Subject:
Business StudiesAuthor:
sherlockCreated:
1 year agoOil and Precious stones.
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Author:
junecgpb
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9Answer:
India majorly imports petroleum products and capital goods.
Explanation:
Petroleum products: Petroleum products made up 28.6 per cent of the total imports.
Capital goods: The "National Capital Goods Policy 2016" states that capital goods are machinery, and accessories required directly or indirectly for the production of goods or rendering services including those required for technological up-gradation, replacement, modernisation, and replacement.
Examples of capital goods are:
Mineral fuels including oil: are 28.4% of total imports.
Electrical machinery, equipment: 11.7% of total imports.
Gems, precious metals: 11.2% of total imports.
Machinery including computers: 9.6% of total imports.
Organic chemicals: 4.9% of total imports.
Plastics, plastic articles: 3.3% of total imports.
Hence, petroleum products and the capital goods are the major imports by India
Author:
kadenceqko8
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9