Maharashtra, Gujarat accounted for 46 pct of exports in FY15: Report

By: | Published: March 29, 2016 8:26 PM

Just two states - Maharashtra and Gujarat - accounted for over 46 per cent of merchandise exports from the country in 2014-15, says a study by industry lobby Assocham.

Export earnings in 2014-15 stood at around USD 310 billion. (Reuters)Export earnings in 2014-15 stood at around USD 310 billion. (Reuters)

Just two states — Maharashtra and Gujarat — accounted for over 46 per cent of merchandise exports from the country in 2014-15, says a study by industry lobby Assocham.

The next three states were Tamil Nadu, Karnataka and Andhra Pradesh. The top five states together claimed over 69 per cent of the country’s total export earnings in the previous fiscal, it added.

Export earnings in 2014-15 stood at around USD 310 billion.

While Maharashtra shipped goods worth USD 72.83 billion during the reporting period and continued to remain the best performing state, Gujarat exported goods worth USD 59.58 billion, again retaining the second spot.

Tamil Nadu emerged as the third largest exporter with USD 27.47 billion.

But in growth percentage terms, Uttar Pradesh topped the list with 18.3 per cent, followed by Haryana at 14.4 per cent.

Exports from Gujarat and Maharashtra grew 8 per cent and 7.2 per cent, respectively, it added.

Indicating the importance of SEZs in achieving higher exports, the report notes that almost three-fourths of operational SEZs are located in Maharashtra, Gujarat, Andhra Pradesh, Telangana, Karnataka and Tamil Nadu.

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