India's Export - Import

[Naresh]

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Not a good sign. India is not making finished product for major market i.e China. India is relying too much on service sector.
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<b>Mudy Ji :</b>

Fret not! Check out the following :

<b>RBI : INDIA’S BALANCE OF PAYMENT</b>

You will note that for the April-September Period (Table : 3) there is <b>A SURPLUS OF ABOUT 23 BILLION IN THE INVISIBLES EXPORTS VIS-À-VIS INVISIBLE IMPORTS</b>

Thus I think that the end of the Year the Invisibles Surplus will be in the vicinity of USD 50 Billion and so with Exports of USD 125 Billion and Imports of USD 175 Billion India doesn’t have much to worry.

Cheers <!--emo&:beer--><img src='style_emoticons/<#EMO_DIR#>/cheers.gif' border='0' style='vertical-align:middle' alt='cheers.gif' /><!--endemo-->