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An Exploratory Study Of Indian Foreign Trade

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  • Rajesh K PILLANIA

Abstract

Indian economy and foreign trade are on a growth trajectory. Indian exports have come a long way in value terms from the time of gaining independence in 1947. The total value of India�s merchandise exports increased from US $ 1.3 billion in 1950-51 to US $ 63.8 billion in 2003-04 � a compound rate of 7.6 per cent. Trade growth has picked up post liberalization of 1991. The composition of trade is now dominated by manufactured goods and services. India services exports share in global exports is more than double of that of Indian manufacturing exports. East Asian countries, particularly China have become a major trading block. There is huge untapped potential for Indian foreign trade in years to come.

Suggested Citation

  • Rajesh K PILLANIA, 2008. "An Exploratory Study Of Indian Foreign Trade," Journal of Applied Economic Sciences, Spiru Haret University, Faculty of Financial Management and Accounting Craiova, vol. 3(3(5)_Fall), pages 281-292.
  • Handle: RePEc:ush:jaessh:v:3:y:2008:i:3(5)_fall2008:p:281-290
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    References listed on IDEAS

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    1. Sanjay Kathuria, 1996. "Export Incentives: The Impact of Recent Policy Changes in India," Indian Economic Review, Department of Economics, Delhi School of Economics, vol. 31(1), pages 109-126, January.
    2. Jagdish N. Bhagwati & T. N. Srinivasan, 1975. "Foreign Trade Regimes and Economic Development: India," NBER Books, National Bureau of Economic Research, Inc, number bhag75-1, January.
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    Cited by:

    1. Edurkar, Ashok & Chougule, Dr.Dattatrya G., 2016. "Review of Allocation of Advances by Foreign Banks operating in India to Exports & Small Scale Sector (SSI) during 2006-2010," MPRA Paper 73421, University Library of Munich, Germany, revised 30 Aug 2016.

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