Performance Analysis of Indian Exports

By

ACKNOWLEDGEMENT

I would take this opportunity to thank my research supervisor, family and friends for their support and guidance without which this research would not have been possible.

DECLARATION

I, [type your full first names and surname here], declare that the contents of this dissertation/thesis represent my own unaided work, and that the dissertation/thesis has not previously been submitted for academic examination towards any qualification. Furthermore, it represents my own opinions and not necessarily those of the University.

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ABSTRACT

The research study has been conducted to analyze the export performance in India. The exports performance of India has been improved significantly in the past few years. There have been found out various factors that affected the export performance of the country. The liberalization of the trade policy has been proved to be an important factor in enhancing the exports level in the economy. The trade policy was liberalized in the year 1991 by the government authorities in order to improve the economic conditions of the country. The real depreciation of the Indian rupee made the Indian commodities cheaper at world level. It enhanced the level of exports in the country. Similarly, the Foreign Direct Investment also enhanced the investment level in the economy. The small and medium enterprises invested the capital of international investors and raised the production level in the economy. The quality was mainly focused by the producers in order to raise the profits of the investors. Thus, the foreign direct investment is one of the main reasons of increasing the exports level in the economy. The demand for the Indian products has been raised by the government authorities at both domestic and international level. The main reason for the increase in exports is the improvement in the quality of products. The research study has undertaken significant information about the major export commodities, major export partners and the competing emerging economies of the world.

TABLE OF CONTENTS

ACKNOWLEDGEMENTII

DECLARATIONIII

ABSTRACTIV

CHAPTER 1: INTRODUCTION1

Background of the study1

Aims and Objectives4

Problem Statement4

Significance of the study4

Rationale of the study6

Research Questions6

CHAPTER 2: LITERATURE REVIEW9

Liberalization Policy11

Liberalization Policy in India14

Export Theories16

SMEs and Exports Policy18

Internationalization Theory19

Internationalization Process20

Economic Growth21

Inflation Outlook22

Recent Developments in Inflation22

Exchange Rates Outlook23

Recent Developments in Exchange rates24

Economic Policy for Services and Manufacturing Sectors25

Gaps in the Literature Review26

Conclusion27

CHAPTER 3: METHODOLOGY29

Theoretical Analysis of the Qualitative Study29

Disadvantage of Quantitative Research31

Research Process31

Research Methods32

Rationale for a Qualitative Study32

Research Approach33

Sources of Data Collection33

Secondary Data34

Interview Questions34

Length of Interviews35

Characteristics of Specific Exports Sector Chosen36

Data Analysis37

Validity37

Pitfalls of Qualitative Research Method38

Mediating Pitfalls of Qualitative Study38

Limitations of the Research Study39

Rajesh Exports Limited39

Varun Industries Limited42

CHAPTER 4: DISCUSSION AND FINDINGS44

Discussion44

Performance of Indian Exports44

Factors Giving Rise to Indian Exports44

Trade Policy of India45

Contribution of Different Sectors in Indian Exports47

Trends in Indian Exports49

Findings of the Interview Questions50

SWOT Analysis of Indian Economy52

Strengths52

Weaknesses52

Opportunities53

Threats53

PEST Analysis of Indian Exports54

Summary of Findings57

CHAPTER 5: CONCLUSION58

Research Contributions60

Recommendations for Further Research60

REFERENCES62

APPENDIX71

CHAPTER 1: INTRODUCTION

Background of the study

The export policy is an important decision for the economic growth of any country. The trading policy affects the trade level of the country in several aspects. The exports are one of the most important ...