India’s Position in the World Trade Market: Comparison with other Countries

  • P.Lavanya
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  • P.Lavanya

    Advocate at Madras High Court, India

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Abstract

India today stands as a trillion economy. Indian trade history is remarkable. Indian trade has benefited and so has the world. The country has realized that at the end of the day, maximizing use of one’s own resources is what makes all the difference. Now India is one of the fastest developing Nation in the World Trade Market. Darjeeling tea, Indian khadi cotton, Kashmiri carpets, Indian spices and dry fruit are just a few of the famous gifts India has given to the world. The economic levels have improved in the urban and semi-urban areas. Literacy is penetrating deep in to even the far reach areas, thus creating awareness and to higher consumption patterns for all kinds of goods across all sections of the society. Promoting the availability of goods from different parts of the world has seen a rise in more trade with other countries.

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Research Paper

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International Journal of Law Management and Humanities, Volume 5, Issue 1, Page 247 - 257

DOI: https://doij.org/10.10000/IJLMH.112463

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This is an Open Access article, distributed under the terms of the Creative Commons Attribution -NonCommercial 4.0 International (CC BY-NC 4.0) (https://creativecommons.org/licenses/by-nc/4.0/), which permits remixing, adapting, and building upon the work for non-commercial use, provided the original work is properly cited.

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