Products to Export from India

India has largely been an agricultural economy but has turned towards exports in recent years. Products exported from India saw a historic rise in 2023-24, reaching USD 778.21 billion. This isa whopping 67% increase from USD 446.22 billion in 2013-14. This evident export growth reflects India's role in global trade, emphasising its stronghold in merchandise and services exports.

Read more
marine

Get right expert advice

Hassle-free policy

Speedy Claims

Fast-track your search with instant quotes from prominent insurers

Insure Your Goods in Transit - ₹10 Lakh Cover at ₹591+ only!

Instant policy copy
All commodities available
Single transit and annual covers

Insure Your Goods in Transit - ₹10 Lakh Cover at ₹591+ only!

Instant policy copy
All commodities available
Single transit and annual covers
We don't spam
Get Updates on WhatsApp
Check Your Premium Now

Insure Your Goods in Transit - ₹10 Lakh Cover at ₹591+ only!

Insure Your Goods in Transit - ₹10 Lakh Cover at ₹591+ only!

Instant policy copy
All commodities available
Single transit and annual covers
Fast-track your search with instant quotes from prominent insurers
Expert advice

Buy right

Instant policy

Quick & Hassle free

Dedicated team

Speedy Claims

How Exports from India Drive Economic Growth and Employment?

Exports from India are vital for the economy as they provide a conducive environment for growth and employment. Here's how!

  • It generates foreign exchange
  • Encourages specialisation in industries
  • Drives production capacity utilisation
  • Promotes technological advancements
  • Creates new job opportunities within export sectors

Top 10 Products to Export from India

  1. Textiles and Apparel

    India is one of the largest textile producers in the world, second only to China. The market for Indian textiles and apparel is projected to grow at a 10% CAGR to reach USD 350 billion by 2030, with exports expected to reach US$100 billion.

    Overall textile and apparel exports increased by 7% from April to October in FY 2024-25 compared to the same period in FY 2023- 24.

    Key Indian textile exports include:

    • Cotton
    • Silk
    • Synthetic textile

    Key markets for textile and apparel exports include the USA, Europe and UAE.

  2. Pharmaceuticals and Healthcare Products

    India has grown rapidly to become a key player in the global pharmaceuticals and vaccine industry. It is the world's largest provider of generic medicines, has a 20% share in the global supply volume, and contributes to 60% of the global vaccines produced. Undoubtedly, India is referred to as the 'Pharmacy of the World'.

    Key export segments in the pharmaceutical industry include OTC medicines, generics, APIs, vaccines, biosimilars and Custom Research manufacturing (CRM). 

    The main target destinations for pharmaceutical exports are the USA, Africa and European nations.

  3. Spices and Agricultural Products

    India has traditionally been a global leader in the spice trade for several centuries. A few popular spices that have been and continue to be exported from India include turmeric, cardamom, and black pepper.

    India's rich agricultural heritage and ideal climatic conditions make it a dominant player in the spice trade. In the past few years, India has also seen significant growth in organic and processed agricultural exports, catering to the rising global demand for healthier, natural products.

    Key buyers of Indian spices include the Middle East, the USA, and ASEAN countries, where these spices and agricultural goods are highly valued for their quality and authenticity.

    This growth reinforces India's position as a trusted supplier in the global agri-trade market.

  4. Gems and Jewelry

    Did you know India is a global leader in gold exports? According to a 2024 report, India's gold exports were valued at $146 million in 2023.

    Backed by rich culture and heritage and a strong global presence, India continues to shine in the gems and jewellery industry. It is also an international diamond-cutting and jewellery manufacturing hub known for its skilled craftsmanship and advanced technology. 

    India is pivotal in processing rough diamonds and creating exquisite jewellery pieces.

    There is a consistently high demand for gold, silver, and handcrafted jewellery, with Indian artisans excelling in intricate designs and traditional techniques.

    Major export destinations for Indian spices include the UAE, USA, and Hong Kong.

  5. Automobiles and Auto Components

    India's automobile industry is witnessing strong export growth due to a rising demand for two-wheelers, passenger cars, and electric vehicles. The country has also strived hard to build a solid reputation in auto parts manufacturing, supplying high-quality components to global automakers.

    Skilled labour, technological advancement and competitive pricing have positioned India as a reliable hub for automotive parts.

    Key export destinations of automobiles and auto parts include Latin America, Africa, and Europe, where Indian vehicles and parts are valued for their durability and cost-effectiveness. 

  6. Processed Food and Beverages

    India's processed food and beverage industry is witnessing growing global demand, driven by packaged snacks, ready-to-eat meals, and traditional beverages. The country is a leading exporter of tea, coffee, and dairy products, known for their rich flavours and quality.

    Indian spices and diverse culinary offerings further boost the appeal of its processed foods worldwide.

    Major export markets include the USA, UAE, and Russia, where Indian products are consumed by both the diaspora and local consumers seeking authentic flavours.

    With innovation in food processing and packaging, India continues to strengthen its presence in the global food and beverage industry.

  7. Chemicals

    Thanks to the pharmaceutical, agricultural, and manufacturing sectors, there has been a rising demand for speciality chemicals and organic compounds. India has become the global hub for exporting industrial chemicals, dyes, and fertilisers. The country has seen rising demand for speciality chemicals and organic compounds, driven by the pharmaceutical, agriculture, and manufacturing sectors.

    With strong RandD capabilities and competitive pricing, India has become a reliable supplier of high-quality chemical products. As the sector grows, it is also a key player in the global chemical supply chain.

    Key export markets include China, the USA, and Europe, where Indian chemicals are widely used in various industries.

  8. Leather and Its Products

    Only a few people know that India caters to the rising global demand for high-quality leather footwear, bags, belts, and accessories. This can be attributed to the skilled craftsmanship, rich tradition, and modern manufacturing facilities. India contributes to 13% of the world's total leather production and is the second-largest producer of leather footwear.

    Top export destinations include Italy, Germany, and the UK, where designers and brands favour Indian leather products.

  9. Petroleum Products

    India's refined petroleum and related products exports have grown recently and are a significant source of foreign exchange. According to a 2023 report, India exported 55.8 billion worth of refined petroleum products.

    Countries that import refined petroleum from India include the UAE, Singapore, and the Netherlands.

  10. Handloom and Cotton Yarns

    India has a rich heritage in handloom textiles and cotton yarn production. Indian handlooms have always been popular worldwide due to their skilled and intricate craftsmanship and superior-quality fabrics. 

    In addition to the existing demand for Indian handlooms, there is a rising demand for natural fabrics. This makes Indian handlooms durable.

    Product Revenue
    Silk Scarves INR 106.06 Cr (US$13.2 million) in 2022-23 exports
    Total linen products from handlooms 26.6% share in 2022-23 exports

    Key export markets for Indian handlooms include the USA, Japan, and Australia, where consumers appreciate India's sustainable textiles for their authenticity and craftsmanship.

Learn more about Marine Insurance

Why Export Items from India?

There are several reasons why several countries choose to import products from India:

  • Competitive pricing
  • Skilled workforce
  • India's reputation for quality
  • Craftsmanship
  • Innovation
  • Diverse product range

What makes exporting products lucrative for Indian businesses?

  • Abundant raw materials
  • Government incentives
  • Trade agreements benefiting exporters

How Can Marine Insurance Secure Your Shipments Across Borders?

Marine insurance protects businesses from financial losses when transporting goods by sea, air, road, or rail. It covers risks like damage, theft, and accidents during transit, ensuring that shipments across international borders are financially protected.

For businesses involved in global trade, the right marine insurance policy ensures smooth operations and financial security, even when unexpected disruptions occur. It gives businesses the confidence to expand into new markets without worrying about potential losses.

Wrapping it Up!

Today, India has established itself as a global export powerhouse, supplying a wide range of products—from spices and textiles to pharmaceuticals—at competitive prices. Its skilled workforce, rich heritage, and cost advantage make Indian products highly sought after in international markets.

With strong government support and growing trade partnerships, Indian businesses are well-positioned to expand their global reach. The steady rise in exports presents a promising opportunity for businesses to capitalise on global demand and drive long-term growth.

If you’re planning to export goods internationally, now is the perfect time to start! Tap into global markets and unlock new growth opportunities.


Marine Insurance Premium Calculator

Select Commodity

  • New machinery machine tools & spares in closed ISO containers
  • Solar panel
  • Machinery machine tools & spares duly packed/lashed
  • Electronic & white goods
  • New machinery machine tools & spares in closed ISO containers
  • Solar panel
  • Machinery machine tools & spares duly packed/lashed
  • Electronic & white goods
  • New machinery machine tools & spares in closed ISO containers
  • Solar panel
  • Machinery machine tools & spares duly packed/lashed
  • Electronic & white goods

Select Mode of Transport

  • Road
  • Air
  • Sea
  • Courier
  • Rail

Cover Amount Required

Enter value between 10 thousand to 10 crore

Calculate

Premium starts from

Great! Now Unlock Best Plans for You

No online plans found!

But, we have offline plans ready.
Connect with our advisor to explore more

Schedule a callback
Re-calculate
Disclaimer: Above mentioned insurers are arranged in alphabetical order. Policybazaar.com does not endorse, rate, or recommend any particular insurer or insurance product offered by an insurer.

Now help your friend get Business Insurance

Your referral is greatly appreciated!

Our team will reach out to your friend soon to help with their business insurance requirements.

Marine Insurance Articles
When moving to a new home, safeguarding your household articles during transit is crucial. Transit insurance...Read more
27 Oct 2020 by Policybazaar 12904 Views
Marine insurance and its advantages cannot be ignored if you are in a shipping business or your business needs...Read more
19 Aug 2022 by Policybazaar 8082 Views
Warranties in marine insurance are referred to as assurance of coverage provided by the insurer. It outlines the...Read more
20 Jul 2023 by Policybazaar 6273 Views
In the shipping business, different types of losses can happen. Marine insurance helps manage these risks by...Read more
23 Nov 2022 by Policybazaar 10358 Views
In the intricate web of India's transport industry, the movement of goods plays a vital role in driving the...Read more
03 Nov 2023 by Policybazaar 2631 Views
Marine insurance coverage is divided into two types. One is International Cargo Clause (ICC) and the second is the...Read more
13 Aug 2022 by Policybazaar 10077 Views
Incoterms or International commercial terms are some standard terms published by the ICC (International Chamber of...Read more
10 Aug 2023 by Policybazaar 3467 Views
The shipping industry relies heavily on chartering, essentially the leasing of vessels between shipowners and...Read more
29 Mar 2024 by Policybazaar 2234 Views
The principles of marine insurance are essential for maintaining fairness and consistency in the delivery of...Read more
10 Feb 2020 by Policybazaar 13857 Views
If your business involves the transportation of finished or unfinished goods or raw materials, you probably need a...Read more
15 Nov 2022 by Policybazaar 5260 Views
People have been exchanging goods since prehistoric times, with long-route trades dating back to 2000 BCE. Today...Read more
18 Feb 2022 by Policybazaar 6474 Views
In addition to the basic carrier policy, a Freight insurance policy will provide additional protection for your...Read more
18 Mar 2019 by Policybazaar 24133 Views
Transporting goods across the vast expanse of oceans comes with inherent risks. Perils of the sea, a term used in...Read more
05 Apr 2024 by Policybazaar 2598 Views
Within the transportation industry, where goods traverse vast distances across different modes of transport,...Read more
29 Apr 2024 by Policybazaar 2155 Views
Marine insurance and its advantages cannot be ignored if you have a shipping business or your business requires...Read more
17 Aug 2022 by Policybazaar 6552 Views
Marine insurance is essential for protecting goods during...Read more
23 Oct 2024 by Policybazaar 623 Views
Within the transportation industry, where goods traverse vast...Read more
29 Apr 2024 by Policybazaar 2152 Views
The accumulation clause in marine insurance is a crucial...Read more
05 Apr 2024 by Policybazaar 1610 Views
Transporting goods across the vast expanse of oceans comes with...Read more
05 Apr 2024 by Policybazaar 2597 Views
Shipping insurance for high-value items is crucial to mitigate...Read more
03 Apr 2024 by Policybazaar 1671 Views
Intermediate storage in marine insurance plays a crucial role in...Read more
03 Apr 2024 by Policybazaar 1446 Views
The world of marine transportation caters to a vast array of...Read more
03 Apr 2024 by Policybazaar 1403 Views
Owning an older boat is a unique experience. But just like any...Read more
03 Apr 2024 by Policybazaar 1032 Views
The shipping industry relies heavily on chartering, essentially...Read more
29 Mar 2024 by Policybazaar 2233 Views
Multimodal Transport Operator Insurance provides crucial...Read more
20 Mar 2024 by Policybazaar 1416 Views
The transport business involves a lot of extreme opportunities...Read more
28 Feb 2024 by Policybazaar 1099 Views
Whenever goods and commodities are on the move, they are at risk...Read more
28 Feb 2024 by Policybazaar 1430 Views
Businesses are shifting to eco-friendly transportation options...Read more
12 Dec 2023 by Policybazaar 1185 Views
Navigating the complex landscape of transit insurance claims...Read more
24 Nov 2023 by Policybazaar 2424 Views
Effective logistics, relying on enhanced trade infrastructure...Read more
22 Nov 2023 by Policybazaar 1063 Views
Policybazaar for Business - Marine Insurance - Customer Reviews
View all
4.3/5
Based on 114 reviews
4.3
out of 5
Based on 114 reviews
14 users
87 users
13 users
0 users
0 users
3.8 April 20, 2023
Anas
Great Experience
I recently purchased Marine insurance from Policybazaar for my shipping business and I must say I am thoroughly impressed with their service and coverage. From start to finish, the experience has been smooth and hassle-free.Thankyou.
Mizoram
4.3 April 03, 2023
Vaishnav
Provides Comprehensive Protection
When it comes to coverage, Marine insurance that i bought from PolicyBazaar has exceeded my expectations. It provides comprehensive protection for my cargo and vessels during transit, ensuring I can focus on my business operations with peace of mind. Thankyou.
Assam
4.3 March 17, 2023
Umang
Excellent Services
I highly recommend Marine insurance from PolicyBazaar website to anyone in the shipping or logistics industry. Their user-friendly website, comprehensive coverage, and excellent customer service make them stand out from the competition. With Policybazaar, I feel confident in navigating the high seas, knowing that my business is well-protected. Thank you, Policybazaar.
Chennai
4.3 February 28, 2023
Vishal
User Friendly Interface
The website's user-friendly interface made it easy to compare different plans and find the perfect fit for my business needs.Thanks
Gurugram
4.3 February 11, 2023
Parth
Prompt Services
I appreciate the transparency and honesty with which Policybazaar handled my claims. They were prompt in processing my claim and their claim settlement process was hassle-free.Thanks PolicyBazaar.
Noida
3.8 February 10, 2023
Rishabh
Exceeds Expectations
I recently had the pleasure of purchsing marine insurance from Policy bazaar website and I must say it has been an outstnding experience from start to finish. I am thrilled to share my positive customer review, as this truly exceeded my expectations. Thanks PB.
Jamshedpur
3.8 January 31, 2023
Arvind
Easy Navigation
The ease of navigating the Policy bazaar website and finding the right marine insurance policy was impressive. The website's user-friendly interface and intuitive design made it incredibly simple to compare various options, understand the coverage details and make an informed decision. I appreciated the transparency provided throughout the process. Thanks.
Ajmer
3.8 January 21, 2023
Vishal
Excellent Support
The customer service provided by Policy bazaar was decent. Their team was responsive, knowledgeable and went above and beyond to assist me at every step. Their professionalism and commitment to customer satisfaction were truly commendable.Thankyou.
Mumbai
4.3 January 11, 2023
Sanjeev Rathor
Efficient Process
When it came to claims processing, Policy bazaar demonstrated remarkable eficiency and effectivenes. I had an unfortunate incident during the coverage period and filing a claim was a breeze. The entire process was streamlined and their team guided me throuugh every necssary step, making it hassle-free. The promptness with which my claim was setled reflected their commitment to their customers' well-being and peace of mind. Thankyou.
Pune
3.8 January 01, 2023
Kunal
Comprehensive Coverage
I must mention the comprehensive coverage provided by the marine insurance policy I purchasd through Policy bazaar. It offered me the necesary protection and peace of mind. Thankyou PolicyBazaar.
Indore