Abstract: The paper focuses on the changes in the economic performance of the country before and after globalization. The paper shows the graph of import and export rates of the past 20years in order to draw analysis and conclude the changes in the development of export and import in the country. The economic reform was introduced in India in the year 1991 since then the Indian economy has gradually moving ahead and becoming one of the great economic countries since then. The objective of implementing Globalization was to strengthen the Indian trade with the foreign countries, the removal of barriers and free import and export. The policy concentrated mainly on the liberalization of capital products and industryoriented imports to promote national and export-oriented development. The paper focuses on the Globalization, Indian foreign trade. The analysis includes the study of last 20 years Exports and Imports of top 5 countries and the Government of India responses of trade and investment policies of the Government of India.
Keywords: Globalization, Imports, Exports, Foreign Trade, Balance of Trade.
Title: INDIA: IMPACT OF GLOBALIZATION
Author: Kritika Pathak, Divya MV
International Journal of Management and Commerce Innovations
ISSN 2348-7585 (Online)
Research Publish Journals
