Imports and Exports of India A Focus on India's Global Trade in Resources and Pharmaceuticals A Vijay Venkat Sai Kumar Lovely Professional University, Phagwara, Punjab
Introduction to India's Trade • Briefly introduce India's role in global trade. • India's diverse economy. • Strategic importance in global supply chains.
Overview of India's Exports • Key Exports: - Pharmaceuticals - Textiles - IT services - Agricultural products • Include recent data on export volumes.
Overview of India's Imports • Key Imports: - Crude oil - Electronics - Machinery - Chemicals • Include recent data on import volumes.
Case Study: India's Role in Global Pharmaceuticals • Example: India as a key exporter of pharmaceutical ingredients (APIs). • Other countries import APIs from India to manufacture medicines. • Contribution to global healthcare.
Comparative Analysis: India's Trade with Major Partners • Countries: USA, China, EU, Japan • Focus: Trade balance, key import/export categories with each partner.
Benefits and Challenges of India's Trade • Benefits: - Economic growth - Employment generation - Global influence • Challenges: - Trade deficits - Dependency on imports for critical sectors
Government Initiatives and Policies • Initiatives: Make in India, Atmanirbhar Bharat, PLI Scheme • Impact: How these initiatives are shaping India's trade dynamics.
Future Outlook • Trends: Emerging markets, diversification of export markets. • Opportunities: Digital trade, renewable energy exports.
Conclusion • Recap the importance of imports and exports in India's economy. • India's potential to become a global trade leader.