Manufacturing, Import Export of India and US
Manufacturing, Import Export of India and US
Manufacturing
Manufacturing can be described as the
process of converting raw
History of Manufacturing
Industrial revolution started in the 18th
century in England.
Extended to neighboring nations like France
and Germany.
In late 18th century industrial revolution
came to United States.
The impact of changing the way items were
manufactured had a Wide reach.
Industries such as textile manufacturing,
mining, glass making and
Agriculture had all undergone changes.
Machinery such as the spinning wheel to
produce textiles, the water
wheel used to power machinery and the steam
engine were invented.
In addition to being high-tech, today's production
facilities are clean and inviting workplaces.
New manufacturing technology that changed the
world.
Role Of IT in Manufacturing
IT plays an essential part in different areas of industry
and It make production process simple and more
computerized.
History of technology
Technology changes mankind’s history.
Role of Technology in
Industries:-
Automobiles: Technology has increasingly
altered the manufacturing process for motor
vehicles.
Effect of Import on
Economy:-
Imports are the goods and services that are
bought by residents, Governments or businesses of a
country, but made outside of the country.
Industry Regulations
Automobiles: The global auto industry faces
change in manufacturing Technique due to
innovations and change in demand for vehicles.
Labeling is not required until the final product is
ready to reach final buyer.
Petroleum: The oil industry is counted among
big industry and placed on top ten largest industries.
Due to diplomacy-free trade among friendly
nations is forced.
In the 1930s the USA energy market started and
continued to 1970s.
Many major laws and executive actions are made
to restrict competition, control fuel prices
Importance of Export
Exports can be simply defined as the process
of shipping or transferring goods or service
produced in one country to another country for
future trade or sale.
It has now turned out to be to a greater
extent prevention than an assistance.
Discovering more powerful work
procedures, and putting resources into specialty
items.
Major Industries
India
Retail and Wholesale trade = 23%
Machinery = 8%
USA
Healthcare = 7.1%
Wholesale trade= 6%
Major Imports
India:-
OIL = 26.8% of total imports
Machinery = 8.2%
Machinery = 14.3%
Vehicles = 12.3%
OIL = 8.7%
Pharmaceuticals = 3.7%
Furniture & Li
Major Exports
India:-
Vehicles = 5.3%
Machinery = 5%
Pharmaceuticals = 4.7%
Clothing =
3.5%
USA:
Machinery = 13.7%
Aircraft = 8.7%
Vehicles = 8.4%
Oil = 7.1%