Exporting to India

India Export Guide | Trade Finance Global

Exporting to India

Imports to India have grown at a rate of about 7% in recent years with the major import being crude petroleum at 32%. Gold is the next highest commodity at about 9% while coal and refined petroleum, at about 3%, are also significant imports.

Growth in India is expected to come from the world leading biotech industry, growing at 37% annually, the fastest growing telecom market in the world and an ambitious infrastructure building project. India is also expected to be the world’s largest vehicle manufacturer by 2020.

Exporting to India? Contact our local experts

1.00 GBP
British Pound
1.00 GBP = 86.0288 INR
=
86.0288 INR
Indian Rupee
1.00 INR = 0.01162 GBP

Country Profile

CapitalRepublic of IndiaBh?rat Ga?ar?jya Flag State emblem Motto:"Satyameva Jayate"(Sanskrit)"Truth Alone Triumphs" Anthem:"Jana Gana Mana"(Hindi)"Thou Art the Ruler of the Minds of All People" National song"Vande Mataram"(Sanskrit)"I Bow to Thee, Mother" Area controlled by India shown in dark green; claimed but uncontrolled regions shown in light green. New Delhi
Population 1,324,171,354
Area 3,287,263  km2 (1,269,219 sq mi)
km2 (7th)
Currency Indian rupee (INR)
GDP
Languages Hindi English

India: Imports Profile

Imports from India

Imports from India: $384.3 billion
Import commodities:Agricultural products 7.1% Fuels and mining products 33.1% Manufacturers 47.8% Other 12%
Top import destinations:China 17%  European Union 11.3%  United States 5.7%  United Arab Emirates 5.4%  Saudi Arabia 5.2% Other 55.5%
GDP growth (annual %)

Exporting to India: What is trade finance?

Export finance is a revolving facility which alternative financiers offer - it enables firms to purchase products and can help reduce the pressure from cashflow issues.

Typically, an export finance bank will fund most of the cost of the receivables, including charges (e.g. VAT charges).

Trade finance offers benefits over more traditional bank finance like asset finance or business loans. Trade finance provides up front funding without affecting existing bank relationships.

How does it work?

If you're a firm importing or exporting stock supplies outside of your own country, then a trade finance facility would allow you to fund this through offering a LC (letter of credit) or some form of cash advance.

I’m looking to export to India, how can Trade Finance Global help, and how does it work?

If you’re looking to export to India, contact our specialists in trade finance to see how we can help you grow your business internationally.

If you are looking to export inventory to other international markets, you may need export finance, which is an agreement between yourself (the exporter), and the foreign importer. A non-bank lender will advance you the cost of producing the stock that you are exporting (as a debt product), either once you have sent the goods, or before manufacturing them. Once the importer has received the inventory and pays you for the import, you will repay the advance loan from the export bank over an agreed period.

Read the TFG Exporters Guide here.

Importing from India? Contact our local experts

Country Profile

CapitalRepublic of IndiaBh?rat Ga?ar?jya Flag State emblem Motto:"Satyameva Jayate"(Sanskrit)"Truth Alone Triumphs" Anthem:"Jana Gana Mana"(Hindi)"Thou Art the Ruler of the Minds of All People" National song"Vande Mataram"(Sanskrit)"I Bow to Thee, Mother" Area controlled by India shown in dark green; claimed but uncontrolled regions shown in light green. New Delhi
Population 1,324,171,354
Area 3,287,263  km2 (1,269,219 sq mi)
km2 (7th)
Currency Indian rupee (INR)
GDP
Languages Hindi English

0.14

Econ Complexity 32nd of 89
1980
2016

$256B

Exports 18th of 120
1980
2016

$344B

Imports 14th of 120
1980
2016

$6.57k

GDP Per Capita 72nd of 89
1990
2016
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