Performance of Indian Exports in the Post Reforms Period
| Vol-3 | Issue-04 | April 2018 | Published Online: 02 April 2018 PDF ( 602 KB ) | ||
| Author(s) | ||
Dr. Archana Fulwari
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1Assistant Professor, Department of Business Economics, Faculty of Commerce, The Maharaja Sayajiro University of Baroda, Vadodara, Gujarat (India) |
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| Abstract | ||
India has come a long way from being an exporter of primary goods to a richer composition of its export basket. Although in terms of share in world trade, India has much to desire, 25 years of reforms offers a sufficient length of time to take stock of its export performance. In these 25 years, global dynamics have changed a lot. Global business and trade have taken unexpected twists and turns. In recent years, there has been a growing spirit of nationalism which has created new forms of barriers for trade, such as the high tariffs imposed on finished goods. This has led to increased activity on the direct investment front. Given these changes, India may not be able to scale heights in world trade on the back of old paradigms. New insights and strategies would be required to position the country on the global map. In this context, it would be worthwhile to examine how Indian exports have performed in the era of reforms. This would insight into what sort of policies need to be adopted to improve the performance of India in global business. |
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| Keywords | ||
| Global business, tariffs, liberalization, GDP | ||
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