One
of a most gradually developing countries in the world; India, is the 14th
largest importing country in the world. The major neighboring countries of
India are Pakistan, China, Afghanistan, Bhutan, Bangladesh, Nepal and Burma by
Land and Sri Lanka, Thailand, Indonesia and Maldives by Sea. In the last year,
Indian traders imported wide variety of products worth of US $256 Billion
Dollars from other foreign countries in the world including China, Saudi
Arabia, Switzerland, South Korea, Indonesia, Thailand, Germany, Japan, United
Arab Emirates, United States, United Kingdom, Australia and many more.
As
per import data in India, India has
total 12 major import ports which help in importing large number of products
from different parts of the globe through the medium of Sea and Air. The top 10
Sea ports of India are Nhava Seva, Visakhapatnam, Kochi port, new Mangalore
port, Mundra port, Haldia port, Kandla port etc. JNPT (Jawaharlal Nehru Port
Terminal) or Nhava Sheva is the largest container port of India and handles
around 40% of total Indian Sea shipments.
The
major goods that Indian majorly buys from the above mentioned import ports are mineral
fuels including petroleum oil, gems & precious metals, plastics &
plastic made items, electrical machineries, organic chemicals, iron &
steel, animal & vegetable fats and ships & boats etc.
The
major fields that covers in import data
in India are Indian importer’s name & contact detail, foreign
supplier’s name & contact details, data & time of shipment, shipment
total duration, imported item’s description, number of items imported, HS code,
pricing, unit, applied custom duty, Indian import port, applicable GST rate,
transportation method, currency, vessel name, net weight and many more.
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