5. Abrasive Cutting Abrasive Cutting under category Industrial Plants & Machinery Abrasive Cutting
    INR  9 lakh 2020-11-05 https://schema.org/InStock

How to
Import Abrasive Cutting to India

Are you here to know how you can import Abrasive Cutting to India? Well, Connect2India gives you the complete understanding about how to import Abrasive Cutting to India, from where to import Abrasive Cutting, at what price Abrasive Cutting should be imported and also the best Abrasive Cutting exporters in the world.

Abrasive Cutting

Summary for the Indian Abrasive Cutting import

In FY 2020-2021 (Apr-Nov), Around 59.94 USD million of Abrasive Cutting is imported from India to China. It is around 61.86% of the total import of Abrasive Cutting.

  • The value of Abrasive Cutting import from India in October 2020 is 15.44 USD million .
  • Major countries where Abrasive Cutting was imported in October 2020 are China(10.88), Germany(1.4), Japan(0.67), USA(0.53), Philippines(0.51).
S.no. Country Qty Value(USD Million) Month year
China 4292589 10.88 October 2020
Germany 24150 1.4 October 2020
Japan 17420 0.67 October 2020
USA 9870 0.53 October 2020
Philippines 241000 0.51 October 2020
Italy 22470 0.32 October 2020
Austria 7330 0.27 October 2020
Rep. of Korea 5220 0.15 October 2020
Thailand 81280 0.15 October 2020
France 2130 0.1 October 2020
China, Hong Kong SAR 15280 0.09 October 2020
United Arab Emirates 23930 0.05 October 2020
Turkey 6840 0.05 October 2020
United Kingdom 2020 0.05 October 2020
TAIWAN 600 0.05 October 2020
Belgium 5170 0.04 October 2020
Slovenia 2900 0.03 October 2020
Netherlands 280 0.02 October 2020
Switzerland 110 0.02 October 2020
Czech Rep. 110 0.01 October 2020

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There are 54 distinct countries to import Abrasive Cutting into India. Collectively India imported 96.89 USD Million of Abrasive Cutting from those 54 countries in 2020-2021 (Apr-Nov) and 189.73 USD Million in 2018, which is up by 19.72% than the Abrasive Cutting imported into India the previous year. In 2017, 54 countries exported around 50764739 quantity of Abrasive Cutting to India while in 2018, India’s Abrasive Cutting import accounts to 57182910 quantity from 52 countries. This shows the rise of 12.64% Abrasive Cutting import in terms of quantity imported.

To import Abrasive Cutting to India, the best countries according to Indian shipment records are China, Germany, Japan, USA, Philippines . Together they sold 96.89 USD Million worth value of Abrasive Cutting to India.

Overall the import of Abrasive Cutting into India gain of 79.94% since 2014 when Abrasive Cutting import shipments into India were valued at 105.44 USD Million. Year over year, the value of Abrasive Cutting import from India up by 19.72% from 2017 to 2018.

The import reached an all time high of 189.73 USD Million during the year 2018.

Among the countries from where Abrasive Cutting is imported to India, the fastest growing growing nations were Armenia,Montenegro and Cuba.

The countries from where India reduced their Abrasive Cutting imports are Eritrea,French Polynesia and CHRISTMAS IS.

As an importer of Abrasive Cutting, you should know the HS CODE of products at first.

Some HS Codes corresponding to Abrasive Cutting are

S.No Product H.S Code
Gear cutting machines, incl. abrasive gear cutting machines, for cutting cylindrical gears, numerically controlled, for working metals, metal carbides or cermets (excl. planing, slotting and broaching machines) 84614011
Gear cutting machines, incl. abrasive gear cutting machines, for cutting cylindrical gears, not numerically controlled, for working metals, metal carbides or cermets (excl. planing, slotting and broaching machines) 84614019
Gear cutting machines, incl. abrasive gear cutting machines, not for cylindrical gears, numerically controlled, for working metals, metal carbides or cermets (excl. planing, slotting and broaching machines) 84614031
Gear cutting machines, incl. abrasive gear cutting machines, not for cylindrical gears, not numerically controlled, for working metals, metal carbides or cermets (excl. planing, slotting and broaching machines) 84614039
Gear finishing machines, incl. abrasive gear cutting machines, in which the positioning in any one axis can be set up to an accuracy of at least 0,01 mm, numerically controlled, for working metals, metal carbides or cermets 84614071
Gear finishing machines, incl. abrasive gear cutting machines, in which the positioning in any one axis can be set up to an accuracy of at least 0,01 mm, not numerically controlled, for working metals, metal carbides or cermets 84614079
ABRASIVE WHEEL CUTTING OFF MACHINES 84615021

Use our HS CODE FINDER tool to search for the hs codes of products

Top Global Markets for import Abrasive Cutting to India in 2020-2021 (Apr-Nov)

S.NO. Country Quantity of import import value of Abrasive Cutting
import Abrasive Cutting to India from China 26135820 59.94
import Abrasive Cutting to India from Germany 236210 10.58
import Abrasive Cutting to India from Japan 141020 5.84
import Abrasive Cutting to India from USA 80170 3.65
import Abrasive Cutting to India from Philippines 1228400 3.47
import Abrasive Cutting to India from Thailand 654410 2.37
import Abrasive Cutting to India from Italy 164740 1.94
import Abrasive Cutting to India from Rep. of Korea 85280 1.82
import Abrasive Cutting to India from Netherlands 3170 1.3
import Abrasive Cutting to India from Austria 40400 1.24

Product wise trends to Import Abrasive Cutting to India in 2020-2021 (Apr-Nov)

S.NO. Code Name Quantity of import import value of Abrasive Cutting

Import Duty for Abrasive Wheel Cutting-off Machines under HS CODE 84615021

HS Code 84615021
Description Abrasive Wheel Cutting-off Machines
Customs Duty (%) 7.5%
IGST 18%
Compensation Cess 0%
Specific Duty (%) Not Applicable
Pref Duty (%) Not Applicable
Total Duty (%) 26.85%
Import Policy

People Also Ask

Which country is the major exporter of Abrasive Cutting to India?

China, Germany, Japan, USA, Philippines are the major exporters of Abrasive Cutting to India.

What is the import duty on import of Abrasive Cutting in India?

Custom Duty : 7.5% and IGST : 18%

Describe Abrasive Cutting import industry in India?

Abrasive Cutting import industry in India is worth 96.89 USD Million in India in 2020-2021 (Apr-Nov). There are total of 54 countries from where India import’s 57382948 quantity of Abrasive Cutting.