Annual Report 2005-06
Annual Report 2005-06 The Working Committee constituted at the 50th Annual General Meeting of the Council has the pleasure in presenting its activities during the period 1st April, 2005 to 31st March, 2006. Export Performance A. Overall Export Performance During the reporting year, India’s merchandise exports were Rs. 4,45,657.97 crores, in rupee terms which is 23.15% higher than the value of exports as compared to the preceding fiscal. In dollar terms, exports are valued at US$ 100606.92 million (US$ 100.6 billion) which is 24.71% higher than the value of US$ 80672.41 million during April-March, 2004-2005. B. Performance of the Engineering Sector in 2005-06 During the year under review, India’s exports of engineering goods have put up a growth of about 24.61% in dollar terms in 2005-06 over 2004-05. These estimates are based on the provisional data released by DGCI&S which suggests that exports of engineering goods from India in 2005-06 touched US$ 19.18 billion. In the month of March 2006, exports of engineering goods were to the tune of US$ 2447.28 million, up from US$ 2022.97 million recorded in March 2005 and higher by more than 20%. In rupee terms, India’s export of engineering goods is valued at Rs. 84,943.73 crores during April-March 2005-06 which is 22.78% higher than the value of the export valued at Rs.69,181.67 crores during April-March 2004-05. Target Value Target Achieved Year In US$ Millions In US$ Millions 2000-01 5,525 6,047 2001-02 6,300 5,975 2002-03 7,100 7,870 2003-04 8,500 11,553 2004-05 12,750 15,926 2005-06 18,300 20,300 Exports of Engineering Goods & Services Targets & Achievements Targeted Export Value in US$ Millions Achieved Export Value in US$ Millions 25,000 20,300 20,000 18,300 15,926 15,000 12,750 11,553 8,500 10,000 7,870 7,100 6,300 Millions 6,047 5,975 5,525 5,000 Value in US$ Value in US$ 0 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 Fiscal Year C.
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