28-Aug-2024
Key Highlights
As per India export data, India's total exports in October 2023 were 62.26 billion, up 9.43 percent from USD 56.90 billion in October 2022.
The total value of exports (commodities and services) was USD 778.2 billion. The export of goods decreased by 3% to USD 437.1 billion.
India's major exported products include: leather and its products, petroleum products
Gems and jewelry, automobiles, equipment parts, and electronic goods.
Based on export import data, the major exporters are: China, the United States, Germany, the Netherlands, and Japan.
As per India export data, the largest exporter in India is Reliance Industries, with an export value of 15%.
The top export companies in India include Reliance Industries, Tata Steel, Sun Pharma Industries, Rajesh Exports, and Tata Motors.
Did you know? India produces a wide range of goods and services exported to other countries worldwide, and its economy is one of the fastest-growing in the world. With its varied economy and rich cultural legacy, India has become a major player in the world export market. In terms of exports, India's total exports in October 2023 were 62.26 billion, up 9.43 percent from USD 56.90 billion in October 2022. However, due to its capacity to produce goods of superior quality at cheap rates, the nation has become a popular destination for consumers from other countries.
This blog will explore major exporters in India and top export companies, focusing on the key players who influence the country's global trade landscape.
Despite uncertainty surrounding the global economy, India's exports to 115 countries out of 238 destinations increased in 2023–2024.
The total value of exports (commodities and services) was USD 778.2 billion. The export of goods decreased by 3% to USD 437.1 billion, while the export of services increased to USD 341.1 billion.
India's total exports in the 2023–2024 fiscal year were a record $778.2 billion, up 0.04% from the year before.
When India's total export value reached $3.8 billion in December 2023, it significantly impacted the global stage. Compared to December 2022, when exports were $38 billion, this represented a slight increase of 0.95%.
Now, the question arises. What products are most exported from India?
Some of India's major exported products include:
Leather and its products
Petroleum products
Gems and jewelry
Automobiles, equipment parts, and electronic goods
Pharmaceutical products
Organic and inorganic chemicals
dairy products
Handloom and cotton yarns
Note: Explore the high-demand products for export in India here.
Here is the list of the top 10 exporting countries:
|
S.no. |
Top 10 exporters |
Export Value |
|
1 |
China |
US$ 3,380 billion |
|
2 |
United States |
US$ 2,019 billion |
|
3 |
Germany |
US$ 1,688 billion |
|
4 |
Netherlands |
US$ 934 billion |
|
5 |
Japan |
US$ 798 billion |
|
6 |
Italy |
US$ 717 billion |
|
7 |
France |
US$ 676 billion |
|
8 |
South Korea |
US$ 648 billion |
|
9 |
Mexico |
US$ 593 billion |
|
10 |
Canada |
US$ 569 billion |
Let's analyze each of the major exporters in India in several industries in more detail:
Reliance Industries
Tata Steel
Sun Pharma Industries
Rajesh Exports
Tata Motors
Vardhaman Textiles
International Lace Trade Center
Bajaj International Private Limited
Arvind Mills
Kiran Gems Private Limited
Here is a closer look at the Indian Exporters List:
As India's most well-known private company, it significantly influences the global refining and petrochemical sectors. Reliance Industries, considered the major exporters in India, or biggest export company in India. Also, it exports petroleum products, including chemicals, polymers, and refined fuels. Reliance Industries' main export destinations are Europe, Africa, and America. More than 15% of India's total exports come from this exporting company alone.
Top Exports
Tata Steel is one of the major exporters in India, providing a variety of services such as business solutions and consulting. with an annual capacity of 35 million metric tons for crude steel. Its wide range of products showcases India's steel industry and technological advancements. It is one of the few steel operations fully integrated from mining to manufacturing and marketing finished products. The top markets for its steel exports are the United States, Vietnam, Iraq, Afghanistan, Korea, Jordan, and Qatar.
Top Exports
One of India's biggest exporters, Sun Pharmaceutical Industries, is present worldwide. Its specialties include developing and manufacturing pharmaceutical products, including active pharmaceutical ingredients (APIs), generic drugs, and specialty medications. The company's focus on research and development has successfully addressed the worldwide healthcare system's needs. The USA, Belarus, Sri Lanka, and Myanmar are the countries to which it exports the majority of its medications.
Top Exports
One of the largest exporters in India, Rajesh Exports Limited (REL), is the only completely integrated company in the world that works on the entire gold value chain, from retail branding to mining. Approximately 35% of the world's gold production is processed by Rajesh Exports. The company highlights India's leadership in the world gold market while refining, designing, and selling gold and jewellery. Mainly to the USA, UK, Singapore, and UAE, REL exports plain and studded gold jewellery to more than 60 nations.
Top Exports
Tata Motors, one of India's leading automakers, manufactures various vehicles, including electric, commercial, and passenger vehicles. As a major exporters in India of automobiles and auto parts, Tata Motors serves markets globally. The corporation's focus on innovation, sustainability, and electric mobility has made it a significant player in the dynamic global automotive industry. Latin America, Africa, the Middle East, and Vietnam are Tata Motras' principal export markets.
Top Exports
With numerous production facilities spread throughout India, it is the country's biggest vertically integrated textile manufacturer. The company produces woven fabric, acrylic fiber, cotton, synthetic, sewing thread, and clothing. India's biggest vertically integrated textile manufacturer, with several production sites spread throughout the country. A third of the yarn produced by Vardhaman Textiles is exported, demonstrating the demand for Indian textiles across the globe. Its major export markets are South Asia, Europe, Africa, Japan, and the United States.
Top Exports
It sells handmade items. The ILTC makes meeting rooms, an auditorium, an outdoor theater, exhibition halls, training areas, and spaces for craft bazaars available to exporters and artisans. Also, it is the largest exporter in India and includes accommodations for buyers and designers and an administrative setup. It ships its products everywhere in the world. Its main goal is to export significant amounts of lace products to highlight the potential of Indian handicrafts.
Top Exports
The Bajaj Group, an Indian multinational conglomerate established in Mumbai in 1926 by Jamnalal Bajaj, includes Bajaj International Pvt. Ltd. The company manufactures and exports electronic products, such as irons, gas stoves, ceiling fans, table fans, air coolers, room heaters, fluorescent lights, and commercial decorative items.
Top Exports
Arvind Mills is recognized as a global fashion brand that specializes in textiles and denim. Through its nationwide retail network, it sells its Flying Machine, Newport, Excalibur, and licensed international brands like Tommy Hilfiger, Calvin Klein, and Arrow. In addition, Arvind owns three chains of stores that sell apparel and accessories: Megamart, Unlimited, and the Arvind Store. All three stores carry company brands.
Top Exports
As the world's biggest producer of natural diamonds and the leading diamond manufacturer in India, KIRAN GEMS sets standards for manufacturing, technology integration, precision and variety in products, and broader social responsibility. The group is the biggest user of sophisticated, high-tech manufacturing systems in the diamond industry and possesses multiple specialized manufacturing units. It creates and ships rounds and fancy in every possible combination of size, shape, color, and clarity, ranging from the smallest to three carats.
Top Exports
So, these are the top exporters in India. However, if you are looking for top export companies in India, the Indian Exporters List, or top exporters in India, connect with the ExportImportData.in platform today and explore the global countries datasets. hussle-free.
Wind-Up
India's top 10 export companies demonstrate the nation's economic strength and global trade impact. These industry leaders use technology and market diversification to exploit growth opportunities despite regulatory obstacles and fierce international competition.
Ultimately, India's image as one of the top exporters in the world is reinforced by the many industries that contribute to its international trade. India's export environment, which combines state-of-the-art IT services with its long-standing strengths in textiles, is a reflection of its thriving economy. However, if you are looking for major exporters in India or export companies in India, visit the ExportImportData platform and analyze the international trade statistics on a single platform.
To schedule a free live demo, connect today.
Export Import Data solutions is one of the best online import export websites in India that provides trade data services and trading business information. Currently, Export import data is the best import export data provider and market research companies in India.
Reliance Industries is the largest exporter in India, as more than 15% of India's total exports come from this exporting company alone.
The top three exporters in India are: Reliance Industries: Tata Steel Sun Pharma Industries
India's few top export companies include Rajesh Exports, Tata Motors, Vardhaman Textiles, International Lace Trade Center, and Bajaj International Private Limited.
Reliance Industries is considered one of the major exporters in India or the biggest export company in India. It exports petroleum products, including chemicals, polymers, and refined fuels. Reliance Industries' main export destinations are Europe, Africa, and America.
