12.7% export growth during 1997-98, when exports increased from Rs 16,872 crores in April-March, 1996-97, to Rs 19,014 crores in April- March, 1997-98.
During the current year (1998), a higher growth of 33.5% has been witnessed, when exports increased to Rs 15,583 crores during April- November, 1998, from a level of Rs 11,763 crores achieved during the corresponding period last year.
Chemicals and allied products registered a positive export growth of 14.7% during April-March, 1997-98, when its value increased to Rs 16,702 crores from a level of Rs 14,564 crores achieved during the corresponding period of the previous year.
In April-November, 1998, the export growth was only 2.3%, the value of exports increasing from Rs 10,563 crores in April-November, 1997, to Rs 10,809 crores in April-November, 1998.
The exports of engineering goods registered a 8.3% growth during 1997-98. The value of such exports increased to Rs 15,585 crores as compared to Rs 14,396 crores achieved during 1996-97. However, disappointingly during April-November, 1998, engineering exports witnessed a decline of 3%, its value falling to Rs 9,835 crores from Rs 10,140 crores during April- November, 1997.
Textiles, a major in India’s export basket witnessed a positive growth of 7.2% last year, when its export value increased form Rs 28,561 crores achieved during 1996-97, to Rs 30,618 crores during 1997-98.
Textile exports registered a positive growth of 7.9% during April-November, 1998 over the corresponding period of the previous year, with its value increasing from Rs 20,073 crores to Rs 21,653 crores.
Ready-made garments (24.9%, natural silk textiles (30.7%) and coir and coir manufactures (33.6%) were the high growth items under this category during April-November, 1998.
Export of handicrafts registered a high growth during 1997 and 1998. During 1998-98, its export value increased to Rs 1,927 crores from Rs 1,689 crores during 1997-97, registering a growth of 14.1%.
During the April-November, 1998, the growth rate has been 36.3%, with its value increasing to Rs 1,865 crores from a level of Rs 1,368 crores achieved during April-November, 1997.