Agri, allied exports up 9 per cent

Agri and allied products showing a substantial increase in exports were rice, pulses, tobacco, spices, nuts and seeds, cashew, guar, gum meal, castor oil and processed food items, an official release said.

Dairy and poultry products showed a record increase of over 65 per cent in dollar terms in 2004-05 compared with the previous fiscal.

Gems and jewellery exports rose by over 29 per cent to reach a level of $13.7 billion in 2004-05 compared with $10 billion in 2003-04.

Exports of chemicals and related products also showed an impressive growth of over 27 per cent having gone up from $9.9 billion in 2003-04 to $12.6 billion in 2004-05.

India emerged as a major exporters of petroleum products in 2004-05 with exports reaching a record high of $6.7 billion, up by over 90 per cent from $3.5 billion achieved in 2003-04.

There has been an across the board increase in exports of all engineering items from India including machine tools, machinery and instruments, transport equipments, iron and steel, manufactures of metals and residual engineering items.India’s exports have been on a high growth path.