An Exploratory Study Of Indian Foreign Trade
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 Indiaï¿½s merchandise exports increased from US $ 1.3 billion in 1950-51 to US $ 63.8 billion in 2003-04 ï¿½ 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.
Volume (Year): 3 (2008)
Issue (Month): 3(5)_Fall2008 ()
|Contact details of provider:|| Web page: http://www2.spiruharet.ro/facultati/facultate.php?id=14|
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:ush:jaessh:v:3:y:2008:i:3(5)_fall2008:p:281-290. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Laura Stefanescu)
If references are entirely missing, you can add them using this form.