ISSN: 2319-7285
Rashmi Taneja
Merchandise exports from India have exhibited a perceptible change over a period of time. This is evident with the fact that exports were almost insignificant until the initiation of trade reforms in 1991. But, after the commencement of reforms exports started rising gradually. In 1991-92 India’s exports stood at $20 billion which increased to $45 billion in 2001-02 and increased to $ 302 billion in 2011-12. Besides changes in volume, India’s exports have also experienced transformation in its composition and direction over the period of two decades. The study aims to analysis these changing trends in India’s exports volume, composition and direction during last two decades .To conduct the study secondary data is collected from several government reports – Handbook of Statistics on Indian Economy, RBI, Economic Survey, EXIM reports etc. The study will enable to determine the significant changes occurred in the last decade of reforms as compared to the first decade of reforms and also analyze the impact of global crisis in recent years