The correct answer is: Electronic goods.
Electronic goods have the largest share of exports from India. In 2020-21, electronic goods accounted for 26.9% of India’s total exports. This was followed by engineering goods (21.8%), petroleum products (12.6%), and gems and jewellery (10.6%).
Electronic goods are a broad category that includes a wide range of products, such as computers, mobile phones, televisions, and refrigerators. India is a major exporter of electronic goods, and the sector has been growing rapidly in recent years. The main reasons for this growth are the increasing demand for electronic goods in the global market, the availability of skilled labor in India, and the government’s support for the sector.
The export of electronic goods has a number of benefits for India. It helps to generate employment, boost economic growth, and improve the country’s balance of trade. The sector also has the potential to attract foreign investment and promote technology transfer.
However, there are also some challenges that the sector faces. One of the biggest challenges is the rising cost of raw materials. Another challenge is the competition from other countries, such as China. The government is taking steps to address these challenges, and the sector is expected to continue to grow in the coming years.
Here is a brief explanation of each option:
- Agriculture and allied commodity: Agriculture and allied commodities account for 14.1% of India’s total exports. The main agricultural products that India exports are rice, wheat, sugar, cotton, and tea.
- Gems and jewellery: Gems and jewellery account for 10.6% of India’s total exports. The main gems and jewellery that India exports are diamonds, gold, and silver.
- Handicrafts: Handicrafts account for 2.2% of India’s total exports. The main handicrafts that India exports are carpets, textiles, and jewellery.