India’s Foreign Trade Policy

India’s foreign trade:
Trends in exports: export of principal commodities from India, import of principal commodities in India, Composition of India’s foreign trade, Direction of India’s foreign trade, Problems faced by Indian exporters

Export promotion organizations:
Introduction, Role and Objectives of Export promotion councils (EPCs), commodity boards (CBs), Export Inspection councils (EICs), Indian Trade Promotion Organizations (ITPO), Indian institute of foreign trade (IIFT), Indian institute of packaging (IIP), Indian council of Arbitration (ICA), federation of Indian export organization (FIEO), export processing Zones(EPZ), export oriented units(EOU), Special economic Zones(SEZ)

Globalization:
Drivers of globalization, globalization of markets, globalization of production, globalization of investment, globalization of technology. Advantages and disadvantages of globalization, globalization policy issues

Globalization and India:
New economic policy - introduction, objectives. Measures towards globalization.
Foreign Direct Investment - Meaning, forms of FDI, factors influencing FDI, Reasons for FDI, Costs and benefits of FDI. Trends in FDI, FDI in India and its impact.

Trade prospects of selected commodities from India:
Textiles and Garments, Gems and Jewellery