In this work the author focuses on the prospects of gems and jewellery as a potential source of export earnings in India and the problems and constraints it may encounter.
The assimilation of the Indian economy through the twin channels of trade and capital flows has been accelerated in the wake of globalization. Unrestricted international trade maximises the flow of goods and services, accumulates income, builds capital and supplies required inputs for industrialization among the participating countries. Moreover, such trade results in facilitating more diffusion of knowledge, enhances efficiency of inputs which transforms into manufactured outputs and consequently paves the way for economic development.
Inhaltsverzeichnis (Table of Contents)
- Abstract
- Backdrop
- India's foreign Trade
- Gems & jewellery export in India
- Review of literature
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This study examines the export performance of gems and jewellery in India, analyzing its role in the country's economic development and the challenges it faces. The study uses secondary data sources to provide a comprehensive assessment of the sector.
- The impact of globalization on India's trade and economic development
- The role of gems and jewellery as a potential source of export earnings in India
- The challenges and constraints faced by the gems and jewellery sector in India
- The global market for gems and jewellery and India's position within it
- Export facilitation measures implemented by the Indian government for the gems and jewellery sector
Zusammenfassung der Kapitel (Chapter Summaries)
- Abstract: This section introduces the study, highlighting the importance of trade and capital flows in accelerating economic integration, particularly in the context of globalization. The study focuses on the export potential of gems and jewellery in India and the challenges it faces.
- Backdrop: This section examines the impact of globalization on India's economic development and the role of international trade in promoting economic growth. It presents opposing views on the effects of trade liberalization policies on developing countries and the potential benefits of free trade.
- India's foreign Trade: This section provides an overview of India's foreign trade performance, analyzing export and import figures, trade balance, and the major export items and partners. It discusses the challenges faced by India in maintaining a favorable trade balance.
- Gems & jewellery export in India: This section explores the significance of the gems and jewellery sector in Indian culture and economy. It highlights the sector's role as a major foreign exchange earner and examines the manufacturing process, global competition, and the sector's growing popularity.
Schlüsselwörter (Keywords)
This study explores key concepts including trade and development, gems and jewellery, global market, export destinations, globalization, trade liberalization, economic growth, foreign exchange earnings, export performance, and the challenges faced by the gems and jewellery sector in India.
- Quote paper
- Professor S. N. Tripathy (Author), 2019, Jewellery as a potential source of export earning in India, Munich, GRIN Verlag, https://www.hausarbeiten.de/document/496186