India’s Hand & Power Tools Sector
2035 Export Targets for India
- Hand Tools Target: 25 per cent global market share → USD 15 billion exports
- Power Tools Target: 10 per cent global market share → USD 12 billion exports
- Total Export Opportunity by 2035: Over USD 25 billion
- Employment Generation Potential: 3.5 million direct and indirect jobs
Export Destinations and Opportunities
- Major Importers: United States of America and European Union (55 to 60 percent of global imports)
- India’s Year-on-Year Export Growth: 24 per cent
- Tariff Advantage: Additional United States tariffs of 7.5 to 25 percent on Chinese tools present export opportunities for Indian manufacturers
Domestic Production Landscape
- Hand Tool Manufacturing ....
Do You Want to Read More?
Subscribe Now
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Related Content
- 1 Combating Obesity through Collective Action
- 2 Fast Track Special Courts
- 3 India's Investment and External Commercial Borrowings (ECB) Landscape
- 4 India’s Petroleum Industry
- 5 India's Employment Growth and Economic Progress
- 6 Groundwater Resources and Initiatives
- 7 India’s Digital Revolution
- 8 India’s Global Trade Competitiveness
- 9 India's Education Sector
- 10 India’s Intellectual Property Statistics
