How to
Import Ac And Dc Drive to India

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

Ac And Dc Drive

Summary for the Indian Ac And Dc Drive import

In FY 2020-2021 (Apr-Nov), Around 22.77 USD million of Ac And Dc Drive is imported from India to Germany. It is around 20.59% of the total import of Ac And Dc Drive.

  • The value of Ac And Dc Drive import from India in October 2020 is 15.07 USD million .
  • Major countries where Ac And Dc Drive was imported in October 2020 are China(4.02), Germany(2.43), Thailand(1.58), Singapore(1.15), Sweden(0.95).
S.no. Country Qty Value(USD Million) Month year
China 716209 4.02 October 2020
Germany 71570 2.43 October 2020
Thailand 126030 1.58 October 2020
Singapore 25420 1.15 October 2020
Sweden 120230 0.95 October 2020
Rep. of Korea 76620 0.87 October 2020
Japan 38680 0.74 October 2020
USA 22150 0.71 October 2020
Italy 36540 0.57 October 2020
Mexico 3330 0.44 October 2020
Brazil 29190 0.32 October 2020
Netherlands 4550 0.31 October 2020
Hungary 53400 0.19 October 2020
Malaysia 2890 0.13 October 2020
TAIWAN 9080 0.12 October 2020
Czech Rep. 9370 0.11 October 2020
South Africa 550 0.08 October 2020
France 5190 0.07 October 2020
China, Hong Kong SAR 8370 0.07 October 2020
United Kingdom 4820 0.06 October 2020

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Import Ac And Dc Drive to India

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There are 52 distinct countries to import Ac And Dc Drive into India. Collectively India imported 110.58 USD Million of Ac And Dc Drive from those 52 countries in 2020-2021 (Apr-Nov) and USD Million in 2018, which is up by 6.61% than the Ac And Dc Drive imported into India the previous year. In 2017, countries exported around quantity of Ac And Dc Drive to India while in 2018, India’s Ac And Dc Drive import accounts to quantity from countries. This shows the rise of �% Ac And Dc Drive import in terms of quantity imported.

To import Ac And Dc Drive to India, the best countries according to Indian shipment records are Germany, China, Singapore, Thailand, USA . Together they sold 110.58 USD Million worth value of Ac And Dc Drive to India.

Overall the import of Ac And Dc Drive into India gain of 18.34% since 2014 when Ac And Dc Drive import shipments into India were valued at 257.19 USD Million. Year over year, the value of Ac And Dc Drive import from India up by 6.61% from 2017 to 2018.

The import reached an all time high of 304.35 USD Million during the year 2018.

Among the countries from where Ac And Dc Drive is imported to India, the fastest growing growing nations were Armenia,Montenegro and Cuba.

The countries from where India reduced their Ac And Dc Drive imports are Eritrea,French Polynesia and CHRISTMAS IS.

As an importer of Ac And Dc Drive, you should know the HS CODE of products at first.

Some HS Codes corresponding to Ac And Dc Drive are

S.No Product H.S Code
Drive axles with differential, whether or not provided with other transmission components, and non driving axles, and parts thereof, for the industrial assembly of pedestrian controlled tractors, motor cars and vehicles principally designed for the transport of persons, vehicles for the transport of goods with compression ignition internal combustion piston engine diesel or semi diesel engine less than equals to 2500 cm³ or with spark ignition internal piston engine less than equals to 2800 cm³, special purpose motor vehicles of heading 8705, n.e.s 87085020
Drive axles with differential, whether or not provided with other transmission components, and non driving axles, for tractors, motor vehicles for the transport of ten or more persons, motor cars and other motor vehicles principally designed for the transport of persons, motor vehicles for the transport of goods and special purpose motor vehicles (excl. those for the industrial assembly of certain motor vehicles of subheading 8708.50.20) 87085035
Parts for drive axles with differential, whether or not provided with other transmission components, and for non driving axles, of closed die forged steel, for tractors, motor vehicles for the transport of ten or more persons, motor cars and other motor vehicles principally designed for the transport of persons, motor vehicles for the transport of goods and special purpose motor vehicles, n.e.s. (excl. those for the industrial assembly of certain motor vehicles of subheading 8708.50.20) 87085055
Parts for drive axles with differential, whether or not provided with other transmission components, for tractors, motor vehicles for the transport of ten or more persons, motor cars and other motor vehicles principally designed for the transport of persons, motor vehicles for the transport of goods and special purpose motor vehicles, n.e.s. (excl. those for the industrial assembly of certain motor vehicles of subheading 8708.50.20, for non driving axles and of closed die forged steel) 87085099

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

Top Global Markets for import Ac And Dc Drive to India in 2020-2021 (Apr-Nov)

S.NO. Country Quantity of import import value of Ac And Dc Drive
import Ac And Dc Drive to India from Germany 1209480 22.77
import Ac And Dc Drive to India from China 3477580 19.46
import Ac And Dc Drive to India from Singapore 147730 11.59
import Ac And Dc Drive to India from Thailand 818100 10.3
import Ac And Dc Drive to India from USA 570860 8.72
import Ac And Dc Drive to India from Japan 764180 5.47
import Ac And Dc Drive to India from Italy 424180 5.38
import Ac And Dc Drive to India from Rep. of Korea 687040 5.35
import Ac And Dc Drive to India from Sweden 480320 4.85
import Ac And Dc Drive to India from Mexico 41860 2.55

Product wise trends to Import Ac And Dc Drive to India in 2020-2021 (Apr-Nov)

S.NO. Code Name Quantity of import import value of Ac And Dc Drive
87085000 Drive axles with differential w/n providedwith other transmission components 8653470 72.53
86071200 Bogies and driving bissel-bogies for railway or tramway locomotives or rolling stock (excl. driving bogies) 254830 11.53
86071100 Driving bogies and bissel-bogies for railway or tramway locomotives or rolling stock 176260 2.85

Import Duty for Electric inverter under HS CODE 85044010

HS Code 85044010
Description Electric inverter
Customs Duty (%) 10%
IGST 18%
Compensation Cess 0%
Specific Duty (%) Not Applicable
Pref Duty (%) Not Applicable
Total Duty (%) 29.8%
Import Policy

Import Duty for Other under HS CODE 85044090

HS Code 85044090
Description Other
Customs Duty (%) 10%
IGST 18%
Compensation Cess 0%
Specific Duty (%) Not Applicable
Pref Duty (%) Not Applicable
Total Duty (%) 29.8%
Import Policy

Import Duty for Other under HS CODE 85049090

HS Code 85049090
Description Other
Customs Duty (%) 10%
IGST 18%
Compensation Cess 0%
Specific Duty (%) Not Applicable
Pref Duty (%) Not Applicable
Total Duty (%) 29.8%
Import Policy

Import Duty for For A Voltage Not Exceeding 1 000 V under HS CODE 85371000

HS Code 85371000
Description For A Voltage Not Exceeding 1 000 V
Customs Duty (%) 10%
IGST 18%
Compensation Cess 0%
Specific Duty (%) Not Applicable
Pref Duty (%) Not Applicable
Total Duty (%) 29.8%
Import Policy

Import Duty for Other under HS CODE 85389000

HS Code 85389000
Description Other
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 Ac And Dc Drive to India?

Germany, China, Singapore, Thailand, USA are the major exporters of Ac And Dc Drive to India.

Describe Ac And Dc Drive import industry in India?

Ac And Dc Drive import industry in India is worth 110.58 USD Million in India in 2020-2021 (Apr-Nov). There are total of 52 countries from where India import’s quantity of Ac And Dc Drive.