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Owing to a surge in imports of milk and its products, food grains, rubber and automobiles, India's import of sensitive items rose by 8.1 per cent to Rs 52,492 crore during April-December 2010 from Rs 48,548 crore in the same period the previous year.
Imports of food grains shot up to Rs 226.5 crore in April-December 2010 from just Rs 41.5 crore in the same period the previous year, while imports of milk and its products jumped to Rs 724.2 crore from Rs 232.8 crore during the period under review.
Meanwhile, automobile imports soared to Rs 1,659.3 crore during the period under review from Rs 806.23 crore, whereas rubber imports increased to Rs 2,954 crore from Rs 1,189 crore. Imports of alcoholic beverages jumped to Rs 382.3 crore during April-December 2010 from Rs 258 crore in the year-ago period, while imports of SSI products increased to Rs 1,128 crore from Rs 729.5 crore during the period under review.
Edible oil segment
In the edible oil segment, imports increased from Rs 18,765 crore last year to Rs 20,792 crore for the corresponding period of this year. A significant feature of edible oil import is that imports of crude oil went up by 16 per cent, while that of refined oil declined by 15.7 per cent. The increase in edible oil import is mainly due to substantial increase in import of crude palm oil and its fractions, an official statement said.
Imports of pulses, cotton and silk, spices, tea and coffee declined at broad group level during the period, while imports of edible oil, fruits and vegetables (including nuts), marble and granite increased.
Imports of sensitive items from Indonesia, China, Argentina, Korea, the US, Germany, Ukraine, Thailand, Australia, UK, Cote D' Ivoire, Tanzania, Vietnam and New Zealand went up, while those from Malaysia, Myanmar, Brazil, Canada, Japan and Czech Republic fell.
Gross import
The gross import of all commodities during April-December 2010 increased to Rs 11,26,513 crore from Rs 9,91,605 crore during the same period last year.
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