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SynopsisIndia's exports are expected to grow by around 12%, resulting in a global export share of around 4% by 2030, or $1.6 trillion. However, weak global growth in the medium term, further supply chain fractures, and rising protectionism could challenge the strategy. India has been a key beneficiary of the "China+1" strategy, with the tech-intensity of exports gradually increasing.
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Benefits of Export Trade: benefits of international tradeIncreased revenues. ...Decreased competition. ...Longer product lifespan. ...Easier cash flow management. ...Better risk management. ...Benefiting from currency exchange. ...Access to export financing. ...Disposal of surplus goods.
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