Pa g e | 1 Impact of the Surge in Chinese Import on Indian Manufacturing Sector Jitender Singh Assistant Director RESEARCH STUDIES OFFICE OF THE ECONOMIC ADVISER DEPARTMENT OF INDUSTRIAL POLICY AND PROMOTION MINISTRY OF COMMERCE & INDUSTRY UDYOG BHAWAN, NEW DELHI INDIA July, 2012 Vie ws e x pre s s e d in t h is pape r are t h o s e o f t h e au t h o r(s ) an d m ay n o t be at t ribut e d t o t h e Government of India. Pa g e | 2 Acknowledgement This Study w ou ld n ot h av e b ee n p os s ib le w ith ou t th e h elp of a n u m b e r of p eop le w h o w ith th e ir k in d coop era tion , activ e s u p erv is ion an d s te ad fas t s u p p ort h a v e m ad e th is re s e arch w ork re a lity . I a m ex tre m e ly gra tefu l to Prin cip al Ad v is e r Dr. Man ju la Kris h n a n , w h os e k een con tin u ou s en cou rage m e n t a n d s u gge s tion s h elp ed to com p le te th is w ork . I a m th an k fu l to S h ri S rik ara Na ik , Econ om ic Ad v is er a n d S h ri M.C. S in gh i, S en ior Economic Adviser for his v alu ab le com m en ts a n d e n cou ra ge m en t to com p le te th is w ork . I a ls o ex te n d m y s in ce re gra titu d e to Ms . Ma n is h a Me en a, As s is ta n t Director for s h arin g h er v alu ab le th ou gh ts a n d h elp in g in u n d e rs ta n d in g th e d a ta . I als o th an k Shri Purohit, Economic Officer who p rov id ed th e d a ta s u p p ort. Place: Date: Jitender Singh Pa g e | 3 Impact of the Surge in Chinese Import on Indian Manufacturing Sector Abstract In d ian im p ort tre n d re p orte d a s u rge in recen t p a s t few y e ars , p os s ib ly b eca u s e of ch e ap im p ort of Ch in e s e m a n u factu rin g good s . Th e trad e d eficit w ith Ch in a is als o ris in g alon g w ith ris in g requ e s t for in trod u cin g an ti d u m p in g m e a s u re s aga in s t Ch in e s e im p ort. Th es e tre n d p oin ts th e n eed to ch e ck th e p rofile of im p ort from Ch in a an d its rela tion w ith ou r d om e s tic m a n u factu rin g p rod u ction s tru ctu re . Th e m a jor qu e s tion a d d re s s ed in th is re s e arch s tu d y is : How a re tre n d s in im p ort from Ch in a a s s ocia te d w ith im p ort an d m an u fa ctu rin g in s p ecific in d u s try s u b -group in India? A con cord a n ce b e tw e e n In d ia n Tra d e Clarifica tion b a s e d on Harm on iz e d S y s te m (ITC-HS ) Cod e an d Na tion al In d u s try Cla s s ifica tion (NIC) a t 5 d igit level is d ev elop ed for la s t 7 y e a rs for 2 6 8 ite m s of IIP (In d ex of In d u s tria l Prod u ction ) an d im p ort, an d s ep ara te ly w ith im p ort from Ch in a. Th e in d ice s for th e im p ort, IIP (2 6 8 ite m s ) an d in d u s try s u b grou p s h a v e b ee n con s tru cte d . Th e exp ort in d ex (u s ed s a m e m e th od ology a n d con cord an ce) is ta k en from a n e arlie r S tu d y b y S in gh i, M.C. 2 0 1 1 . Th e In d ex of In d u s tria l Prod u ction (IIP) for 2 6 8 ite m s , In d ex for Im p ort from all countries (Im p ort In d e x from n ow ) an d In d ex for Exp ort h a s grow n re s p ectiv ely b y 107.8 %, 1 7 7 3 .1 %, an d 1 4 3 .4 % in 2 0 1 0 -1 1 over th e b a s e of 2 0 0 4 -0 5 . Th e Ch in e s e im p ort in d ex (Ch in e s e in d ex from n ow ) for s am e ite m s h a s grow n b y 4 6 1 8 .4 % in 2 0 1 0 -1 1 ove r th e b a s e 2 0 0 5 -0 6 , w h ich is m u ch h igh e r th a n th e im p ort in d ex. Th e s h are of th e im p orts of 2 6 8 ite m s from Ch in a in tota l im p orts from Ch in a to In d ia h a s ju m p ed to 4 1 .3 % in 2010-11 from 26.3% in 2005-06. Th ere are en ou gh ev id en ce to s u s p ect th a t im p ort to In d ia from cou n trie s oth e r th an Ch in a are n ow in cre a s in gly b een rep la ced b y ch e a p Ch in e s e im p ort. Th erefore th e im p ort to In d ia is p rogre s s iv e ly con cen tra tin g w ith Ch in a. B road ly th e B a s ic Good s an d th e In te rm e d ia te Good s s ectors s eem to b e n ega tiv e ly affecte d from th e ch e a p Ch in e s e im p ort. How e ve r, acros s industry sub-grou p th e re are n u m b er of p rod u cts h av in g n ega tiv e ly im p acte d b y Ch in e s e import. Th e large im p ort from Ch in a a re n otice d in in d u s try s u b -grou p of rad io, te lev is ion a n d com m u n ica tion equ ip m e n t , follow e d b y Mach in ery an d equ ip m e n t , office a ccou n tin g a n d com p u tin g m ach in ery , oth e r tra n s p ort equ ip m e n t , electrical m ach in e ry a n d ap p a ra tu s , B a s ic Me tals , Fab rica te d m e ta l p rod u cts , excep t m ach in ery , Ch e m ical a n d ch e m ica l p rod u cts , m otor ve h icle s , tra ilers an d s e m i-tra ilers , an d ru b b e r a n d p la s tic p rod u cts . *** Pa g e | 4 Impact of the Surge in Chinese import on Indian Manufacturing INTRODUCTION Th e t r en d in im p or t s t o In d ia s h ows a s u r ge in ch ea p Ch in es e im p or t s of m a n u fa ct u r in g good s t o In d ia , a ccu m u la t ion in In d ia s t r a d e d eficit wit h Ch in a a n d r is in g r equ es t for in t r od u cin g a n t i d u m p in g m ea s u r es a ga in s t Ch in es e im p or t s p oin t s t h e n eed t o ch eck t h e p r ofile of im p or t s fr om Ch in a a n d it s r ela t ion wit h ou r d om es t ic m a n u fa ct u r in g p r od u ct ion s t r u ct u r e. Th e m a jor question this research study attempt to address is: How trends in imports from China are associated with manufacturing production in India? Th e m a s s ive d iver s ified m a n u fa ct u r in g ca p a cit y cr ea t ion in Ch in a d u r in g r ecen t p a s t h a s r es u lt ed in d om es t ic m a r k et s u r p lu s es of m a n u fa ct u r ed p r od u ct s . Th e h u n t for n ew m a r k et s ou t s id e t o d u m p t h is glu t p r od u ct ion is well ca p t u r ed in t h e s t a t is t ics . Ch in a s s h a r e in wor ld exp or t s b et ween 2 0 0 0 a n d 2 0 1 0 increas ed b y 6 .5 p er cen t a ge p oin t s com p a r ed t o In d ia n just 0.8 p er cen t a ge p oin t s . Ar ou n d h a lf of t h is t ot a l in cr ea s e in th e Ch in a s share is with em er gin g a n d d evelop in g cou n t r ies wh ile for In d ia it is on ly 6 p er cen t of the t ot a l in cr ea s e (E con om ic S u r vey, 2 0 1 1 -1 2 ). Th e ea s y t a r get for Ch in es e exp or t s is it s p r oxim it y t o In d ia wh er e m a n u fa ct u r in g s ect or is s t r u gglin g t o im p r ove it s r ela t ive s t r en gt h in t h e econ om y (m a n u fa ct u r in g s h a r e in GDP is s t a gn a n t ) a n d exp or t of m a n u fa ct u r in g good s is la d en on t h e s m a ll s ca le s ect or or based on the use of imported raw materials. A rising input requirements for in d u s t r y a n d m a n u fa ct u r in g good s d em a n d in In d ia is r eflect ed in in cr ea s e in the Non-POL non-bullion imports i.e. by 29.3 per cent in 2010-11. China h a s b ecom e t h e la r ges t s ou r ce of In d ia n im p or t s wit h a n 1 1 .7 p er cen t s h a r e in it s t ot a l im p or t s . In d ia s low exp or t / im p or t r a t io (0 .4 5 in 2 0 1 0 1 1 ) wit h Ch in a is r es u lt in g in h u ge t r a d e d eficit . Tr a d e d eficit of In d ia wit h China have in cr ea s ed fr om US $ 1 9 .2 b illion in 2 0 0 9 -1 0 t o US $ 2 3 .9 b illion in 2010-11 indicating the surge in imports from China. Ch ea p Ch in es e im p or t s h a ve a ls o s u r ged in Afr ica , US a n d La t in Am er ica n Cou n t r ies . Ch in a b eca m e b igges t t r a d in g p a r t n er of S ou t h Afr ica in a s h or t s p a n of t im e. Th e Ch in es e exp or t s t o S ou t h Afr ica es p ecia lly in textile sector, a r e b u llyin g loca l in d u s t r ies in S ou t h Afr ica . In Br a zil in d u s t r ia l ou t p u t Pa g e | 5 is a ls o get t in g a d ver s ely im p a ct ed fr om im p or t s fr om Ch in a b es id es d u e t o the sluggish global economy. In t h is b a ck d r op t h e m os t ob viou s qu es t ion s lik ely t o b e r a is ed a r e: why i s t h e r e a s u r g e in e x p o r t fr o m Ch i n a t o In d i a i n r e c e n t y e a r ? W h ether Ch i n a s m a n u fa c t u r i n g i s acquiring c o m p e t i t i ve ness o ve r t h e t i m e compared to India? The outward oriented growth in Chinese economy may be t h e r ea s on t o b oos t t h e exp or t a n d th er efor e s u r ge of im p or t s t o In d ia . Or W h e t h e r In d i a n manufacturing i s l o s i n g i t s c o m p e t i t i ve n e s s a g a i n s t China? On e m a y s u s p ect a b ou t los s of com p et it iven es s of Indian Manufacturing in past few years, primarily due to fast rising cost of production, and infrastructure bottlenecks. Or Is t h e r e a n y u n fa i r p l a y b y t h e Ch i n a t o d u m p t h e g l u t i n In d i a ? Th e u n fa ir p r a ct ices s u ch a s d u m p in g of s u b s t a n d a r d glu t p r od u ct ion in to India from China also seems to partially responsible for surge in import. In d ia s anti-dumping in it ia t ion s in cr ea s ed t o 5 5 in 2 0 0 8 , fell t o 3 1 in 2 0 0 9 , b u t a ga in in cr ea s ed t o 4 1 in 2 0 1 0 . The main cou n t r ies in volved in t h es e in ves t iga t ion s a r e Kor ea RP, Ch in es e, Ta ip ei (Taiwan), etc.. Or Are i m p o r t fr o m o t h e r t h a n Ch i n a t o In d i a i s g e t t i n g r e p l a c e d b y Ch i n e s e i m p o r t ? It m a y b e p os s ib le t h a t t h e im p or t fr om cou n t r ies ot h er t h a n Ch in a t o In d ia is in cr ea s in g b ein g replaced by cheap Chinese import. Th e los s of com p et it iven es s b y t h e In d ia n in d u s t r y a n d t h e u n fa ir p la y, if any, are the most important questions to be answered first. If the answer is yes for on e or b ot h , t h en cer t a in ly it wou ld ca r r y t h e p ot en t ia l t o ca u s e in ju r y t o t h e In d ia n m a n u fa ct u r in g in s h or t a n d lon g r u n . Th is s t u d y is a p r elim in a r y investigation to look into the questions. OBJECTIVES OF THE STUDY: (i). To id en t ify t h e in d u s t r y s u b -group, a n d p r od u ct s wh er e t h e im p or t , especially form Chinese, is impacting t h e d om es t ic manufacturing production; (ii). To id en t ify t h e in d u s t r y s u b gr ou p , a n d p r od u ct s wh er e t h e im p or t fr om China is replacing the import to India from countries other than China; DATA SOURCES & METHODOLOGY Pa g e | 6 The data of industrial production for 268 items is sourced from the Office of t h e E con om ic Ad vis er , Dep a r t m en t of In d u s t r ia l Pr od u ct ion & Policy (DIPP), Min is t r y of Com m er ce & In d u s t r y. Th e d a t a on exp or t s a n d im p or t s is t a k en from the Department of Commerce, Ministry of Commerce & Industry. The data on im p or t , exp or t a n d d om es t ic p r od u ct ion for 2 6 8 it em s is synchronized b y a con cor d a n ce b et ween t h e ITC (HS ) cod e and NIC Cla s s ifica t ion of in d u s t r ia l Pr od u ct ion a t 5 Digit level. E a ch HS cod e it em for im p or t is regrouped against it s r es p ect ive d om es t ic in d u s t r ia l p r od u ct ion a t NIC-5 d igit cod e. Th e im p or t fr om Ch in a for t h e 2 6 8 it em s h a s a ls o b een h a r m on ized in t o t h e NIC cla s s ifica t ion a t 5 d igit level. The s t u d y cover s a period of s even yea r s 2 0 0 4 -05 to 2010-11. E ven a ft er con cor d a n ce, t h e figu r e for im p or t , exp or t a n d d om es t ic industrial production may not directly be comparable. The domestic production figures for the 268 items are reported in different units e.g. tones, rupee crores, m et er s et c., a n d m a y n ot b e d ir ect ly com p a r a b le wit h on e a n ot h er a n d wit h im p or t figu r es . Th e im p or t figu r es h owever , a r e a va ila b le u n ifor m ly in va lu e t er m s a n d t h er efor e ca r r y effect of t h e in fla t ion , wh ich m a y b e a b s en t fr om m a n y of t h e d om es t ic p r od u ct ion figu r es r ep or t ed in t er m s of p h ys ica l ou t p u t . Th er efor e t h e in d ices a r e con s t r u ct ed for t h e d om es t ic p r od u ct ion a n d im p or t to make these comparable. Th e in d ex of t h e im p or t is d efla t ed wit h t h e a p p r op r ia t e p r ice in d ex con s t r u ct ed fr om th e Wh oles a le Pr ice In d ex (WPI) t o elim in a t e t h e in fla t ion effect on im p or t . S im ila r ly, for t h e it em s wh er e d om es t ic p r od u ct ion is r ep or t ed in va lu e t er m s , t h e s a m e is d efla t ed wit h a p p r op r ia t e p r ice in d ices . Th e u s eb a s ed in d ices a r e d efla t ed wit h t h e over a ll WPI in d ex for t h e 2 6 8 it em s . Th e fin a l in d ices for exp or t for 2 0 0 4 -1 1 a r e t a k en fr om a n ea r lier Res ea r ch S t u d y b y Mr . M.C. S in gh i, S r . E con om ic Ad vis er , 2 0 1 1 , for Office of t h e E con om ic Adviser. Th es e 2 6 8 it em s a ccou n t for 6 0 .4 % weigh t in t h e m a n u fa ct u r in g s ect or a n d 4 5 .6 % weigh t in t h e over a ll In d ex of In d u s t r ia l Pr od u ct ion (IIP). Th e cover a ge of DIPP a t b r oa d gr ou p s of m a n u fa ct u r in g va r ies fr om a low of 1 .1 % for manufacture of cok e, r efin ed p et r oleu m p r od u ct s a n d n u clea r fu el t o 100% in 15 groups (Singhi, M.C. 2011). LIMITATIONS OF THE STUDY: Th e s t u d y cover s on ly 4 5 .6 % of t h e weigh t s of IIP, 2 6 8 DIPP it em s , for wh ich t h e p r od u ct ion d a t a is a va ila b le wit h th e Dep a r t m en t of In d u s t r ia l Pa g e | 7 Pr od u ct ion & Pr om ot ion (DIPP). Th er efor e a ll t h e lim it a t ion s of IIP a r e in h er en t in the analysis. RESULTS AND DISCUSSION Index of Industrial Production (IIP) for 268 Items The 268 items accounted for 23 % of the total Import to India in 2010-11 a n d 4 5 .6 % of t h e In d ex of In d u s t r ia l Pr od u ct ion . Th e in d ices of IIP (268 it em s ), Im p or t a n d E xp or t respectively h a ve gr own t o 2 0 7 .8 , 1 8 7 3 .1 , a n d 2 4 3 .4 in 2 0 1 0 -11 over t h e b a s e of 2 0 0 4 -05 (Table-1). Th e im p or t h a s b een gr owin g consistently above the growth of IIP and the Export. In 2010-11 there is a surge in t h e im p or t gr owt h . Th e con s is t en t a n d r ela t ively h igh im p or t gr owt h h a s led t o in cr ea s e in t h e s h a r e of 2 6 8 it em s im p or t in t ot a l im p or t t o 2 7 % in 2 0 0 8 -09 and 23% in 2010-11 (Table- 29 in Annexure). Table 1. Index of Industrial Production (IIP) (268 items), Import and Export Indices and Growth Year IIP Index IMP Index Export Index* Growth 2004-05 100 100 100 IIP Import E xport 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 114.7 132.1 176.5 178.7 187.0 207.8 199.2 235.6 319.7 432.4 607.4 1873.1 116.5 138.2 144.8 205.2 179.3 243.4 14.7 15.2 33.6 1.2 4.6 11.1 99.2 18.2 35.7 35.3 40.5 208.4 16.5 18.6 4.8 41.7 -12.6 35.8 Index of Chinese Imports 100.0 2330.0 1560.4 3033.3 1235.4 4718.4 Share of 268 items in total imports from China 26.3 25.5 33.9 39.7 42.9 41.3 * Export Index is taken from the Research Study by Mr. M.C. Singhi, Sr. Economic Adviser, 2011, for Office of the Economic Adviser. Pa g e | 8 Th e in d ex of im p or t fr om Ch in a (Ch in es e In d ex fr om n ow) for 2 6 8 it em s h a s gr own even fa s t er t o 4 7 1 8 .4 in 2 0 1 0 -1 1 over t h e b a s e of 2 0 0 5 -06, com p a r ed t o in d ex of im p or t fr om a ll cou n t r ies (Im p or t In d ex fr om n ow). Th is m a m m ot h gr owt h in Ch in es e In d ex fr om p a s t s ix yea r s h a s b een con s id er a b ly h igh er t h a n t h e Im p or t In d ex. Th er efor e, t h e Ch in es e im p or t s h a r e of t h es e it em s in t ot a l Ch in es e im p or t s is ju m p ed t o 4 1 .3 % in 2 0 1 0 -1 1 fr om 2 6 .3 % in 2005-0 6 . Th is in d ica t es t h a t In d ia is p r ogr es s ively s ou r cin g im p or t s of t h es e it em s fr om Ch in a t h er efor e t h e im p or t fr om cou n t r ies ot h er t h a n Ch in a a r e now increasingly being replaced by Chinese imports in these selected items. USE BASED CLASSIFICATION As p er t h e Use-based cla s s ifica t ion of IIP (2 6 8 it em s ), t h e im p or t s h a r e of t h e Ca p it a l Good s is la r ges t (8 .8 % in 2 0 1 0 -1 1 ), followed b y Con s u m er Good s (6 .5 % a n d in t er m ed ia t e good s (4 .7 %), a n d Ba s ic Good s (2 .9 %) (Table 2 9 . in Annexure). Basic Goods Th e va lu e of t h e IIP of Ba s ic Good s h a s gr own t o 1 6 8 .4 in 2 0 1 0 -11 over the base 2004-05 (Table 2). Comparatively the Import Index has grown to 534.6 d u r in g s a m e p er iod . Th e Ch in es e In d ex h owever , h a s gr own even fa s t er to 4 3 0 7 .4 in 2 0 1 0 -11 over t h e b a s e of 2 0 0 5 -06 t h a n Im p or t In d ex a n d IIP. Th e s h a r e of t h e Ba s ic good s it em s in t h e t ot a l Ch in es e im p or t , h owever r em a in a lm os t s t a gn a n t . Ma jor Ba s ic Good s , in t er m s of va lu e, im p or t ed fr om Ch in a are Alu m in u m , Cop p er a n d Cop p er Pr od u ct s , Alu m in u m S h eet s / Pla t es , Aluminum Foils, Carbon Black, Wires (Copper), and Cement All Kinds. The Ch in a s s h a r e in t ot a l im p or t t o In d ia for the C.I. Ca s t in gs , Alu m in iu m Foils , Alu m in iu m wir es & ext r u s ion s , Alu m in iu m s heets/Plates, An ilin e, Ca r b on Bla ck , Cem en t All Kin d s , Alu m in iu m , S u lp h u r ic Acid In cl. Oleum, Copper and Copper Products etc increased considerably in 2006-09 but moderated thereafter. The period, 2006-09, is of high industrial growth in India wh ich m igh t s u b s t a n t ia t e t h a t t h e h igh d om es t ic in d u s t r ia l gr owt h is increasingly fueled by larger import of basic goods from China. Table 2. Basic Goods Year 2004-05 IIP Index IMP Index 100 100 Growth IMP Growth Chinese Import Index Share Pa g e | 9 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 113.6 122.6 140.3 147.1 161.0 168.4 158.0 279.5 395.8 697.3 499.9 534.6 13.6 7.9 14.4 4.9 9.5 4.6 58.0 76.9 41.6 76.2 -28.3 6.9 100.0 2060.2 3515.4 2302.7 3204.0 4307.4 1.5 1.7 2.0 1.8 1.5 1.6 Capital Goods Th e in d ex of ca p it a l good s in d u s t r y h a s gr own to 1 3 8 .6 in 2 0 1 0 -11 over t h e b a s e of 2 0 0 4 -0 5 com p a r ed t o Im p or t in d ex 5 6 5 .5 d u r in g t h e s a m e p er iod (Ta ble 3 ). Th e d om es t ic p r od u ct ion of t h e ca p it a l good s d eclin ed in d u r in g t h e 2008-09, the crisis time, however, the imports growth jumped to 43.4%. Later, t h e gr owt h of t h e im p or t h owever h a s d eclin ed t o zer o in r ecen t yea r , wh er eb y t h e Ch in es e In d ex h a s ju m p ed con s id er a b ly over t h e b a s e of 2 0 0 5 -0 6 t o 10793.1 in 2010-11. Th e h igh gr owt h in Ch in es e In d ex over Im p or t In d ex s ign a ls t h a t t h e In d ia n im p or t of Ca p it a l Good s a r e r eloca t in g it s elf fr om r es t of th e wor ld t o China, es p ecia lly for t h e it em s s u ch a s H.T. Insulators, Boilers, Footwear excep t lea t h er , Refr a ct or y Br ick s , Computers, Hea t E xch a n ger s , Grinding Wheels, Pa ck a gin g Ma ch in er y, Air Con d it ion er (Pa ck a ged ), Chillers, Electric Welding Machines, Fibre Optic Cable, Electric Motors Phase-I, Cooling Towers, Printers, Com p u t er Per ip h er a ls , Cranes, Tu r b in es & Acces s or ies , Lift s / E leva t or s & Com p on en t s t h er eof, Ma gn es it e, Dea d Bu r n t , Cylinders, Pr in t in g Ma ch in er y, S h ip Bu ild in g & Rep a ir s , In s u la t ed Ca b les / Wir es a ll Kin d , S ola r Power S ys t em s , Air & Ga s Com p r es s or s , Text ile Ma ch in er y, Industrial Chains, Agr icu lt u r a l Ma ch in er y, UPS/Inverter/Converter, Construction Machine/Equipment, In d u s t r ia l Blower s , Forklift, Tr a n s for m er s (S m all), Loaders, DC Mot or s , Air Br ea k S wit ch es / Cir cu it , Breakers, An d Generator/Alternator. Table 3. Capital Goods Years IIP IMP Index 2004-05 100 100 2005-06 108.2 332.8 8.2 2006-07 119.8 276.5 2007-08 127.9 2008-09 2009-10 Growth IIP Growth of IMP Chinese Imports Index Share 232.8 100.0 15.8 10.7 -16.9 4396.4 12.8 354.2 6.8 28.1 1829.7 15.2 127.7 507.8 -0.1 43.4 6091.5 14.3 131.2 565.3 2.7 11.3 1090.1 16.3 P a g e | 10 2010-11 138.6 565.5 5.6 0.0 10793.1 15.8 Ma in ca p it a l good s it em s im p or t ed fr om Ch in a , in t er m s of va lu e, includes S h ip Bu ild in g & Rep a ir s , Com p u t er s , Text ile Ma ch in er y, Air Con d it ion er (Pa ck a ged ), Pr in t in g Ma ch in er y, Com p u t er Per ip h er a ls , Boiler s , In s u la t ed Ca b les / Wir es a ll Kin d , Ma ch in e Tools , Con s t r u ct ion Machine/Equipmen, S t a b ilis er s , Tu r b in es & Acces s or ies , Refr a ct or y Br ick s , Air & Ga s Com p r es s or s , E lect r ic Mot or s Ph a s e-I, Lift s / E leva t or s & Com p on en t s t h er eof, Pu m p s (in clu d in g p ower d r iven p u m p s ), Med ica l a n d S u r gica l E qu ip m en t (excep t x-r a y), S ola r Power S ys t em s , E n gin es In cl. In t er n a l Com b u s t ion a n d Dies el, E n gin e, Agr icu lt u r a l Ma ch in er y, Transformers (Small), Gen er a t or / Alt er n a t or , UPS / In ver t er / Con ver t er , Pla s t ic Ma ch in er y In cl. Mou ld in g Ma ch in er y, Cr a n es , Air Br ea k S wit ch es / Cir cu it Br ea k er s , Ch iller s , DC Motors, and Electric Motors(Excl. Phase-I). Intermediate Goods Th e va lu e of IIP for in t er m ed ia t e good s h a ve in cr ea s ed t o 3 0 3 .0 in 2 0 1 0 1 1 a t t h e b a s e of 2 0 0 4 -0 5 , com p a r ed t o t h e im p or t in d ex va lu e of 7 8 1 .5 d u r in g t h e s a m e p er iod (Ta ble 4 ). Th e im p or t of in t er m ed ia t e good s h a ve gr own fa s t er t h a n t h e d om es t ic p r od u ct ion , a n d t h e im p or t s of in t er m ed ia t e good s fr om China have grown even faster than the Import Index. The import it em s wh er e t h e Ch in a is get ting its h old a r e Parts Bicycle, Au t o An cilla r y & Pa r t s , S od iu m Hyd r os u lp h a t e/ S od iu m , Hyd r os u lp h it e, Glass Sheet, Tou gh en ed Gla s s , Fib r e Gla s s , Dyes, Magnets, Plywood, Tin Con t a in er s , Weld in g Rod s , Wh it en in g Agen t s , Power Ca p a cit or s , Graphite Electrodes/Anodes, S t r a w An d Pa p er Boa r d s of All Kin d s , Pla s t ic Film E xcl. Bop p Film , S t eel S t r u ct u r es , Wood Ven eer , Alu m in iu m Tu b es / Pip es , Glass Bottles, Bea r in gs (Ba ll/ Roller ), HDPE Woven S a ck s , Ru b b er Ch em ica l, Plastic Sheets, Adhesives, Colou r TV Pict u r e Tu b es , Len s of All Kin d s , a n d IC Ch ip s & Transistors. Years 2004-05 2005-06 2006-07 IIP Index 100 Table 4. Intermediate Goods IMP Index Growth 100 IIP IMPORT Chinese Import Index Share 116.5 149.0 16.5 49.0 100.0 4.7 140.6 218.9 20.7 46.9 2234.0 5.7 P a g e | 11 2007-08 2008-09 2009-10 2010-11 265.0 267.0 88.5 22.0 954.8 6.3 281.1 337.2 6.1 26.3 1619.8 5.7 274.0 498.6 -2.5 47.8 1281.7 5.4 303.0 781.5 10.6 56.8 899.3 5.2 Th e m a jor im p or t s fr om Ch in a , in t er m s of va lu e, a r e Au t o An cilla r y & Pa r t s , IC Ch ip s & Tr a n s is t or s , Bea r in gs (Ba ll/ Roller ), Pa r t s Bicycle, S t eel S t r u ct u r es , S t r a w An d Pa p er Boa r d s of All Kin d s , Dyes , Power Ca p a cit or s , Gr a p h it e E lect r od es / An od es , Pr in t ed Cir cu it Boa r d / Pla t e, Fib r e Gla s s , Ma gn et s , Colou r TV Pict u r e Tu b es , S yn t h et ic Ru b b er , Ru b b er Ch em ica l, Weld in g Rod s , Plywood , Ad h es ives , Gea r Boxes , Tou gh en ed Gla s s , PVC Res in s , Newsprint, Plastic Sheets, Plastic Film Excl. Bopp Film, and Printing Ink. Consumer Goods Th e va lu e of t h e In d ex of Con s u m er Good s h a s gr own t o 2 0 5 .9 in 2 0 1 0 11 over t h e b a s e of 2 0 0 4 -05 (Tab le 5 ). However , Im p or t In d ex h a s gr own r ela t ively m u ch fa s t er t o 3 5 5 1 .7 d u r in g s a m e s even yea r s . Th e gr owt h of t h e Im p or t In d ex h a s b een fa s t er t h a n t h e d om es t ic p r od u ct ion of t h e con s u m er good s . Th e va lu e of t h e Ch in es e In d ex h a s b een con s id er a b ly h igh er t h a n IIP a n d Im p or t In d ex. Th e s h a r e of t h e Ch in es e im p or t s h a s a ls o ju m p ed t o 1 8 .8 % in 2 0 1 0 -1 1 com p a r ed t o ju s t 4 .3 % in 2005-0 6 . Th e im p or t s of Con s u m er Du r a b les Good s is gr owin g a t m u ch fa s t er r a t e t h a n even t h e ot h er u s e b a s ed in d u s t r ies a n d t h er efor e p u s h in g t h e s h a r e of Con s u m er Good s in t ot a l im p or t from China. Th e it em s wh er e t h e Ch in a s s h a r e in t ot a l im p or t s of t h e r es p ect ive it em s is r is in g a r e Bicycles, PVC/ Pla s t ic S u it ca s es , Ter r y Towel, Calculators, Glucose( powder & liquid), Ru b b er Fla p s , Flu or es cen t Tu b es , Lea t h er S h oes , Fans, Ba t t er y Ch a r ger , Tyr e, Tr u ck / Bu s , Mixer s & Gr in d er s , Tube, Cycle/Rickshaw, Tyr e, Cycle/ Rick s h a w, Tu b e, Tr u ck , Telep h on e In s t r u m en t s Including, Mob ile Ph on e An d Acces s or ies , Wood Fu r n it u r e, Air Con d it ion er (Room), Vitamins, Por cela in An d Cer a m ic S a n it a r y, Wa r es , Amplifier, Leather Ba gs , Wa llet s , Pu r s es , Tyr e, Mot or Cycle , Pr es s u r e Cook er , Mot or Cycles , Lea t h er Ga r m en t s , Toot h Br u s h , Wa s h in g Ma ch in es , Apparels, Incandescent Lamp, S p or t s Good s , Ru b b er , Ra zor Bla d es / S a fet y Bla d es , Pen s of All Kin d , Gla zed Tiles / Cer a m ic Tiles , Tyr e, Ca r / Ca b , Polyt h en e Ba gs In cl. Hd p e & Ldpe, Ba gs , S coot er a n d Mop ed s , S qu a s h es , J a m s , J ellies , Ket ch u p s ,E t c., P a g e | 12 Ca t t le a n d Pou lt r y Feed , Refrigerators, Ma r b le Tiles / S la b s , Cock (Fa u cet s ), Syringes, Com p u t er S t a t ion er y, Lea t h er Gloves , Condoms, Cigarettes, Fruit Juices, PVC Pip es a n d Tu b es , E lect r ic m et er of a ll k in d s , Wa t er m et er of a ll kinds, Clock / Wa t ch / Tim ep iece Movem en t , Food Pr oces s in g Ma ch in er y, Antibiotics & It's Preparations, Elastic Tape, And Toilet Soap. Ma jor con s u m er d u r a b le it em s , im p or t ed fr om Ch in a , in t er m s of va lu e, are Telep h on e In s t r u m en t s In clu d in g Mob ile Ph on e a n d Acces s or ies , Air Con d it ion er (Room ), Tyr e, Tr u ck / Bu s , Wood Fu r n it u r e, Wa s h in g Ma ch in es , Cock (Fa u cet s ), Fa n s , Pvc/ Pla s t ic S u it ca s es , Tyr e, Ca r / Ca b , Bicycles , Ca lcu la t or s , Por cela in An d Cer a m ic S a n it a r y, Wa r es , Clock / Wa t ch / Tim ep iece Movement, Battery Charger, Refrigerators, Watches, Amplifier, Books, and Tyr e, Mot or Cycle . Table 5. Consumer Goods IIP 100 117.9 137.2 164.7 159.5 178.4 205.9 Years 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 IMP Index 100 151.0 209.1 308.9 377.0 713.9 3551.7 Growth IIP 17.9 16.3 20.1 -3.2 11.9 15.4 IMP 51.0 38.5 47.7 22.0 89.4 397.5 Chinese Import Index Share 100.0 4.3 907.2 5.3 1362.6 10.4 1732.0 18.0 945.7 19.7 2503.1 18.8 Table 6. Correlation Coefficients of the Growth Rates Capital Goods Basic Goods Intermediate Goods Consumer Goods Over All Import Index 0.148 -0.230 -0.624 0.194 -0.094 Chinese Index 0.760 -0.012 -0.088 0.314 -0.229 The correlation coefficient (see Table 6) is used as to identify the direction of t h e co-m ovem en t in t h e gr owt h r a t es of t h e d om es t ic p r od u ct ion a n d t h e im p or t s . Th e p os it ive s ign of t h e coefficien t in d ica t es t h a t t h e im p or t gr owt h a n d d om es t ic p r od u ct ion gr owt h is m ovin g t oget h er in t h e s a m e d ir ect ion . On e ca n in fer fr om t h e s a m e d ir ect ion a l co-m ovem en t of t h e gr owt h r a t es t h a t t h e d om es t ic p r od u ct ion a n d t h e im p or t s eem t o b e com p lem en t a r y, a n d n ot s u b s t it u t e. Rega r d in g t h e ca p it a l good s a n d t h e Con s u m er good s t h e cor r ela t ion is p os it ive b et ween im p or t in d ices a n d t h e d om es t ic p r od u ct ion in d ices . However , t h e cor r ela t ion r ega r d in g over a ll IIP, b a s ic Good s a n d P a g e | 13 in t er m ed ia t e Good s is n ega t ive, s h owin g t h a t t h e gr owt h of t h e d om es t ic p r od u ct ion is m ovin g in op p os it e d ir ect ion t o t h e im p or t gr owt h . S in ce t h e Ch in es e In d ex is h igh er t h a n t h e IIP, t h e n ega t ive cor r ela t ion coefficien t s h ows t h a t t h e im p or t in Ba s ic Good s a n d In t er m ed ia t e Good s a r e n ega t ively im p a ct in g t h e d om es t ic m a n u fa ct u r in g p r od u ct ion in t h es e gr ou p s . Th e m a n u fa ct u r in g gr owt h r a t e a ls o s eem s t o b e a d ver s ely a ffect ed d u e t o a d ver s e impact of the growth Basic and Intermediate goods. INDUSTRY SUB-GROUPS Manufacture of food products and Beverages Th e IIP value of food Pr od u ct s & Bever a ges h a s gr own t o 1 6 7 .7 in 2 0 1 0 11 over th e b a s e of 2 0 0 4 -0 5 com p a r ed t o Im p or t In d ex to 9 6 3 5 .7 a n d exp or t in d ex 1 4 8 .3 d u r in g t h e s a m e p eriod (Ta b le 7 ). Th e va lu e of t h e Ch in es e In d ex h a s b een s ign ifica n t ly gr own t o 1 2 7 9 1 .3 in 2 0 1 0 -11 over 2005-0 6 b a s e, com p a r ed t o IIP a n d t h e Im p or t In d ex. Th is in d ica t es t h a t t h e im p or t fr om Ch in a in t h is s u b gr ou p of in d u s t r y h a s in cr ea s ed t r em en d ou s ly in p a s t s even yea r s . Th e it em s m a in ly s ou r ced fr om Ch in a , in t er m s of s h a r e in t ot a l im p or t s of t h e it em in In d ia , a r e Glucose (powder & liqu id ), S qu a s h es , J a m s , J ellies , Ketchups, etc., Cattle and Poultry Feed, a nd Fruit Juices. Top five it em s im p or t ed fr om Ch in a , in t er m s of t h eir va lu e, a r e Industrial Alcoh ol(Rect ified / Den a t u r ed S p ir it ), Ca t t le a n d Pou lt r y Feed , Glu cos e(p owd er &liqu id ), Fr u it J u ices , In d ia n m a d e For eign Liqu or , S qu a s h es , Jams, Jellies, Ketchups,Etc.. Table 7. Manufacture of food products and Beverages Years IIP Index IMP Index EXP Index 2004-05 100 100 100 2005-06 113.6 151.6 109.5 13.6 51.6 9.5 100.0 2006-07 126.2 190.4 111.3 11.1 25.6 1.6 5713.1 5613.1 0.45 2007-08 144.9 364.9 148.3 14.8 91.6 33.2 7693.2 34.7 0.25 2008-09 149.6 360.8 148.9 3.3 -1.1 0.4 5191.8 -32.5 0.18 2009-10 159.2 1468.8 129.0 6.4 307.1 -13.4 3444.8 -33.6 0.20 2010-11 167.7 9635.7 148.3 5.3 556.0 15.0 12791.3 271.3 0.22 Manufacture of Tobacco Products IIP Gr. IMP Gr. EX G Chinese Imports Index Growth Share 0.31 P a g e | 14 Th e IIP of Tob a cco in cr ea s ed t o ju s t five p er cen t in 2 0 1 0 -1 1 com p a r ed t o 2004-0 5 , wh ile exp or t h a s gr own b y fift y five p er cen t a n d im p or t b y m or e t h a n fou r t im es in p a s t s even yea r s (Tab le. 8 ). Th e im p or t of Tob a cco fr om Ch in a is on a decline during past six years. Cigarette is the main item in this category of import from China. Table. 8 Manufacture of Tobacco Products Years 2004-05 IIP Index 100 IMP Index 100 EX Index 100 IIP Gr. IMP Gr. EX G Chinese Imports Index Growth Share 2005-06 2006-07 104.8 107.7 48.8 67.7 97.3 114.7 4.8 2.7 -51.2 38.7 -2.7 17.9 100.0 0.5 -99.5 0.01 0.00 2007-08 98.8 84.7 118.0 -8.2 25.0 2.9 29.6 5713.0 0.00 2008-09 2009-10 2010-11 103.9 104.2 105.5 353.4 483.8 427.2 140.8 140.5 155.7 5.2 0.2 1.3 317.3 36.9 -11.7 19.3 -0.2 10.8 38.9 32.7 96.8 31.6 -16.0 196.0 0.00 0.00 0.00 Manufacture of Textiles Th e Text ile is exp or t or ien t a t ed in d u s t r y. Th e va lu e of IIP for t ext iles h a s grown almost equal to the E xport Index in 2010-11 over the base of 2004-05 to 155 (Table 9). However, the Import Index surged during the crises year of 200809, t o 2 4 8 , a lt h ou gh it h a s d eclin ed t h er ea ft er t o 1 4 9 .3 . Th e Ch in es e In d ex a ls o ju m p ed t o 9 6 0 8 .1 in 2 0 0 8 -0 9 a lon g wit h t h e s h a r e of in d u s t r y in t ot a l im p or t s fr om Ch in a t o 0 .0 3 %. However , t h e im p or t fr om Ch in a h a s d eclin ed fr om 2 0 0 9 -1 0 on wa r d s . Ma in im p or t it em s , in t er m s of va lu e, fr om Ch in a a r e Terry Towel and Elastic Tapes. Table 9. Manufacture of Textiles Years IIP Index IMP Index EX Index 2004-05 100 100 100 2005-06 118.4 131.9 162.6 18.4 31.9 62.6 100.0 2006-07 127.7 68.8 161.8 7.8 -47.8 -0.5 259.6 159.6 0.00 2007-08 133.7 137.5 167.7 4.7 99.7 3.7 915.6 252.7 0.01 2008-09 130.3 248.4 186.6 -2.6 80.6 11.3 9608.1 949.4 0.03 2009-10 145.3 137.6 180.6 11.5 -44.6 -3.2 357.9 -96.3 0.00 2010-11 155.5 149.3 154.1 7.0 8.5 -14.7 225.6 -37.0 0.00 IIP Gr. IMP Gr. EX G Chinese Imports Index Growth Share 0.01 Manufacture of wearing Apparel; Dressing and dyeing of fur Th e va lu e of t h e IIP for wea r in g Ap p a r el; Dr es s in g a n d d yein g et c. h a s in cr ea s ed t o 1 2 0 in 2 0 1 0 -1 1 over t h e b a s e of 2 0 0 4 -05 (Tab le 1 0 ). Th er e is a P a g e | 15 d eclin e in t h e p r od u ct ion s in ce 2 0 0 8 -0 9 in t h is s egm en t . Th is is m a in ly on accou n t of t h e d eclin e in t h e exp or t gr owt h in t h is s ect or d u r in g p a s t t h r ee yea r s excep t 2 0 0 9 -1 0 . At t h e s a m e t im e va lu e of t h e Im p or t In d ex h a s gr own to 489.8 over the base of 2004-05. The Chinese import are growing at much faster r a t e t h a n r es t of t h e cou n t r ies , Ch in es e In d ex in cr ea s ed t o 6 9 0 .3 in 2 0 1 0 -11 over the base of 2005-06. The declining domestic production may be the cause of t h e d eclin e in t h e exp or t . Bu t t h e s u r ge in im p or t fr om Ch in a is cer t a in ly a ca u s e of con cer n . Th e Ch in a s im p or t s h a r e in t ot a l im p or t of Ap p a r els a n d Lea t h er Ga r m en t s h a s ju m p ed t o 3 9 % a n d 4 3 in 2 0 1 0 -1 1 com p a r ed t o ju s t 1 7 % a n d 1 8 % r es p ect ively. Th is in d ica te s th a t th e Ch in ese im p ort h a s b ee n rep lacin g th e im p ort from oth er cou n trie s over th e tim e in th e s e s u b grou p com m od itie s . Table 10. Manufacture of wearing Apparel; Dressing and dyeing of fur Years IIP Gr. IMP Gr. EX G Chinese Imports IIP Index IMP Index EX Index 2004-05 100 100 100 2005-06 106.5 160.9 108.7 6.5 60.9 8.7 100.0 2006-07 117.6 195.4 103.1 10.4 21.5 -5.2 188.5 88.5 0.0 2007-08 129.7 317.5 101.9 10.3 62.5 -1.2 255.2 35.4 0.0 2008-09 121.5 414.1 141.4 -6.3 30.4 38.8 365.6 43.2 0.0 2009-10 119.6 307.2 129.9 -1.6 -25.8 -8.2 371.1 1.5 0.0 2010-11 120.2 489.8 108.2 0.5 59.5 -16.7 690.3 86.0 0.0 Index Growth Share 0.0 Tanning and Dressing of Leather Th e d om es t ic p r od u ct ion of lea t h er In d u s t r y is gr owin g a t a s low p a ce s in ce 2 0 0 4 -0 5 , a n d it h a s d eclin ed d u r in g 2 0 0 8 -10 (Tab le 1 1 ). Th e gr owt h of domestic production of this sector seems to be correlated to the export growth. Table 11. Tanning and Dressing of Leather Years IIP Index IMP Index EX Index IIP Gr. IMP Gr. EX G Chinese Imports 2004-05 100 100 100 2005-06 97.4 182.1 97.0 -2.6 82.1 -3.0 100.0 2006-07 115.7 246.4 103.3 18.9 35.3 6.5 345.1 245.1 0.2 2007-08 125.3 297.2 98.5 8.3 20.6 -4.6 415.2 20.3 0.1 2008-09 116.1 305.0 115.6 -7.4 2.6 17.4 405.2 -2.4 0.1 2009-10 112.2 714.0 105.6 -3.4 134.1 -8.7 214.6 -47.0 0.1 2010-11 126.4 472.4 112.7 12.7 -33.8 6.7 340.2 58.6 0.2 Index Growth Share 0.2 P a g e | 16 Com p a r ed t o d om es t ic p r od u ct ion t h e im p or t in t h is s ect or h a s b een gr owin g a t a r ela t ively h igh er r a t e excep t in r ecen t yea r . Th e im p or t fr om Ch in a h a s d eclin ed d u r in g 2 0 0 8 -1 0 followin g t h e d eclin e in t h e d om es t ic production. Ma in it em s of im p or t , in t er m s of va lu e, fr om Ch in a a r e Foot wea r excep t lea t h er , Lea t h er S h oes , Ta n n ed or Ch r om e S k in s a n d Lea t h er s , Lea t h er Ba gs , Wa llet s , Pu r s es , and Leather Gloves. Manufacture of wood and wood products Th e va lu e of t h e IIP for Wood s & Wood s p r od u ct s h a s in cr ea s ed t o 1 3 9 .6 in 2 0 1 0 -11 over t h e b a s e of 2 0 0 4 -0 5 com p a r ed t o shrinking E xport Index of ju s t 5 7 .7 d u r in g t h e s a m e p er iod (Tab le 1 2 ). Th e gr owt h of IIP has d eclin ed during past three years. The growth of the export is also declining continuously during p a s t fou r yea r s . Th e Import In d ex h owever , h a s r is en t o 4 8 6 .3 a n d its gr owt h h a s been ver y h igh a n d p os it ive in a ll s even yea r s excep t 2 0 0 9 -1 0 . Th e Ch in es e In d ex h a s b een even h igh er t h a n t h e Im p or t In d ex. Th e d om es t ic p r od u ct ion m igh t b e u n d er s t r es s d u e t o en vir on m en t a l r egu la t ion et c.. Main items of Import from China are Plywood, Wood Veneer and Particle Boards. Table 12. Manufacture of wood and wood products Years 2004-05 IIP Index 100 IMP Index 100 EX Index 100 IIP Gr. IMP Gr. EX G Chinese Imports Index Growth Share 2005-06 103.9 166.4 106.9 3.9 66.4 6.9 100.0 2006-07 117.0 215.9 129.6 12.6 29.7 21.3 215.2 115.2 0.1 2007-08 134.9 297.0 122.1 15.3 37.6 -5.8 229.4 6.6 0.1 2008-09 140.3 339.0 111.4 4.0 14.1 -8.7 211.3 -7.9 0.0 2009-10 142.6 350.3 78.8 1.6 3.3 -29.3 295.9 40.0 0.1 2010-11 139.6 486.3 57.7 -2.1 38.8 -26.8 614.5 107.7 0.1 0.1 Manufacture of paper and paper products The IIP for p a p er & p a p er p r od u ct s h a s gr own b y 3 6 % in 2 0 1 0 -11 com p a r ed t o 2 0 0 4 -05, and annual gr owt h of IIP h a s b een low es p ecia lly d u r in g 2007-0 9 a n d n ega t ive in 2 0 0 9 -10 (Tab le 1 3 ). S u r p r is in gly th e b eh a vior of t h e expor t gr owt h in t h is s ect or h a s b een qu it e con t r a s t in g t o t h e gr owt h of t h e d om es t ic p r od u ct ion . Th e Ch in es e im p or t s a r e con t r a ct in g d u r in g p a s t t wo years. Ma jor it em s of im p or t fr om Ch in a a r e S t r a w a n d Pa p er Boa r d s of All Kin d s , News p r in t , Wr it in g & Pr in t in g Pa p er , Cr a ft Pa p er (Kr a ft Pa p er ), Pu lp Rayon Grade, Computer Stationery. P a g e | 17 Table 13. Manufacture of paper and paper products Years IIP Index IMP Index EX Index IIP Gr. IMP Gr. EX G Chinese Imports 2004-05 100 100 100 2005-06 107.0 143.5 103.7 7.0 43.5 3.7 100.0 2006-07 116.4 208.1 119.0 8.8 45.1 14.7 2311.4 2211.4 0.8 2007-08 121.6 184.4 103.0 4.4 -11.4 -13.4 1998.0 -13.6 0.6 2008-09 124.5 237.6 120.6 2.4 28.8 17.1 3508.6 75.6 0.7 2009-10 124.2 365.3 139.6 -0.3 53.7 15.8 1477.5 -57.9 0.5 2010-11 136.0 160.3 104.1 9.5 -56.1 -25.4 844.8 -42.8 0.4 Index Growth Share 0.3 Publishing, printing and reproduction of recorded media The value of the IIP of this industry sub group has grown to 132 in 201011 at the base of 2004-05, and the growth has been quite low during past three con t in u ou s yea r s (Ta b le 1 4 ). Th e va lu e of t h e E xp or t In d ex in t h is s ect or h a s gr own t o 1 7 5 .4 in 2 0 1 0 -1 1 . Th er e is h owever , con t in u ou s d eclin e in t h e im p or t s in ce 2 0 0 4 -0 5 excep t 2 0 0 9 -1 0 in wh ich t h er e is a s u d d en r is e in im p or t . Th e gr owt h of im p or t fr om Ch in a h a s b een qu it e h igh excep t 2 0 0 9 -1 0 . Th e im p or t surge in 2 0 0 9 -1 0 s eem s t o b e fr om cou n t r ies ot h er t h a n Ch in a . Th e on ly it em imported from China under this category is Books. Table 14. Publishing, printing and reproduction of recorded media Years IIP Index IMP Index EX Index 2004-05 100 100 100 2005-06 112.4 71.1 118.5 12.4 -28.9 18.5 100.0 2006-07 119.4 82.9 140.1 6.2 16.6 18.3 187.9 87.9 0.0 2007-08 133.4 70.3 146.4 11.7 -15.3 4.5 259.4 38.1 0.0 2008-09 133.9 73.3 179.4 0.4 4.2 22.5 620.0 139.0 0.0 2009-10 129.3 2349.0 161.5 -3.4 3106.1 -10.0 346.0 -44.2 0.0 2010-11 132.4 175.4 2.4 -100.0 8.6 377.5 9.1 0.0 IIP Gr. IMP Gr. EX G Chinese Imports Index Growth Share 0.0 Manufacture of Coke, refined petroleum products and nuclear fuel Ca r b on Bla ck is t h e on ly p r od u ct con s id er ed for t h e a n a lys is u n d er t h is subgroup of in d u s t r y a n d wh ich is a p a r t of 2 6 8 DIPP it em s (Tab le 1 5 ). Th e d om es t ic p r od u ct ion of t h e p r od u ct h a s in cr ea s ed ju s t b y 1 5 % in la s t s even yea r s . However , t h e exp or t h a s in cr ea s ed b y 9 2 % a n d im p or t b y 7 4 % respectively in 2 0 1 0 -1 1 com p a r ed over 2 0 0 4 -0 5 . Th e m a s s ive im p or t fr om P a g e | 18 Ch in a s eem s t o p u t ch a llen ge b efor e t h e d om es t ic in d u s t r y. Bla ck Ca r b on m a r k et b ein g oligop olis t ic in In d ia s eem s t o b e fa cin g p r ob lem of d u m p in g of the cheap product from China. Table 15. Manufacture of Coke, refined petroleum products and nuclear fuel Years IIP Index IMP Index EX Index IIP Gr. IMP Gr. EX G Chinese Imports 2004-05 100 100 100 2005-06 102.8 85.8 77.9 2.8 -14.2 -22.1 100.0 2006-07 107.8 124.0 64.5 4.9 44.6 -17.2 605.5 505.5 0.0 2007-08 115.6 177.9 79.8 7.2 43.5 23.7 812.7 34.2 0.0 2008-09 107.3 197.6 88.1 -7.1 11.1 10.4 1210.6 49.0 0.0 2009-10 112.7 174.3 171.1 5.0 -11.8 94.2 1137.3 -6.1 0.1 2010-11 115.2 186.4 192.0 2.2 6.9 12.2 1103.6 -3.0 0.0 Index Growth Share 0.0 Manufacture of Chemical and chemical products The IIP in t h is s egm en t of in d u s t r y h a s gr own con s is t en t ly d u r in g p a s t s even yea r s . Th e va lu e of t h e IIP h a s gr own t o 1 4 2 .8 in 2 0 1 0 -1 1 com p a r ed t o 2004-05 (Table 16). During the same years the Export Index reached to highest 5 0 1 .8 in 2 0 0 8 -0 9 , b efor e it d eclin ed t o 4 5 6 .9 in 2 0 1 0 -1 1 . Th e Im p or t In d ex h owever , is gr owin g a t fa s t er r a t e a n d r ea ch ed 4 5 6 .9 levels in 2 0 1 0 -1 1 . Th e growth of the Chinese Index seems to be even faster than the Import Index. The m a jor it em s imported, in t er m s of va lu e, fr om Ch in a a r e Dyes , Vit a m in s , S yn t h et ic Ru b b er , Ru b b er Ch em ica l, Ad h es ives , PVC Res in s , Pr in t in g In k , Aniline, and Sodium Hydrosulphate/Sodium Hydrosulphite. Table 16. Manufacture of Chemical and chemical products Years IIP Index IMP Index EX Index IIP Gr. IMP Gr. EX G Chinese Imports 2004-05 100 100 100 Index 2005-06 109.0 139.9 111.8 9.0 39.9 11.8 100.0 2006-07 119.3 232.6 124.7 9.5 66.3 11.5 192.6 92.6 1.2 2007-08 125.3 272.4 151.4 5.0 17.1 21.4 379.7 97.2 1.2 2008-09 127.9 501.8 192.6 2.1 84.2 27.2 306.8 -19.2 0.8 2009-10 135.4 416.5 182.3 5.8 -17.0 -5.4 566.1 84.6 0.9 2010-11 142.8 456.9 194.5 5.5 9.7 6.7 654.2 15.6 0.8 Manufacture of rubber and plastic products Growth Share 1.3 P a g e | 19 The IIP of Ru b b er & Pla s t ic in d u s t r y gr ou p has in cr ea s ed b y 7 4 .5 % in 2010-1 1 com p a r ed t o 2 0 0 4 -0 5 , wh er ea s t h e E xp or t In d ex h a s gr own b y 4 8 % and Import Index by a massive 3155 % during the same period (Table 17). The gr owt h of exp or t h a s b een n ega t ive in 2 0 0 7 -0 8 a n d 2 0 0 9 -1 0 . Th e Ch in es e In d ex is gr owin g a t m or e t h a n 2 0 0 % a n d 3 0 0 % in 2 0 0 6 -0 7 a n d 2 0 0 7 -08 r es p ect ively, followin g a d eclin e t h er ea ft er . S om e of t h e m a jor it em s im p or t ed fr om Ch in a a r e Tyr e, Tr u ck / Bu s , PVC/ Pla s t ic S u it ca s es , Tyr e, Ca r / Ca b , Plastic Sheets, Plastic Film Excl. Bopp Film, Rubber Transmission And V Belts, HDPE Woven Sacks, Tyre, Motor Cycle, Tube, Truck , a n d Plastic Bottles. The it em s m a in ly s ou r ced fr om Ch in a a r e Pvc/ Pla s t ic, S u itca s es , Ru b b er Fla p s , Tyr e, Tr u ck / Bu s , Tu b e, Cycle/ Rick s h a w, Tyr e, Cycle/ Rick s h a w, Tu b e, Tr u ck , Tyr e, Mot or Cycle , Tyr e, Ca r / Ca b , Pla s t ic Film E xcl., Bop p Film , Polythene Bags, Incl. Hdpe & Ldpe, Bags, and HDPE Woven Sacks. Table 17. Manufacture of rubber and plastic products Years IIP Index IMP Index EX Index IIP Gr. IMP Gr. EX G Chinese Imports 2004-05 100 100 100 Index Growth Share 2005-06 113.3 128.8 120.9 13.3 28.8 20.9 100.0 2006-07 126.8 172.8 131.9 11.9 34.1 9.1 339.1 239.1 0.6 2007-08 139.7 205.4 124.5 10.1 18.9 -5.6 1398.9 312.5 0.8 2008-09 141.0 207.5 150.2 0.9 1.0 20.7 657.9 -53.0 0.6 2009-10 162.2 258.7 135.6 15.0 24.7 -9.7 515.8 -21.6 0.8 2010-11 174.5 3255.1 148.1 7.6 1158.1 9.2 570.3 10.6 0.8 0.5 Manufacture of other Non-metallic Mineral Products The IIP of n on -m et a llic m in er a ls h a s in cr ea s ed t o 1 3 8 .7 in 2 0 1 0 -11 compared to 2004-05 (Tab le 1 8 ). The IIP has grown at average of 8.0 %, except 2008-1 0 , wh en t h e gr owt h of IIP d eclin ed t o les s t h a n on e p er cen t . Th e s lu ggis h gr owt h in t h e IIP h a s a ls o led t o d eclin e in t h e exp or t of t h is s egm en t . Vis ib le lin k a ge of p r od u ct ion a n d exp or t of t h is s ect or r ein for ces t h e exp or t d ep en d en cy. Th e Im p or t In d ex h a s gr own t o 6 5 0 over t h e b a s e of 2 0 0 4 -05 com p a r ed t o Ch in es e In d ex 2 1 3 0 2 .9 in 2 0 0 8 -0 9 over t h e b a s e of 2 0 0 5 -06. Rela t ively h igh gr owt h of t h e Ch in es e im p or t over r es t of t h e cou n t r ies s ign a ls that the Chinese import is replacing the import of non-metallic minerals. Th e it em s wh er e Ch in a is r ep la cin g ot h er cou n t r ies a r e H.T.Insulators, Refr a ct or y Br ick s , Gla s s S h eet , Tou gh en ed Gla s s , Por cela in a n d Cer a m ic, P a g e | 20 S a n it a r y Wa r es , Fib r e Gla s s , Ma gn es it e, Dea d Bu r n t , Gla zed Tiles / Cer a m ic, Tiles, Glass Bottles, and Marble Tiles/Slabs. Major items imported, in terms of value, fr om Ch in a a r e Refr a ct or y Br ick s , Fib r e Gla s s , Tou gh en ed Gla s s , Por cela in An d Cer a m ic S a n it a r y Wa r es , Ma gn es it e, Dea d Bu r n t , Cem en t All Kinds, Glass Sheet, Glass Bottles, H.T.Insulators, Marble and Tiles/Slabs. Table 18 Manufacture of other Non-metallic Mineral Products Years IIP Index IMP Index EX Index IIP Gr. IMP Gr. EX G Chinese Imports 2004-05 100 100 100 Index Growth Share 2005-06 107.7 175.8 101.6 7.7 75.8 1.6 100.0 2006-07 115.9 314.1 118.3 7.6 78.7 16.5 15097.9 14997.9 1.0 2007-08 125.9 336.3 103.1 8.6 7.1 -12.9 2448.4 -83.8 0.8 2008-09 124.6 580.8 103.6 -1.0 72.7 0.5 21302.9 770.1 0.8 2009-10 126.4 1203.4 92.7 1.5 107.2 -10.5 768.9 -96.4 0.9 2010-11 138.7 650.2 103.2 9.7 -46.0 11.3 35071.6 4461.0 0.8 0.9 Manufacture of Basic Metals Th e IIP for t h e b a s ic m et a ls h a s gr own t o 1 4 7 .6 in 2 0 1 0 -1 1 com p a r ed t o export in d ex of 4 0 1 .4 a n d im p or t in d ex of 3 9 4 .1 over t h e b a s e of 2 0 0 4 -05 (Tab le 1 9 ). Th e s h r in k in g exp or t of t h e b a s ic m et a ls in 2 0 0 7 -08 is followed b y d eclin e in t h e d om es t ic p r od u ct ion in 2 0 0 8 -0 9 . Th e gr owt h of t h e im p or t h a s a ls o b een ver y h igh excep t 2 0 0 7 -08. Th e im p ort of B a s ic Me ta l form Ch in a is grow in g a t m u ch fa s te r ra te th a n th e im p ort from oth er cou n trie s , w h ich is a n oth er in s ta n ce of Chinese imports replacing the imports from other countries. Table 19. Manufacture of Basic Metals Years IIP Index IMP Index EX Index IIP Gr. IMP Gr. EX G Chinese Imports 2004-05 100 100 100 Index Growth Share 2005-06 117.8 169.1 140.1 17.8 69.1 40.1 100.0 2006-07 131.5 199.1 234.1 11.6 17.7 67.1 543.3 443.3 1.6 2007-08 140.2 202.0 201.3 6.6 1.5 -14.0 1547.2 184.8 1.9 2008-09 132.7 228.8 147.2 -5.3 13.3 -26.9 2465.9 59.4 1.7 2009-10 140.3 249.3 143.5 5.7 9.0 -2.5 3484.5 41.3 1.3 2010-11 147.6 394.1 401.4 5.2 58.1 179.7 4608.1 32.2 1.5 1.4 P a g e | 21 The items which are increasing sourced from China are Aluminium Foils, Alu m in iu m wir es & ext r u s ion s , Alu m in iu m S h eet s / Pla t es , Alu m in iu m Tu b es / Pip es , Alu m in iu m , An d Cop p er a n d Cop p er Pr od u ct s . The m a jor it em s of im p or t , in t er m s of va lu e fr om Ch in a are a lu m in iu m , Cop p er a n d Cop p er Pr od u ct s , Alu m in iu m S h eet s / Pla t es , Alu m in iu m Foils , Wir es (Cop p er ), a luminium Tubes/Pipes, and C.I. Castings. Manufacture of Fabricated metal products, except machinery Th e im p or t of Fa b r ica t ed m et a l p r od u ct s , excep t m a ch in er y h a s gr own fa s t er t h a n t h e d om es t ic p r od u ct ion a n d exp or t . Th e gr owt h in t h e d om es t ic p r od u ct ion h a s b een d eclin in g d u r in g 2 0 0 5 -0 6 t o 2 0 0 8 -09. However, t h e gr owt h of t h e im p or t has in cr ea s ed t ill 2 0 0 7 -08 (Tab le 2 0 ). Th e im p or t fr om Ch in a d u r in g t h is p er iod h a s in cr ea s ed by 3 8 0 5 % over t h e b a s e of 2 0 0 5 -06. Th e correla tion b e tw e e n im p orts a n d th e d om e s tic p rod u ction in d ica te s s om e of th e n ega tive im p a ct of th e im p ort from Ch in a on d om e s tic p rod u ction of th is sector. The main imported items, in terms of value, from China are Boilers, Steel S t r u ct u r es , Cock (Fa u cet s ), Cylin d er s , Ra zor Bla d es / S a fet y Bla d es , Tin Con t a in er s a n d S t a m p in gs & For gin gs . Th e it em s wh er e t h e im p or t s fr om Ch in a a r e in cr ea s in g r ep la cin g t h e im p or t s fr om ot h er cou n t r ies a r e Boilers, Tin Con t a in er s , Ra zor Bla d es / S a fet y Bla d es , Cylin d er s , S t eel S t r u ct u r es , An d Cock (Faucets). Table 20. Manufacture of Fabricated metal products, except machinery Years IIP Index IMP Index EX Index 2004-05 100 100 100 2005-06 120.0 152.0 122.6 20.0 52.0 22.6 100.0 2006-07 139.0 189.1 146.6 15.9 24.4 19.6 9466.4 9366.4 0.5 2007-08 149.8 468.3 178.3 7.7 147.7 21.6 852.3 -91.0 2.3 2008-09 147.8 608.9 191.9 -1.3 30.0 7.6 3905.6 358.2 2.3 2009-10 174.7 694.8 157.1 18.2 14.1 -18.1 4030.1 3.2 1.8 2010-11 191.9 2055.9 159.3 9.8 195.9 1.4 2264.9 -43.8 1.2 IIP Gr. IMP Gr. EX G Chinese Imports Index Growth Share 0.4 Manufacture of Machinery and equipment The IIP for Ma ch in er y a n d equ ip m en t h a s gr own con s is t en t ly a t a r ou n d 2 0 % p er yea r s in ce 2 0 0 4 -0 5 , excep t 2 0 0 8 -09 (Ta b le 2 1 ). Th e exp or t s h a ve a ls o gr own a t r ela t ively h igh er r a t e t h a n IIP d u r in g t h e s a m e p er iod , excep t a P a g e | 22 n ega t ive gr owt h in b ot h t h e s ect or s (im p or t s & exp or t s ) in 2 0 0 9 -1 0 . Th e Ch in es e In d ex h a s gr own b y 5 2 0 4 % s in ce 2 0 0 5 -0 6 . Th e gr owt h of t h e Ch in es e im p or t s h a s d eclin ed over t h e t im e t ill 2009-1 0 wh ich h a s s u r ged by 250.7% in 2010-11. Table 21. Manufacture of Machinery and equipment Years IIP Index IMP Index EX Index IIP Gr. IMP Gr. EX G Chinese Imports 2004-05 100 100 100 Index Growth Share 2005-06 124.1 151.6 117.6 24.1 51.6 17.6 100.0 2006-07 153.0 235.0 136.1 23.3 55.0 15.7 1590.3 1490.3 6.3 2007-08 209.9 294.0 164.8 37.2 25.1 21.1 1859.2 16.9 6.5 2008-09 196.1 448.9 237.9 -6.6 52.7 44.3 1546.4 -16.8 6.9 2009-10 221.8 344.7 181.7 13.1 -23.2 -23.6 1512.6 -2.2 8.4 2010-11 274.9 458.1 242.1 23.9 32.9 33.2 5304.0 250.7 8.0 6.1 Th e it em s im p or t ed fr om Ch in a wh ich ca r r y va lu e of m or e t h a n Rs . 1 0 0 0 0 la cs in 2 0 1 0 -1 1 a r e Text ile Ma ch in er y, Air Con d it ion er (Pa ck a ged ), Pr in t in g Ma ch in er y, Air Con d it ion er (Room ), Bea r in gs (Ba ll/ Roller ), Ma ch in e Tools , Con s t r u ct ion Ma ch in e/ E qu ip m en t , Tu r b in es & Acces s or ies , Air & Ga s Com p r es s or s , Wa s h in g Ma ch in es , Lift s / E leva t or s & Com p on en t s t h er eof, Pu m p s (in clu d in g p ower d r iven p u m p s ), S ola r Power S ys t em s , E n gin es In cl. In t er n a l Com b u s t ion a n d Dies el E n gin e, Fa n s , Agr icu lt u r a l Ma ch in er y, Pla s t ic Ma ch in er y In cl. Mou ld in g Ma ch in er y, Cr a n es , and Chillers. Th e in cr ea s in g imports of these items probably impacting negatively the domestic production. Th e im p or t fr om Ch in a is r ep la cin g t h e im p or t fr om ot h er cou n t r ies in t h e it em s s u ch a s Fa n s , Air Con d it ion er (Room ), Hea t E xch a n ger s , Packaging Ma ch in er y, Air Con d it ion er (Pa ck a ged ), Ch iller s , E lect r ic Weld in g Ma ch in es , Cr a n es , Tu r b in es & Acces s or ies , Lift s / E leva t or s & Com p on en t s t h er eof, Pr in t in g Ma ch in er y, S ola r Power S ys t em s , Air & Ga s Com p r es s or s , Text ile Mach in er y, In d u s t r ia l Ch a in s , Agr icu lt u r a l Ma ch in er y, Con s t r u ct ion , a n d Machine/Equipment. Manufacture of office, accounting and computing machinery The IIP h a s gr own b y 2 6 3 % in 2 0 1 0 -1 1 com p a r ed t o exp or t in d ex b y 1 9 3 % a n d im p or t in d ex b y 1 2 2 % over t h e b a s e of 2 0 0 4 -05 (Tab le 2 2 ). However t h e gr owt h of d om es t ic p r od u ct ion a ft er 2 0 0 7 -0 8 h a s n ot b een ver y im p r es s ive P a g e | 23 a n d d ip p ed t o -1 1 .6 % in 2 0 0 9 -1 0 . increased in past two years. Th e gr owt h of t h e Ch in es e im p or t h a s Ma in it em s im p or t ed fr om Ch in a a r e Com p u t er s , Com p u t er Per ip h er a ls , Ca lcu la t or s a n d Pr in t er s . Com p u t er s a n d ca lcu la t or s a r e in cr ea s in gly s ou r ced from the China compared to other countries. Table 22. Manufacture of office, accounting and computing machinery Years IIP Index IMP Index EX Index 2004-05 100 100 100 2005-06 123.0 146.3 147.9 23.0 46.3 47.9 100.0 2006-07 136.6 212.1 172.8 11.1 45.0 16.8 90.7 -9.3 3.9 2007-08 365.9 192.6 170.5 167.9 -9.2 -1.3 138.6 52.8 4.2 2008-09 382.4 169.0 212.0 4.5 -12.3 24.3 115.3 -16.8 2.7 2009-10 338.0 196.5 241.4 -11.6 16.3 13.9 159.7 38.6 3.5 2010-11 363.0 222.8 293.5 7.4 13.4 21.6 206.9 29.6 3.5 IIP Gr. IMP Gr. Chinese Imports EX G Index Growth Share 6.7 Manufacture of electrical machinery and apparatus Th e d om es t ic p r od u ct ion of t h e elect r ic m a ch in er y a n d a p p a r a t u s h a s in cr ea s ed b y 2 6 3 % in 2 0 1 0 -1 1 com p a r ed t o exp or t b y 1 8 2 a n d im p or t b y 1 7 1 % over t h e b a s e of 2 0 0 4 -0 5 . Th e gr owt h of t h e im p or t s h owever , h a s b een h igh er in t h os e yea r s wh er e t h e d om es t ic p r od u ct ion gr owt h h a s b een low, except 2009-10 when the growth of the import, export and domestic production h a s b een n ega t ive. Th e gr owt h of im p or t fr om Ch in a h a s b een ver y h igh d u r in g three years, 2005-06 to 2008-09, however, declined in 2009-10. Table 23. Manufacture of electrical machinery and apparatus Years IIP Index IMP Index EX Index 2004-05 100.0 100.0 100.0 2005-06 123.0 593.9 149.8 23.0 493.9 49.8 100.0 2006-07 136.6 242.3 244.1 11.1 -59.2 63.0 239.8 139.8 2.5 2007-08 365.9 241.9 246.7 167.9 -0.2 1.1 537.0 124.0 3.4 2008-09 382.4 313.1 337.9 4.5 29.4 37.0 1066.4 98.6 3.6 2009-10 338.0 226.4 267.1 -11.6 -27.7 -21.0 562.6 -47.2 2.9 2010-11 363.0 271.4 282.7 7.4 19.9 5.9 641.2 14.0 2.4 IIP Gr. IMP Gr. EX G Chinese Imports Index Growth Share 2.5 Ma in it em s im p or t ed , in ter m s of va lu e, fr om Ch in a a r e Insulated Ca b les / Wir es a ll Kin d , Stabilisers, E lect r ic Mot or s Ph a s e-I, Graphite P a g e | 24 Electrodes/Anodes, Tr a n s for m er s (S m a ll), Magnets, Generator/Alternator, UPS/Inverter/Converter, Weld in g Rod s , Air Br ea k S wit ch es / Cir cu it Breakers, DC Mot or s , E lect r ic Mot or s (E xcl.Ph a s e-I), Flu or es cen t Tu b es , E lect r ica l S wit ch b oa r d , Ba t t er y Ch a r ger , In ca n d es cen t La m p , Rela ys , Fu s es An d S wit ch gea r s , Fib r e Op t ic Ca b le, Tr a n s for m er s (P.D.T & S p ecia l Typ e), a n d Cable, Rubber Insulated. Th e it em s in cr ea s in gly s ou r ced fr om Ch in a a r e Flu or es cen t Tu b es , Ba t t er y Ch a r ger , Ma gn et s , Fib r e Op t ic Ca b le, E lect r ic Mot or s Ph a s e-I, Incandescent Lamp, Insulated Cables/Wires all Kind, UPS/Inverter/Converter, Transformers (S m a ll), DC Mot or s , Air Br ea k S wit ch es / Cir cu it , Br ea k er s , Gen er a t or / Alt er n a t or , S t a b ilis er s , Rela ys , Fu s es An d S wit ch gea r s , Tr a n s for m er s (P.D.T & S p ecia l Typ e), E lect r ic Mot or s (E xcl.Ph a s e-I), An d Electrical Switchboard. Manufacture of radio, television and communication equipment Th e gr owt h of IIP for r a d io, t elevis ion a n d com m u n ica t ion equ ip ment h a s d eclin ed over t h e yea r s (Tab le 2 4 ). Th e exp or t growth has b een b et t er excep t in 2005-0 6 a n d 2 0 0 9 -1 0 . Th e im p or t is gr owin g a t m or e t h a n 3 5 % a ver a ge excep t a d ip in 2 0 0 9 -1 0 . Th e Ch in es e In d ex has gr own t o a r ela t ively h igh er level in past six years, although the growth has moderated over the years. Th e s h a r e of im p or t of r a d io, t elevis ion a n d com m u n ica t ion equ ip in t h e t ot a l t h e Ch in es e im p or t h a ve im p r oved con s id er a b ly fr om ju s t 3 .1 % in 2 0 0 5 0 6 t o 1 6 .5 % in 2 0 1 0 -1 1 . Th is in d ica t es t h a t t h e gr owt h of t h e im p or t of r a d io, t elevis ion a n d com m u n ica t ion equ ip fr om Ch in a h a s b een m u ch h igh er t h a n the total imports growth from Chinese. Table 24. Manufacture of radio, television and communication equip Years IIP Index IMP Index EX Index IIP Gr. IMP Gr. EX G Chinese Imports 2004-05 100 100 100 2005-06 122.1 132.7 98.8 22.1 32.7 -1.2 100.0 2006-07 238.1 180.3 139.5 94.9 35.9 41.2 221.1 121.1 3.6 2007-08 418.9 257.1 181.4 75.9 42.6 30.0 514.3 132.6 8.5 2008-09 492.0 405.2 1211.9 17.5 57.6 567.9 717.3 39.5 16.5 2009-10 542.5 370.4 895.3 10.3 -8.6 -26.1 801.2 11.7 18.1 2010-11 616.0 467.1 1641.5 13.5 26.1 83.3 1014.2 26.6 16.5 Index Growth Share 3.1 P a g e | 25 Main im p or t ed it em s fr om Ch in a a r e Telep h on e In s t r u m en t s In clu d in g Mob ile Ph on e a n d Acces s or ies , IC Ch ip s & Tr a n s is t or s , Power Ca p a cit or s , Printed Circuit Board/Plate, and Colour TV Picture Tubes. Manufacture of medical precision and optical instruments The IIP h a s gr own ju s t b y 1 9 % in 2 0 1 0 -11 over t h e b a s e of 2 0 0 4 -05 (Tab le 2 5 ). Th e exp or t a lt h ou gh is s h r in k in g d u r in g p a s t t wo yea r s , wh ile im p or t h a s gr own well d u r in g p a s t s even yea r s excep t 2 0 0 8 -0 9 . Th e Chinese In d ex on ot h er h a n d is gr owin g a t m u ch fa s t er r a t e t h a n Im p or t In d ex a n d IIP. Th is s ign a ls t h a t t h e d om es t ic d em a n d of t h e p r od u ct is fu lfilled b y t h e ch ea p import from China. Ma in im p or t ed items , in t er m s of va lu e, a r e Med ica l a n d S u r gica l E qu ip m en t (excep t x-r a y), Clock / Wa t ch / Tim ep iece Movem en t , Wa t ch es , Len s of All Kinds, and Syringes Table 25 Manufacture of medical precision and optical instruments Years IIP Index IMP Index EX Index IIP Gr. IMP Gr. EX G Chinese Imports 2004-05 100 100 100 2005-06 110.2 160.9 96.3 10.2 60.9 -3.7 100.0 2006-07 115.0 255.3 106.1 4.3 58.7 10.1 138.1 38.1 0.3 2007-08 121.6 338.9 106.2 5.8 32.8 0.1 367.9 166.4 0.3 2008-09 120.1 307.1 125.2 -1.2 -9.4 17.8 521.1 41.7 0.3 2009-10 110.0 350.3 122.5 -8.4 14.1 -2.1 542.4 4.1 0.4 2010-11 119.1 685.6 47.0 8.3 95.7 -61.6 654.5 20.7 0.3 Index Growth Share 0.3 Manufacture of motor vehicles, trailers and semi-trailers Ther e is a s u r ge in t h e im p or t of t h e m ot or veh icles , t r a iler s a n d s em it r a iler s in t h e cou n t r y con s is t en t ly during p a s t s even yea r s (Tab le 2 6 ). Th e im p or t s a r e gr owin g a lon g wit h t h e d om es t ic p r od u ct ion of t h is in d u s t r y s u b group, except in 200 8 -09. Th e im p or t fr om Ch in a h a s b een ver y h igh d u r in g 2 0 0 6 -0 8 a n d 2 0 1 0 -11. Its share in total Chinese import has also doubled in past six years. P a g e | 26 Main im p or t ed it em s , in t er m s of va lu e, fr om Ch in a a r e Au t o An cilla r y & Pa r t s , Gea r Boxes a n d Ut ilit y/ Mu lt i-Purpose Vehicles. Th e Au t o An cilla r y & Parts are increasingly been imported from China. Table 26. Manufacture of motor vehicles, trailers and semi-trailers Years IIP Index IMP Index EX Index IIP Gr. IMP Gr. EX G Chinese Imports 2004-05 100 100 100 Index Growth Share 2005-06 113.9 450.8 118.2 13.9 350.8 18.2 100.0 2006-07 134.3 737.5 128.7 17.9 63.6 9.0 261.2 161.2 0.7 2007-08 147.3 1458.1 160.1 9.7 97.7 24.4 464.4 77.8 0.6 2008-09 132.1 2054.9 444.7 -10.3 40.9 177.7 485.2 4.5 0.6 2009-10 153.4 2362.0 488.6 16.2 14.9 9.9 433.5 -10.6 0.7 2010-11 198.5 3692.0 909.0 29.4 56.3 86.1 1150.0 165.3 0.8 0.4 Manufacture of other transport equipments Th e im p or t of t h e ot h er t r a n s p or t equ ip m en t has in cr ea s ed b y 2 6 7 9 % in 2010-11 over t h e b a s e of 2 0 0 4 -05, com p a r ed t o IIP in cr ea s ed b y 1 0 5 % a n d exp or t b y 4 5 5 % (Ta b le 2 7 ). Th e im p or t a n d t h e exp or t gr owt h of t h e t r a n s p or t equ ip m en t is m ovin g m or e or les s in op p os it e d ir ect ion to the IIP d u r in g p a s t seven years. However, there are positive correlation between import growth and t h e exp or t gr owt h of t h e t r a n s p or t equ ip m en t s . Th is in d ica t es t h a t eit h er t h er e a r e a la g b et ween d om es t ic p r od u ct ion a n d t r a d e or t h e im p or t is u s ed a s a n in p u t in t h e exp or t . Gr owt h of im p or t of ot h er t r a n s p or t equ ip m en t s fr om China has been very high during 2007 -08, and 2010-11. Table 27. Manufacture of other transport equipment Years IIP Index IMP Index EX Index IIP Gr. IMP Gr. EX G Chinese Imports 2004-05 100 100 100 2005-06 105.6 345.8 158.4 5.6 245.8 58.4 100.0 2006-07 120.3 750.3 178.8 14.0 117.0 12.9 499.3 399.3 1.3 2007-08 123.1 1155.0 211.2 2.3 53.9 18.1 3558.3 612.6 1.8 2008-09 127.2 1778.9 433.7 3.3 54.0 105.4 4903.3 37.8 1.4 2009-10 174.5 1611.5 351.5 37.2 -9.4 -19.0 956.0 -80.5 1.9 2010-11 205.9 2779.6 555.2 18.0 72.5 58.0 2378.1 148.7 3.3 Index Growth Share 1.4 Th e s h a r e of t h e Ch in es e im p or t of oth er t r a n s p or t equ ip m en t s in t ot a l Ch in es e im p or t s h a ve d ou b led in p a s t s ix yea r s . Ma in it em s im p or t ed fr om Ch in a a r e S h ip Bu ild in g & Rep a ir s , Pa r t s Bicycle, Bicycles , S coot er a n d P a g e | 27 Mop ed s a n d Mot or Cycles . Ch in a is b ecom in g a n im p or t a n t s ou r ce of th e imports for Bicycles , Pa r t s Bicycle, Mot or Cycles a n d S h ip Bu ild in g & Repairs. Manufacturing of furniture The IIP for fu r n it u r e h a s gr own u p b y 4 2 % in 2 0 1 0 -1 1 , wh ile exp or t h a s been declining a ft er gr owin g b y 6 7 % in 2 0 0 8 -09 over b a s e of 2 0 0 4 -05 (Table 28). Th e im p or t gr owt h is m ovin g t oget h er wit h t h e d om es t ic p r od u ct ion gr owt h . Th e gr owt h of t h e im p or t fr om Ch in a is a ls o m ovin g a lon g t h e gr owth of Import Index. Ma in it em s of im p or t , in t er m s of va lu e, fr om Ch in a a r e Wood Fu r n it u r e, Pen s of All Kin d , Toot h Br u s h , a n d Gem s a n d J eweller y. Wood fu r n it u r e is increasingly sourced from China. Table 28. Manufacturing of furniture Years IIP Index IMP Index EX Index 2004-05 100 100 100 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 106.8 106.1 120.9 131.4 134.8 142.2 111.9 111.8 131.3 144.1 122.3 137.5 102.8 108.6 92.2 167.2 138.2 108.1 IIP Gr. IMP Gr. EX G 6.8 -0.6 14.0 8.7 2.6 5.4 11.9 -0.1 17.5 9.8 -15.1 12.4 2.8 5.7 -15.1 81.3 -17.3 -21.8 Chinese Imports Index Growth Share 100.0 107.3 147.6 152.3 145.7 156.8 7.3 37.5 3.2 -4.4 7.6 0.4 0.4 0.4 0.3 0.4 0.4 CONCLUSION The trends in imports to India shows a surge in cheap Chinese imports of m a n u fa ct u r in g good s t o In d ia , a ccu m u la t ion in In d ia s t r a d e d eficit wit h Ch in a a n d r is in g r equ es t for in t r od u cin g a n t i d u m p in g m ea s u r es a ga in s t Ch in es e im p or t s p oin t s t h e n eed t o ch eck t h e p r ofile of im p or t s fr om Ch in a a n d it s r ela t ion wit h ou r d om es t ic m a n u fa ct u r in g p r od u ct ion s t r u ct u r e. Th e m a jor qu es t ion of t h is r es ea r ch s t u d y is : How t r en d s in im p or t s fr om Ch in a a r e associated with domestic manufacturing production in India? A con cor d a n ce b et ween ITC (HS ) Cod e for t h e im p or t s a n d NIC cla s s ifica t ion of in d u s t r ies a t 5 d igit level is d evelop ed for la s t 7 yea r s for 2 6 8 it em s of IIP a n d im p or t s , a n d s ep a r a t ely wit h im p or t s fr om Ch in a . Th e in d ices for t h e im p or t , IIP (2 6 8 it em s ) a n d in d u s t r y s u b gr ou p s h a ve b een con s t r u ct ed . The export index is taken from an earlier Study by Singhi, M.C. 2011. P a g e | 28 Th e in d ices of IIP (2 6 8 it em s ), Im p or t for a ll cou n t r ies (Im p or t in d ex fr om now) and Export have grown by 107.8 %, 1773.1 %, and 143.4% respectively in 2010-1 1 over t h e b a s e of 2 0 0 4 -0 5 . Th e Ch in es e in d ex for s a m e it em s h a s gr own b y 4 6 1 8 .4 % in 2 0 1 0 -1 1 over t h e b a s e 2 0 0 5 -0 6 , wh ich is m u ch h igh er t h a n t h e im p or t in d ex. Th e s h a r e of t h e im p or t s of 2 6 8 it em s fr om Ch in a in t ot a l im p or t s fr om Ch in a t o In d ia h a s ju m p ed t o 4 1 .3 % in 2 0 1 0 -1 1 fr om 2 6 .3 % in 2005-06. Th er e a r e en ou gh evid en ce t o s u s p ect t h a t im p or t s t o In d ia fr om ot h er t h a n Ch in a a r e n ow in cr ea s in gly b een r ep la ced b y ch ea p Ch in es e im p or t s . Th er efor e t h e im p or t s t o In d ia a r e in cr ea s in g con cen t r a t ed wit h Ch in a . Br oa d ly the Basic Goods and the Intermediate Goods sectors are seems to be negatively a ffect ed fr om t h e ch ea p Ch in es e im p or t s a lon g wit h s om e item s in t h e Ca p it a l goods and the Consumer Goods sectors. Th e la r ges t im p or t s fr om Ch in a a r e n ot iced in in d u s t r y s u b -gr ou p of r a d io, t elevis ion a n d com m u n ica t ion equ ip m en t , followed b y Ma ch in er y a n d equ ip m en t , office a ccou n t in g a n d com p u t in g m a ch in er y , ot h er t r a n s p or t equ ip m en t , elect r ica l m a ch in er y a n d a p p a r a t u s , Ba s ic Met a ls , Fa b r ica t ed met a l p r od u ct s , excep t m a ch in er y , Ch em ica l a n d ch em ica l p r od u ct s , m ot or vehicles, trailers and semi-t r a iler s , a n d r u b b er a n d p la s t ic p r od u ct s . *** P a g e | 29 Annexure Table 29. Share in Total Imports 201011 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 20.0 23.0 23.6 26.5 27.6 25.3 23.0 Basic 3.1 3.6 3.4 3.3 3.6 3.1 2.9 Capital 9.4 11.6 11.7 13.3 11.8 10.7 8.8 4.3 4.2 4.5 4.7 5.1 4.7 4.7 Consumer 3.2 3.5 4.0 5.3 7.1 6.8 6.5 Consumer NON 0.7 0.8 0.7 0.7 0.7 0.8 0.5 Consumer Durable 2.5 2.8 3.3 4.6 6.5 6.1 6.0 IIP (268) Intermediate P a g e | 30 Table 30. Share of imports from China in Total Imports to India NIC5d 26915 35921 25204 35923 17296 Item group H.T.Insulators Bicycles Pvc/Plastic Suitcases Parts - Bicycle Terry Towel 0.10 95.25 65.66 82.50 82.57 85.00 93.90 79.24 89.66 67.98 86.30 91.00 86.04 92.96 46.65 200809 93.94 94.22 93.14 88.34 76.40 28133 34300 19201 30003 Boilers Auto Ancillary & Parts Footwear except leather Calculators 24.02 61.73 76.39 69.58 54.84 80.45 85.74 38.84 86.24 80.49 89.28 57.84 93.17 80.70 84.47 63.79 92.01 82.81 76.88 80.37 88.36 82.77 82.23 80.43 15209 Glucose(powder&liquid) 1.56 60.11 66.05 30.42 35.29 79.68 25119 Rubber Flaps 61.99 45.86 44.08 42.39 96.14 79.63 31503 Fluorescent Tubes 40.86 52.85 58.99 73.59 80.90 78.07 19201 Leather Shoes 57.18 55.10 54.84 55.24 59.60 74.48 29303 Fans 66.06 65.53 74.68 63.60 74.29 73.96 31109 Battery Charger 59.50 0.14 61.26 87.98 78.96 72.25 25111 Tyre, Truck/Bus 78.06 77.80 88.94 80.88 78.52 71.74 29308 Mixers & Grinders 43.66 39.36 66.41 68.19 74.58 68.72 26921 Refractory Bricks 46.44 64.67 59.41 55.11 69.61 68.49 25113 Tube, Cycle/Rickshaw 21.19 99.78 66.09 25113 Tyre, Cycle/Rickshaw 16.64 26.96 37.49 45.15 6.40 65.50 30006 33.81 32.63 36.45 43.52 62.25 65.47 32.04 80.00 54.16 94.91 31.19 94.62 58.23 98.83 67.03 97.26 64.20 60.91 32204 36101 29192 Computers Sodium Hydrosulphate/Sodium Hydrosulphite Tube, Truck Telephone Instruments Including Mobile Phone And Accessories Wood Furniture Air Conditioner (Room) 13.97 38.96 48.03 20.23 43.78 42.88 41.41 48.89 62.34 55.46 47.22 53.99 61.81 53.41 54.72 59.66 59.15 57.99 26101 Glass Sheet 82.23 79.54 74.15 61.70 53.45 57.86 24232 Vitamins 47.23 57.42 55.52 62.70 58.46 57.72 26101 17.12 36.54 34.87 37.84 41.31 57.40 26911 Toughened Glass Porcelain And Ceramic Sanitary Wares 43.37 52.95 53.74 57.74 63.59 55.63 32309 Amplifier 42.24 45.70 39.97 39.91 42.37 55.37 29198 Heat Exchangers 8.97 20.81 41.71 19.87 9.07 55.18 26993 Grinding Wheels 15.45 39.53 35.00 26.23 1.62 54.35 29195 14.89 9.36 39.68 37.19 27.01 54.35 19122 Packaging Machinery Leather Bags, Wallets, Purses 38.11 34.66 33.27 29.15 53.63 53.85 25111 Tyre, Motor Cycle 41.42 29.83 19.87 29.37 33.13 53.41 28997 Pressure Cooker 57.37 39.37 20.64 58.69 12.75 52.85 24117 25111 2005-06 2006-07 2007-08 71.10 200910 30.15 95.18 93.54 92.11 83.22 201011 98.17 95.06 94.07 94.03 90.09 P a g e | 31 26102 Fibre Glass 27.03 34.73 48.56 53.45 54.50 50.38 29192 Air Conditioner (Packaged) 37.91 40.50 54.42 44.97 45.88 49.24 27310 C.I. Castings 1.00 33.32 66.81 46.14 93.08 48.07 24114 Dyes 43.60 41.95 44.50 37.86 43.25 47.20 35911 Motor Cycles 6.66 16.57 90.74 83.02 12.99 46.68 31904 Magnets 32.23 32.57 36.09 30.88 42.88 45.88 29306 Chillers 15.53 27.67 22.38 18.19 26.87 44.91 29199 Electric Welding Machines 6.24 27.92 17.15 34.06 49.48 44.31 31300 Fibre Optic Cable 51.72 38.24 2.65 47.96 57.99 43.60 18104 Leather Garments 18.66 28.43 23.40 26.36 62.77 43.17 20211 Plywood 42.97 49.94 39.48 37.34 33.73 43.03 28129 Tin Containers 0.33 69.29 11.18 57.02 4.04 42.67 31103 Electric Motors Phase-I 20.91 23.80 30.68 31.88 31.01 42.50 36997 Tooth Brush 77.14 85.44 73.15 40.11 42.80 41.32 29308 Washing Machines 12.63 16.99 17.51 20.94 27.19 40.50 33130 Cooling Towers 23.91 21.95 19.35 60.68 41.82 40.21 31908 Welding Rods 4.13 11.65 9.48 19.68 28.77 39.76 27203 Aluminium Foils 20.77 34.21 46.63 57.91 29.95 39.46 18101 Apparels 17.85 28.20 23.79 25.36 24.11 39.29 31501 Incandescent Lamp 24.96 24.05 26.95 25.38 31.28 38.57 24243 Whitening Agents 32.31 32.39 32.73 30.81 38.55 38.24 30007 Printers 17.86 7.81 34.25 10.41 4.31 37.83 30007 Computer Peripherals 36.57 19.60 37.78 33.30 24.44 37.53 32102 Power Capacitors 25.00 24.52 34.21 15.01 31.18 37.16 31908 Graphite Electrodes/Anodes 10.06 23.04 29.65 59.78 34.15 37.15 29151 Cranes 10.86 26.05 35.62 50.76 12.44 37.14 36934 Sports Goods, Rubber 13.28 39.34 43.51 51.54 48.07 37.09 28931 Razor Blades/Safety Blades 13.21 15.42 22.14 11.99 38.30 36.88 29119 Turbines & Accessories 12.93 11.71 20.63 32.40 58.69 36.71 36991 30.24 37.43 39.23 35.68 36.28 36.09 2.83 8.73 45.86 63.75 42.51 35.50 29151 Pens of All Kind Aluminium wires & extrusions Lifts/Elevators & Components thereof 15.77 16.52 30.15 35.03 48.90 35.45 26922 Magnesite, Dead Burnt 58.53 59.31 47.64 39.99 25.79 34.78 28121 Cylinders 21.61 28.12 23.64 43.94 54.05 34.45 29294 Printing Machinery 26933 Glazed Tiles /Ceramic Tiles 35119 Ship Building & Repairs 25111 21015 Tyre, Car/Cab Straw And Paper Boards of All Kinds 25202 Plastic Film Excl. Bopp Film 27203 6.53 9.94 19.55 25.10 26.78 34.41 66.28 74.33 79.45 76.35 51.98 34.37 3.96 3.67 7.88 6.39 12.51 34.10 26.85 37.25 35.86 34.16 38.47 33.22 14.78 19.15 27.14 24.67 27.60 33.03 8.36 16.87 12.70 10.89 12.40 31.68 P a g e | 32 31200 Polythene Bags Incl. Hdpe & Ldpe Bags Insulated Cables/Wires all Kind 29305 Solar Power Systems 7.84 6.12 5.78 6.61 13.69 30.30 29121 Air & Gas Compressors 12.08 16.02 7.76 8.36 29.16 30.18 29262 Textile Machinery 16.59 19.13 19.01 30.67 36.01 30.16 27203 Aluminium Sheets/Plates 20.83 26.78 38.36 38.97 28.08 29.97 35912 Scooter and Mopeds 38.08 83.69 81.93 87.76 55.96 29.64 29131 Industrial Chains 21.31 29.78 22.96 22.46 30.75 28.61 29211 Agricultural Machinery 19.86 15.13 18.65 20.92 45.20 28.04 31104 20.53 13.02 27.54 25.09 28.79 27.96 29119 UPS/Inverter/Converter Construction Machine/Equipment 3.44 11.87 13.43 18.38 23.11 27.54 29303 Industrial Blowers 28.55 1.61 23.49 14.84 37.18 26.80 28112 Steel Structures 26.56 31.21 59.09 38.25 54.21 26.71 29191 Forklift 2.76 4.72 9.44 25.36 19.47 26.57 20211 Wood Veneer 4.31 9.80 10.12 7.19 15.11 26.51 31102 Transformers (Small) 52.29 63.26 53.39 59.99 55.54 26.28 27203 Aluminium Tubes/Pipes 15.51 30.12 29.70 35.46 34.73 26.07 26103 13.99 21.90 22.37 20.00 21.37 25.74 15135 Glass Bottles Squashes, Jams, Jellies, Ketchups,Etc. 31.80 39.22 54.06 36.12 38.54 25.73 29244 Loaders 40.12 67.90 77.54 9.42 10.97 25.50 15331 Cattle and Poultry Feed 20.67 16.10 20.88 22.14 23.09 24.78 24111 Aniline 16.81 9.69 60.97 22.96 28.34 24.60 29131 Bearings (Ball/Roller) 10.14 11.97 15.07 15.37 20.20 24.33 25202 HDPE Woven Sacks 15.39 24.42 34.13 35.88 27.36 24.14 31103 DC Motors 9.65 18.27 15.27 15.20 21.12 23.90 24219 Rubber Chemical 19.44 24.47 28.42 25.85 25.03 23.88 25209 Plastic Sheets 28.85 23.18 15.67 18.74 16.08 23.83 29306 8.68 6.86 13.44 17.68 28.40 23.78 31200 Refrigerators Air Break Switches / Circuit Breakers 24.70 23.99 33.28 30.85 20.19 23.08 24295 Adhesives 10.24 9.19 0.00 0.00 19.61 22.53 31901 Generator/Alternator 2.16 13.71 51.95 26.70 37.76 21.34 26960 7.79 6.10 17.09 20.91 31.93 20.58 25192 Marble Tiles/Slabs Rubber Transmission And V Belts 6.09 8.68 9.02 17.55 17.79 19.62 29254 Sugar Machinery 0.56 0.75 0.38 2.46 1.36 19.56 28994 Cock (Faucets) 4.35 7.35 7.25 10.82 16.79 18.99 23109 Carbon Black 31901 Stabilisers 32101 25202 1.42 86.31 62.10 33.04 20.12 31.55 25.30 25.45 26.44 38.89 33.54 30.84 3.70 15.50 14.49 19.41 20.66 18.76 12.55 13.70 18.52 23.23 21.40 18.57 Colour TV Picture Tubes 8.89 16.80 22.90 17.85 17.80 18.25 Steel 4.93 11.53 16.08 16.97 9.09 18.12 P a g e | 33 33201 Lens of All Kinds 33112 Syringes 32105 IC Chips & Transistors 21098 7.85 7.44 5.04 16.00 14.25 17.81 6.52 0.66 1.30 12.31 2.63 17.17 12.36 8.79 13.14 17.18 21.74 17.14 Computer Stationery 1.69 3.16 6.28 8.67 12.39 16.03 19129 Leather Gloves 7.98 29.12 34.64 23.50 13.97 15.70 25193 Condoms 1.08 2.67 0.05 22.58 32.00 15.69 26942 Cement All Kinds 19.98 34.82 6.47 7.84 24.35 15.39 16003 Cigarettes 12.49 0.05 6.05 5.34 5.29 15.32 15134 Fruit Juices 13.41 20.75 31.05 9.71 12.06 14.80 25202 21.77 15.50 13.00 9.39 11.42 14.54 29121 Plastic Bottles Pumps (including power driven pumps) 7.31 6.74 9.64 14.05 14.98 14.50 32109 Printed Circuit Board/Plate 7.03 9.01 11.39 11.75 13.61 14.41 29229 5.52 7.60 10.61 9.71 12.79 14.40 10.95 8.54 15.21 17.91 14.52 14.38 31102 Machine Tools Relays, Fuses And Switchgears Transformers (P.D.T & Special Type) 2.42 22.08 36.11 31.59 10.36 14.25 25209 PVC Pipes and Tubes 3.24 8.86 28.83 18.09 12.80 14.13 29142 7.92 6.35 11.51 19.19 22.20 14.12 22.17 16.73 11.11 16.90 2.74 14.02 31103 Furnaces Corrugated and Other Paper Boxes Electric Motors(Excl.PhaseI) 2.90 6.36 12.64 11.78 13.51 13.43 33122 Electric meter of all kinds 29.80 31.97 17.01 42.05 32.23 13.40 33122 29.80 31.97 17.01 42.05 32.23 13.40 33301 Water meter of all kinds Clock/Watch/Timepiece Movement 18.97 20.01 17.09 13.79 24.88 12.76 29258 Food Processing Machinery 5.28 5.17 5.16 10.73 13.77 12.67 25191 0.97 4.21 79.36 45.30 18.52 12.65 17.68 20.26 26.79 19.43 12.00 12.50 24232 Hose Pipe Plastic Machinery Incl. Moulding Machinery Antibiotics & It's Preparations 5.49 20.60 13.76 7.69 4.23 12.33 29251 Dairy Machinery 0.01 4.08 3.93 1.58 2.96 11.69 27203 Aluminium 9.36 10.34 16.57 17.34 11.72 11.63 24112 Sulphuric Acid, Incl. Oleum 0.00 0.00 0.38 0.03 1.03 11.29 29299 Driers 3.47 0.06 18.52 0.02 0.00 11.26 24223 Printing Ink 21.54 23.14 29.77 18.56 31.24 10.95 17297 Elastic Tape 1.34 7.25 25.62 41.72 22.74 10.81 24241 5.39 6.55 3.09 2.48 1.60 10.74 4.48 6.91 7.00 7.47 8.43 10.48 33112 Toilet Soap Copper and Copper Products Medical and Surgical Equipment (except x-ray) 3.62 4.27 5.13 6.76 7.14 10.10 24248 Agarbattis and Dhoop 17.60 12.43 13.15 16.44 21.37 9.88 33301 Watches 0.88 1.24 12.00 10.35 14.25 9.39 31103 21022 29291 27201 P a g e | 34 29211 Tractors (complete) 24.33 53.09 17.36 7.33 8.84 8.93 31200 3.04 14.27 14.85 11.78 18.38 8.19 24297 Electrical Switchboard Leather Finishing Chemicals & Auxiliaries 0.00 0.00 8.55 19.17 0.01 7.47 28910 Stampings & Forgings 2.02 5.79 2.71 6.19 1.76 7.01 24241 Washing Soap 3.35 2.68 2.91 4.13 6.61 6.82 34300 3.99 6.68 4.40 3.41 4.17 6.73 29112 Gear Boxes Engines Incl. Internal Combustion and Diesel Engine 2.58 4.44 3.19 4.77 5.92 6.48 22110 Books 1.68 3.04 4.12 9.22 7.75 6.30 33121 Valve 4.04 4.02 1.75 2.14 0.28 6.19 15531 Beer 0.01 0.35 1.12 1.46 1.81 6.00 29242 Drilling Equipment 3.57 3.68 2.58 9.62 7.40 5.97 24222 Paints of All Kinds 1.67 3.10 5.19 6.47 5.98 4.95 29249 Mining Equipment 2.51 0.66 27.07 41.43 6.80 4.79 24241 Synthetic Detergents 1.05 0.28 2.74 2.78 1.64 4.40 21012 1.23 0.99 1.49 1.28 2.04 4.10 15519 Writing & Printing Paper Indust. Alcohol(Rectified/Denatured Spirit) 7.01 7.31 5.26 4.50 3.86 4.02 24134 Synthetic Rubber 24132 PVC Resins 27201 5.52 2.18 2.36 1.50 1.91 3.77 11.04 46.28 45.40 17.21 10.82 3.46 Wires (Copper) 1.32 1.77 2.59 3.11 3.04 3.39 20213 Particle Boards 5.36 8.63 4.51 3.08 2.03 3.25 24111 Dissolved Acetylene Gas 0.11 0.07 1.02 0.00 5.71 2.97 24301 Viscose Staple Fibre 10.89 11.42 21.89 3.09 44.95 2.97 21014 Craft Paper(Kraft Paper) 1.48 1.99 3.02 3.11 2.11 2.83 16006 Zarda/ Chewing Tobacco 0.00 0.00 0.00 0.00 0.00 2.63 31300 Cable, Rubber Insulated 0.11 0.60 1.84 28.62 10.75 2.44 24111 Oxygen Tanned or Chrome Skins and Leathers 0.00 0.00 0.14 0.00 0.49 2.38 2.73 2.83 2.31 1.50 1.50 2.36 13.29 16.23 26.37 11.72 8.43 2.25 1.24 0.39 0.07 12.82 0.80 2.17 0.12 15.85 14.72 16.71 10.12 2.07 85.02 85.32 15.51 30.81 2.07 19119 34101 15433 Commercial Vehicles Instant Food Mixes (Ready to eat) 21013 Newsprint 25111 Tyre, Tractor Front 15532 Indian made Foreign Liquor 0.04 28.68 0.01 0.39 0.12 1.99 24118 Glycerine 0.00 0.00 0.00 0.00 0.00 1.83 15412 Biscuits 2.12 5.93 15.70 5.71 1.61 1.68 17223 Woollen Carpets Aerated Waters & Soft Drinks Utility/Multi-Purpose Vehicles 2.64 0.00 23.24 28.21 0.11 1.65 3.52 0.65 1.97 0.00 0.26 1.59 0.69 2.33 2.59 3.17 0.90 1.58 15541 34104 P a g e | 35 25111 Tyre, Tractor, Rear 20.63 5.27 0.88 18.71 3.08 1.51 24246 15494 Tooth Paste 0.09 2.70 3.63 0.51 0.05 1.47 Malted Foods 0.21 0.75 1.67 1.66 3.53 1.47 24118 Fatty Acid 1.44 1.46 0.66 0.54 2.01 1.22 15432 Chocolate 3.68 10.06 16.52 3.93 0.62 0.87 36911 Gems And Jewellery 0.49 0.29 0.15 0.39 0.79 0.86 19201 Shoe Uppers (Leather) 6.05 41.24 30.27 61.27 0.00 0.81 21012 Pulp Rayon Grade 2.82 4.32 0.30 0.01 1.28 0.80 15321 Starch 0.02 1.61 4.09 0.39 0.24 0.73 24112 Phosphoric Acid 0.26 0.26 0.25 0.72 0.26 0.63 15311 Bran 0.00 0.00 0.00 0.00 0.00 0.57 Petrolium Product 1.43 2.04 1.50 1.17 0.39 0.57 33111 X-ray equipment 1.26 0.13 0.21 0.11 0.33 0.42 24233 Ayurvedic Medicaments 2.00 0.45 0.88 1.14 0.12 0.25 26960 Granites 0.97 0.81 0.00 3.11 0.68 0.20 15493 Cashew Kernels 0.00 0.00 0.00 0.00 0.00 0.20 34103 Passenger Cars 0.04 0.00 0.02 0.01 0.00 0.13 24245 Tooth Powder Fasteners (Excl. ZipFastener) 0.00 0.00 0.05 0.00 0.13 0.06 1.70 0.00 2.38 4.68 1.79 0.04 28991 ***
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