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Among the following the percentage share of____________ commodity group was highest in major imports of India during 2021-22.
Question



Among the following the percentage share of____________ commodity group was highest in major imports of India during 2021-22.

A.

Electronic Goods

B.

Edible Oil

C.

Chemicals

D.

Transport equipment’s

Correct option is A


In 2021-22, Electronic Goods accounted for the highest percentage share among the major imports of India. India's demand for electronic goods has consistently been high, driven by increasing consumer electronics usage, industrial automation, and technological advancement. This demand is supported by the import of items such as smartphones, laptops, semiconductors, and other electronics-related goods.
Information Booster:
· Electronic Goods have been among the top import categories for India, reflecting a growing reliance on technology and electronics for both consumer and industrial purposes.
· India's growing middle class and expanding digital economy have contributed significantly to the surge in imports of electronic goods.
· Other major import categories like Edible Oil and Chemicals also saw significant shares, but they lag behind electronics in terms of volume and value.
· Electronic goods are crucial for the technology sector, especially in industries like telecommunications, manufacturing, and IT.
  Additional Knowledge:
Edible Oil: India is a major importer of edible oils, primarily palm oil and soybean oil. While its import share is significant, it is lower compared to electronics.
Chemicals: India's chemical imports include fertilizers, industrial chemicals, and pharmaceutical raw materials, which are important but have a lesser share than electronics.
Transport Equipment: This includes automobiles, parts, and related equipment, which also form a vital part of India's imports but are not as high as electronics.

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