Comparative Study on Imports and Exports of Indian Economy

Abstract

The exports and imports are the basic components of international trade. In the era of globalization, no country can survive without exporting and importing the goods and services because the nations are also divergent in their consumer’s need and technologies, their production scale economic condition and social status and their capacities for growth and development. The exporting and importing has become the compulsory for nations to fulfill the needs of their citizens.The growth and development of a nation also depends upon the exports and imports because exports bring the foreign currency and imports enhance the advancement in functions which leads to development of a country.