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Home » Gujarat tops India’s exports in FY24 H1, with TN, Maharashtra close behind

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Gujarat tops India’s exports in FY24 H1, with TN, Maharashtra close behind

TheNewsFacts
Last updated: December 10, 2023 11:48 am
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Gujarat tops India's exports in FY24 H1, with TN, Maharashtra close behind
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In this fiscal year’s FY24 first half (April-September), Gujarat emerged as the frontrunner among Indian states in exports, showcasing an impressive performance by contributing a staggering ₹5,52,855 crore. This dominant figure solidifies Gujarat’s status as a key player in the nation’s export market, showcasing its economic prowess.

Contents
  • India’s Exports FY24 : Southern States Impressive Performance
  • Top Export Items from Various States of India – FY 24

Following Gujarat, Maharashtra stood at the second position with exports totaling ₹2,72,492 crore, highlighting its robust industrial and trade infrastructure. Tamil Nadu secured the third spot with exports amounting to ₹1,71,462 crore, underscoring its consistent performance in the export sector.

India’s Exports FY24 : Southern States Impressive Performance

The southern states maintained a significant presence in the list, with Karnataka securing the fourth spot by contributing ₹1,04,428 crore to the export basket. Andhra Pradesh closely followed with ₹85,021 crore, showcasing its strength in trade and commerce.

Uttar Pradesh and Haryana displayed promising performances, contributing ₹83,260 crore and ₹67,258 crore, respectively, further diversifying India’s export landscape.

Surprisingly, Telangana showcased a notable rise in its export figures, reaching ₹49,120 crore, demonstrating its growing role in the country’s export-oriented industries.

Meanwhile, West Bengal, Odisha, and Rajasthan held their positions in the top exporters’ list, reflecting their consistent contributions to India’s trade activities.

Delhi, Madhya Pradesh, Punjab, and Kerala, though appearing lower on the list, showcased commendable figures, underscoring their significant roles in the nation’s export economy.

The data released by the Ministry of Commerce and Industry solidifies the varied and robust export potential across Indian states, showcasing the diverse economic strengths and contributions to the nation’s global trade landscape. The figures underscore the resilience and potential for growth within the Indian export sector, setting a promising tone for the upcoming fiscal year.

Top Export Items from Various States of India – FY 24

In addition to showcasing the leading export states in the first half of FY24, a closer look at the top export items from various states sheds light on the specialized industries fueling India’s trade economy.

Gujarat:
Gujarat’s robust export profile centers around Petroleum Products, Diamonds, and Pharmaceuticals. This diverse range underscores the state’s multi-sectoral strength and its pivotal role in India’s export landscape.

Maharashtra:
Maharashtra, a significant contributor to India’s exports, focuses on Gems & Jewellery, Pharmaceuticals, Engineering Goods, Chemicals, and Textiles. Its varied export basket highlights its diverse industrial capabilities.

Tamil Nadu:
Tamil Nadu’s export prowess lies in Textiles & Apparel, Leather & Leather Products, Petroleum Products, and Chemicals. The state’s specialization in these sectors has solidified its position as a key player in India’s export market.

Karnataka:
Pharmaceuticals, Textiles & Apparel, Electronics, and Chemicals form Karnataka’s primary export items. The state’s emphasis on these sectors showcases its technological and manufacturing strengths.

Andhra Pradesh:
Andhra Pradesh contributes significantly to India’s export sector through Pharmaceuticals, Textiles & Apparel, Leather & Leather Products, and Engineering Goods, emphasizing its versatile industrial landscape.

Uttar Pradesh:
Uttar Pradesh’s export portfolio encompasses Petroleum Products, Leather & Leather Products, Textiles & Apparel, Engineering Goods, and Chemicals, highlighting its diverse manufacturing base.

Haryana:
Textiles & Apparel, Leather & Leather Products, Pharmaceuticals, and Chemicals constitute Haryana’s major exports. The state’s focus on these industries amplifies its role in India’s export narrative.

Telangana:
Telangana’s export strength is found in Pharmaceuticals, Engineering Goods, Electronics, and Chemicals, showcasing its emerging technological and manufacturing capabilities.

Rajasthan:
Gems & Jewellery and Textiles & Apparel are the primary export items from Rajasthan, signifying the state’s specialization in these sectors.

West Bengal:
West Bengal’s export landscape is characterized by Tea and Jute & Jute Products, emphasizing its distinct contributions to India’s export market.

This detailed breakdown underscores the specialized industries across various Indian states, showcasing their unique strengths and contributions to India’s global trade footprint. These specialized exports collectively reinforce India’s position as a diverse and competitive player in the international market.

TAGGED:Exports from IndiaGujarat Tops FY 24 Exports ListIndia's Exports FY24
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