India’s gold import has dropped down more than
75% and it is believed that it is happening because of the import
duty policy of the government. This is continuous third year of
depilation in the import of gold although India was one of the major
importers of gold in the world. India imported 30 tons of gold in
August, down from 111.47 tons a year ago, said the source, who asked
not be named as he was not authorized to speak to media. In value
terms, August's imports fell 62% to $1.37 billion, the lowest since
August 2016.
The
government policy of trade has always played a major role in the
trade business as they always tend to increase the export and low
down the value of import in the country. India trade data help in
gathering information from numerous sources. The sources of the
information are a bill of leading, invoices, import bill, bill of entry
and details from shipping companies. The Indian custom data
will help to analysis the market and business activities. Developing
and executing a business operation requires a holistic study of the
Global market plans. With the knowledge of our experts on India trade
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In
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you will get the name and addresses of the suppliers of the product
which help in the expansion of a business. The activities of the
importers can also be tracked through India Importer data
like which product they are demanding more, who are the supplier of
the product and through which port they are importing also what duty
they are paying to import the product.
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