India Import Data, India Customs Data, India Shipments Data

Import Globals06 Sep, 2024Business

India is a rising super power with the world?s third largest military expenditure, second largest armed force and fifth largest economy by GDP nominal rates and the third largest economy in terms of purchasing power parity. According to India Customs Data, India?s trade to GDP in 2021 was 45.29%. The country is set to cross $1.6 trillion mark in near future. As per India Import Data, the value of goods imported by the country in 2021 was US$41.99 billion with an increase of 2.05%.