India, known as the home of spices, is the world's largest producer, consumer and exporter of spices. About 75 of the 109 varieties listed by the International Organization for Standardization (ISO) are produced in the country and accounts for half of the global trading in spices.
The words 'sports goods' have become synonymous with the passion that India has for sports. The sports goods industry in India is nearly a century old and has flourished due to the skills of its workforce. About 60 per cent of the domestic production in the country is exported to countries like UK, USA and Australia among others.
India has a diverse and rich textile tradition and is one of the world’s leading manufacturers of man-made textiles. Indian textiles, along with reflecting country's rich culture, also caters to the modern day demands. It contributes about 15 per cent to the country’s exports.
Indian tea is among the finest in the world owing to strong geographical indications, heavy investments in tea processing units, continuous innovation, augmented product mix and strategic market expansion. During 2017-18, tea exports from the country stood at US$ 837.33 million.
India is the second largest producer and exporter of Tobacco in the world which is used in manufacturing activities in various countries. During 2017-18, exports of manufactured and unmanufactured tobacco and tobacco products stood at US$ 934.23 million.
Klaus Schwab, Chairman
World Economic Forum
Join IBEF.org now. Enjoy FREE subscriptions downloads, updates and more.
Error
Already a member?
Login / Retrieve Password
GET NEWS ALERTS
