Increase in Indian export till $300 billion in last one year

Indian economy is trying to recover in the second quarter of the financial year by less than 5%. The government has some initiatives for the economic growth of the country and increase the export of the country. Trade stimulation programs are also been conducted to enhance the growth of the country. India is a developing country and growing with the rate of 6.6% per annum but the growth rate has slowed down in the month of august which is declared by the ministry of India. Several surveys have also been taken place to analyses the future growth rate but still, the result is the same for the growth forecasted by the economists.

The inflation rate of the country is also increasing by 3%, the most important and the fastest growing sector of the Indian economy is services. Trade, hotels, transport and communication; financing, insurance, real estate, and business services and community, social and personal services account for more than 60 percent of GDP. Part of the reason for India’s success is the economic liberalization that started in 1991and encouraged trade subsequently ending some public monopolies. There are so many policies of the government which affected the growth rate of the country and all the analysis is done on the basis of the data. The Indian export data and India Import data will help to analysis that what is a percentage of the growth of the country also what will be the future demand and supply of the product in the market.

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