India’s imports from the Latin American region have increased from US$ 593.71million in 1996-97 to US$ 2409.43million in 2005-05 registering a growth of 305%

           India imports large quantities of metalliferrous ores & metal scrap, non-ferrous metals, other crude minerals, chemicals, plastic materials and project goods from Latin American countries. Our analysis reveals that there is considerable scope for further increasing imports of these products from the Latin American region.