Exports from labour intensive sectors rises 7.04% in 2017-18

Share of labour intensive sectors in overall exports stood at 43.5% in 2017-18

The exports from labour intensive sectors registered a positive growth of 5.63% during 2016-17 over 2015-16. During 2017-18, it registered a positive growth of 7.04% over the year 2016-17. Due to different units of measurement, the total quantity of exports is not additive.

In order to promote India's exports including labour intensive sectors, the Government has taken several measures through new Foreign Trade Policy 2015-20 launched on 1 April 2015, its Mid-term Review released on 5 December 2017 and other policy measures taken from time to time. The key measures include:

FTP 2015-20 provides a framework for increasing exports of goods and services as well as generation of employment and increasing value addition in the country, in line with the 'Make in India', 'Digital India', 'Skills India', 'Startup India' and 'Ease of doing business 'initiatives.

India's merchandise exports and exports from labour intensive (Value in US$ million)<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />

Years

Exports from Labour intensive sectors

% Change

India's merchandise exports

% share of exports from labour intensive sectors

2015-16

116868.5

--

262291.1

44.56

2016-17

123443.4

5.63

275852.4

44.75

2017-18

132131.8

7.04

303526.2

43.53

Source: DGCI&S, Kolkata

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