§ 25. Lieut.-Commander Maydonasked the President of the Board of Trade what steps Her Majesty's Government have taken in the last seven years to increase trade between the United Kingdom and India and what success these measures have achieved.
§ Sir D. EcclesWe have kept our market open to Indian goods and given India substantial financial aid. As a result our exports to India increased from £114 million in 1952 to £160 million last year.
§ Lieut.-Commander MaydonCan my right hon. Friend say whether our trade with India follows the traditional pattern of the exchange of raw materials and consumer goods, or whether it tends more, today, to the supply of capital goods to India?
§ Sir D. EcclesIndian import licensing is fairly strict on consumer goods. Capital goods form the largest proportion of our trade with India.