Global Import Export Data Provider

  I ndia's diamond export market has long been a keystone of its economy, in the fiscal year 2023-24, it reached a remarkable milestone of $18.2 billion. This achievement not only reflects the country's prowess in diamond processing but also highlights its pivotal role in the jewellery industry globally. This blog will delve into the factors contributing to this success, the challenges faced, and the future outlook, it becomes clear that India's diamond market is a true gem in the global economy. The Rise of India's Diamond Industry India's journey in the diamond trade began in the 18th century, but it was in the late 20th century that the country emerged as a global leader in diamond cutting and polishing. The establishment of the diamond trading hub in Surat, Gujarat, transformed the landscape of the industry. Today, India processes over 90% of the world’s diamonds, employing millions of skilled artisans and craftsmen. The recent surge in exports can be attribute...

  India is the world’s leading IT hub. So, there is huge demand for personal computers and accessories. These include computers, desktops, notebooks, laptops, and workstations. One main reason behind the increase in India’s PC imports is the ease in the import restrictions on laptops, tablets, and other computer devices. The latest India import export data shows that India accounted for record personal computers imports during October month. During October 2023, India made over $554 million worth of PC imports. Whereas, India’s overall PC imports were estimated to be around $3.8 billion in FY 2023. China was the top computer supplier to India with over 90% share. Other notable computer suppliers are Taiwan, Vietnam, Singapore, Malaysia, United States, Hong Kong, Japan and Indonesia. During this period, HP India, Dell International, Asus India, Apple India and Lenovo India were the leading PC import companies of India. According to the India import data reports, India’s computer ...