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Showing posts from June, 2020

IMPORT-EXPORT INDIA DATA OF THE DAIRY PRODUCT INDUSTRY

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IMPORT-EXPORT INDIA DATA OF THE DAIRY PRODUCT INDUSTRY When it comes to the industry of dairy products in India, then India is considered to be the hub of dairy products in the world and India has the biggest dairy products industry across the world as well. If we talk about the year 2019, then the range of the production of milk in India was about 145.30 million tons. The dairy product industry of India, especially in terms of the production of milk, India produces more than 50% milk production done by the USA. And when it comes to the new biggest economy of the world, China then the production of milk in India is three times more than China. Not only this, but India is also considered to be the biggest milk producer in the world and that too with the lowest cost. The production of milk and the selling of milk in India helps in providing employment to about 600 million people living in the rural side of the country. Unlike Europe, which has a number of dairy farms on a large

THE IMPACT OF COVID-19 ON THE INDIAN TEA INDUSTRY

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When it comes to the exportation of tea, then the Indian tea industry is the fourth largest exportation industry in the world. India comes at the fourth position in terms of tea exportation around the world, after China, Sri Lanka, and Kenya. The major tea growing regions of India are Assam and Darjeeling in West Bengal. Darjeeling Tea is a world-famous style of tea and it can’t be grown at any other place in the world. India is the fourth largest exporter of Tea and the largest consumer of tea in the world. About three-fourth people of the total population of India consume tea on a daily basis. When it comes to the export partner of India, then Iran is the largest exporter of tea from India. And as we discussed above, West Bengal and Assam are the biggest producers of tea in India. As we all know, the outbreak of the COVID-19 pandemic has spread to all parts of the world and each country and everyone is suffering from it one way or the other. The economy of the world has been s

WHAT PRODUCTS DOES CHINA IMPORT?

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As we all know that China is one of the largest economies in the world. And when it comes to the importing of products in China, then China imports the products almost from everywhere in the world. However, the value of Chinese imported products keeps fluctuating. For example, if we talk about the year 2016, then the value of the imported products of China had declined to $1587 billion dollars from its previous year, $1679 billion dollars in 2015. Despite this also, China was in the second position in the world in terms of its imported products and the value of the imported products. According to one of the Exim data of the country through import-export data provider, the most imported product of China from various countries is the equipment of electrical machinery. And when it comes to the biggest importing partner of China, then it is the Republic of Korea. But what are the other major products that are imported by China?? Give a read to this article to know more about the imp

THE IMPORT EXPORT BUSINESS OF STEEL IN INDIA

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When it comes to the import-export business of India , steel plays a very important role. India is very popular in the production of steel. India is actually the second-largest producer of steel in the world. If we talk about the year 2018, then steel production in India was at 106.5 MT. The production of steel has grown rapidly in the last few years in India. And the credit behind this massive growth goes to the availability of raw iron or iron ore in the country and of course, the available number of cost-effective manpower in the procedure of production of steel. As a result, the steel sector in India has become one of the biggest donors, when it comes to the manufacturing output of India. When it comes to the year 2019, then the ability of the production of steel in India has expanded about 137.97 million tonnes. Earlier, Japan was the second-largest producer of steel. However, in the year 2019, India has exceeded Japan and became the second-largest producer of steel around