I (Meaning and importance of Exports) Unit Structure

2.3 SUNRISE EXPORTS 
Exports of the country can be classified on different 
considerations. For example, India‟s exports are classified into 
principal exports are classified as primary products, manufactured 
goods, ores and minerals and mineral fuels and lubricants. The 
term sunrise exports are 
also used in relation to India‟s exports. 
Sunrise products are those products, which Indian exporters 
have lately begun to export in the overseas markets, and such 
products have a growing demand in the world markets. Some of the 
sunrise products are as follows. 
Horticulture products, Such as fruits and vegetables 

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Green technology products such as wind turbines, electric cars. 
etc. 
Dairy products 
Value added marine products 
Processed fruits and vegetable products 
Value added meat products, etc. 
Let us, now consider few details of sunrise exports 
(a) Export of services 
India has recently emerged as a major player in global 
services 
trade. 
The 
services 
include 
travel, 
transport, 
communication, insurance, software, and business services. The 
export growth rate of all services increased from 24.1% in 2000-01 
to 32.1% in 2006-07. This sector is acting as an engine of growth. It 
is making rapid progress in exports. 
(b) Readymade garments 
 
The exports of cotton apparel readymade garments have 
made significant improvement on recent years. These exports were 
just Rs.9 crores in 1970-71 and rose to Rs.38215 crores in 2007-
08. This indicates growing importance of sunrise export item. 
 
(c) Handicrafts 
At present, the single largest item of exports is handicrafts. 
During 2007-08, handicrafts exported were of the order of 
Rs.80992 crores out of which gems and jewellery accounted for 
Rs.79142 crores. Export of handicrafts was only of Rs.70 crores in 
1970-71.