Market Brief on India January 2018
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- Allison Brittany Brown
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1 Market Brief on India January 2018 Location Facts and Figures India is bounded by the Indian Ocean on the south, the Bay of Bengal on the south-east and the Arabian Sea on the southwest. The country shares its land borders with Pakistan to the west, China, Nepal and Bhutan to the north-east, and Bangladesh and Myanmar (Burma) to the east. Total Population Area Time Zone Capital City International Telephone Code Currency Exchange Rate (29/01/18) GDP GDP per capita GDP Growth Rate Ease of Doing Business (World Bank 2017) Inflation Rate (2016) Official Language(s) Other Languages billion million km² UTC+05:30 New Delhi +91 Indian Rupee 1 US$ = INR- Indian Rupee US$ Billion US$ % 130/ % Hindi, English Bengali, Telugu, Marathi Cities & Population City Population Mumbai 12,691,836 Delhi 10,927,986 Bengaluru 5,104,047 Kolkata 4,631,392 Chennai 4,328,063 Ahmedabad 3,719,710 Hyderabad 3,597,816 Pune 2,935,744 Surat 2,894,504 Kanpur 2,823,249 Business Hours Banking Hours Literacy Rate 74% Measures Important International Participation 0800 hrs-1700 hrs Lunch hrs hrs (weekdays) hrs (Sat) Metric System UN, BRICS, WTO, G4, SAARC (South Asian Association for Regional Cooperation),
2 Na US$ 000 India Trade with the World 550,000, ,000, ,000, ,000, ,000, ,000, ,000, ,000, Imports 488,976, ,045, ,369, ,744, ,704,792 Exports 289,564, ,611, ,544, ,381, ,326,912 Major import sources of India (2016) Major export destinations of India (2016) 48% 17% 47% 1 China USA 4% 1 UAE Switzerland Indonesia Iraq Saudi Arabia Korea, Republic of Germany Japan USA UAE Hong Kong China UK Singapore Germany Viet Nam Bangladesh Belgium Other
3 US$' 000 Major import products of India (2016) Major export products of India (2016) 1 24% 2 41% 11% 4% Mineral fuels, mineral oils 9% 10% 1 Natural or cultured pearls, precious or semi-precious stones, metals Electrical machinery and equipment and parts thereof. Machinery, mechanical appliances, nuclear reactors, boilers; parts thereof Organic chemicals Plastics and articles thereof Commodities not elsewhere specified Animal or vegetable fats and oils Iron and steel Optical, photographic, cinematographic, medical or surgical 4% Natural or cultured pearls, precious or semi-precious stones Mineral fuels, mineral oils Vehicles than railway or tramway rolling stock Machinery, mechanical appliances Pharmaceutical products Organic chemicals Articles of apparel and clothing accessories Electrical machinery and equipment Articles of apparel and clothing accessories Iron and steel Other Zimbabwe-India Trade (US$ 000) 250, , , ,000 50, , , , , , Exports 3,376 10,352 30,489 22,498 48,435 Imports 133, , , , ,662 Trade Balance (129,777) (184,777) (167,475) (211,943) (68,227) -India Reporting
4 Zimbabwe s major exports to India (2016) Zimbabwe's exports to India- Value in 2016, (US$ 000) Zimbabwe's exports to India-Annual growth in value between , %, p.a. India's imports from World-Value in 2016, (US$ 000) Natural or cultured pearls 32,696 1,431 48,129,744 Tobacco and manufactured substitutes 7, ,495 Nickel and articles thereof 4, ,515 Cotton 2, ,071,401 Ores, slag and ash ,731,029 -India Reporting Zimbabwe's imports from India (2016) Zimbabwe products with export potential to India 14% 5 Iron & steel Fresh & dried vegetables (pigeon peas, kidney beans) Fresh or dried fruits (oranges) Black fermented tea Wattle extract Cigarettes of tobacco Leather & leather products Granite (polished or raw) Nickel Coke and semi-coke of coal Furniture (metal & wood) Tea Coffee 7% 9% India import products from Africa Pharmaceutical products Machinery, mechanical appliances Electrical machinery and equipment Vehicles than railway Miscellaneous chemical products Plastics and articles thereof Cereals Rubber and articles thereof Gold Coal Diamonds Nickel Aluminium Chromium ores Dried or fresh cashew nuts Copper, unrefined Dried shelled peas Tea and Coffee Cotton Soya beans Oranges Wattle extract Sesami seeds Essential Oils Kidney beans Wire of copper Leather Hides and skins Fresh pears Granite
5 Useful Addresses Embassy of India in Zimbabwe 12 Natal Road Belgravia P. O. Box 4620 Harare Tel: Fax: pstohoc@embindia.org.zw Embassy of the Republic of Zimbabwe B-8 Anand Niketan New Delhi Tel: /4 Fax: envoy@zimhcindia.com; envoy@zihcindia.com Confederation of Indian Industry The Mantosh Sondhi Centre 23, Institutional Area, Lodi Road, New Delhi Tel: / Fax: info@cii.in Website: Preferential Trade Arrangements There are no binding Trade Agreement between Zimbabwe and India. Travelling to India Zimbabwe nationals must apply for a visa in person at the Indian Embassy. A valid passport (at least 6 months) is required. Options to travel to India by air include: Harare-Johannesburg-Mumbai Harare-Dubai-Mumbai Harare-Addis Ababa-Mumbai The Associated Chamber of Commerce and Industry of India 5, Sardar Patel Marg, Chanakyapuri New Delhi Tel: Fax: , assocham@nic.in Website: For more information, please contact us info@zimtrade.co.zw ZimTradeAlerts Disclaimer: ZimTrade strives to compile reliable, research-based information that is passed on to our clients in good faith. Whilst every care has been taken in the production of this report, ZimTrade does not accept any responsibility for the accuracy of the information supplied. For more information about ZimTrade and its activities log on to
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