SUBSTANTIAL INCREASE IN EXPORT OF
CHEMICALS AND PETROCHEMICALS
During April 2002
– January 2003, there has been export of Rs. 164.65 crore of man-made
staple fibre comprising of PSF (Polyester Staple Fibre), VSF (Viscose
Staple Fibre), PPSF (Polypropylene Staple Fibre), ASF (Acrylic
Staple Fibre) as against Rs. 93.14 crore during the corresponding
period 2001-02 i.e. an increase of 76.8 per cent over the previous
year. This high growth rate has been achieved mainly due to export
of these products to new markets in Malaysia, Portugal, Indonesia,
UK, Nigeria, France, Canada, Iraq and Japan etc. and substantial
increase of export to China, Japan, Mexico, Germany, UAE and Singapore.
China is emerging as an important importer of man-made fibre from
India. Export of Polyester Staple Fibre to china increased by
473 per cent during the period.
In case of Inorganic/Organic/Agro
Chemicals, a substantial increase of 26.4 per cent i.e. from Rs.
3163 crore to Rs. 3963 crore was observed during the period April,
02 – Jan., 03 over April, 01 – Jan., 02.
Drugs, pharmaceuticals
and fine chemicals also maintained high growth rate of 21.3 per
cent during this period. Similarly, growth rate in export of dyes/intermediates
and coal-tar chemicals was 25 per cent.
Stability in
policy, export promotion efforts, emphasis on quality and cost
competitiveness provided necessary boost for exports. Value addition,
particularly in petrochemicals continues to be the main strategy
for enhancing exports.
Details of export
is given in the following table:
EXPORT PERFORMANCE
OF CHEMICALS AND PETROCHEMICALS
(Rs.
in Crore)
|
S.No.
|
Commodities
|
April,01-Jan.,02
|
April,02-Jan.,03
|
% growth over
corresponding period previous year
|
|
1.
|
Manmade Staple
Fibre
|
93.14
|
164.65
|
76.8
|
|
2.
|
Manmade Yarn,
Fabrics, Madeups etc.
|
4204.77
|
5235.88
|
24.5
|
|
3.
|
Inorganics/organic/
Agro Chemicals
|
3136.13
|
3963.18
|
26.4
|
|
4.
|
Plastic &
Linoleum Products
|
3844.44
|
4597.28
|
19.6
|
|
5.
|
Residl Chemical
& Allied Products
|
1498.77
|
1471.89
|
-1.8
|
|
6.
|
Dyes/Intermediates/
& Coaltar chemicals
|
2224.09
|
2779.72
|
25.0
|
|
7.
|
Drugs, Pharmaceuticals
& Fine Chemicals
|
8086.20
|
9811.19
|
21.3
|
| |
Sub Total
|
23087.54
|
28023.78
|
21.38
|
| |
Others Sectors/ Commodities
|
147922.22
|
179396.99
|
21.28
|
| |
Grand Total
|
171009.76
|
207420.77
|
21.29
|
