This document discusses trends in India's foreign trade sector following economic reforms introducing liberalization, privatization, and globalization policies from 1991 onward. It aims to analyze the impact of reforms on the volume, composition and direction of India's foreign trade. Key points discussed include trade and industry reforms promoting trade liberalization; India's continued dominant imports of bulk commodities like fuels, ores and metals; and shifts in the direction of India's trade toward East Asian countries under the "Look East" policy. The document examines these trends in India's external trade and concludes the analysis.

1. Dr.Rupali Ahluwalia
(Dept. Of Commerce)
St.Aloysius College(Auto.) Jabalpur
Dr.Rupali Ahluwalia
(Dept. Of Commerce)
St.Aloysius College(Auto.) Jabalpur

2. IntroductionIntroduction
• The aim to present the new trends in India’s
external Sector(Foreign Trade)
• This shall be done by studying the various
dimensions of the Economic reforms of
Liberalization , Privatisation and
Globalisation{LPG} and gauging their impact.
• The new dimensions in the VOLUME,
COMPOSITION and DIRECTION of India’s
Foreign Trade shall be presented.
• The aim to present the new trends in India’s
external Sector(Foreign Trade)
• This shall be done by studying the various
dimensions of the Economic reforms of
Liberalization , Privatisation and
Globalisation{LPG} and gauging their impact.
• The new dimensions in the VOLUME,
COMPOSITION and DIRECTION of India’s
Foreign Trade shall be presented.

3. Indian EconomyIndian Economy

4. ECONOMIC REFORMSECONOMIC REFORMS

5. TRADE AND INDUSTRY REFORMS
ASSOCIATED WITH ECONOMIC REFORMS
TRADE AND INDUSTRY REFORMS
ASSOCIATED WITH ECONOMIC REFORMS
TRADE
POLICY
REFORMS
TRADE
POLICY
REFORMS

10. LOOK
EAST
POLICY
LOOK
EAST
POLICY

13. IMPACT ON INDIA’S EXTERNAL
SECTOR AND FOREIGN TRADE

15. • India’s imports are broadly classified into bulk and non bulk items. The product groups such as food and
allied products, fuel, ores and metals, fertilizers and paper, paper board and pulp fall under bulk
category and the other items constitute the non- bulk category. The import trends show that the bulk
items have been dominant imports for India, both in the pre and post reform period with these items still
constituting the major portion of the national import bill. The episode of import librelisation did not
dramatically alter the trends in imports of bulk items with only marginal changes in terms of decline has
been seen in imports of food and allied products and fertilizers. Thus the commodities in India’s import
basket have not changed much and primarily comprise of import of bulk items the table below clearly
brings to light the same.
• India’s imports are broadly classified into bulk and non bulk items. The product groups such as food and
allied products, fuel, ores and metals, fertilizers and paper, paper board and pulp fall under bulk
category and the other items constitute the non- bulk category. The import trends show that the bulk
items have been dominant imports for India, both in the pre and post reform period with these items still
constituting the major portion of the national import bill. The episode of import librelisation did not
dramatically alter the trends in imports of bulk items with only marginal changes in terms of decline has
been seen in imports of food and allied products and fertilizers. Thus the commodities in India’s import
basket have not changed much and primarily comprise of import of bulk items the table below clearly
brings to light the same.

16. DIRECTION OF TRADEDIRECTION OF TRADE

17. CONCLUSIONCONCLUSION

18. HAVE A GREAT DAY
GOD BLESS