INTRODUCTION TO INDIA’S FOREIGN TRADE

Paper Code: 
FTM-102
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

Course Outcomes (COs):

              

Course Outcomes

Learning and teaching strategies

Assessment Strategies

  
 

CO1.     :To Evaluate the India’s Foreign Trade

CO2.     To provide the overview of different Export Promotion Organizations

CO3.     To appraise the characteristics of Globalization

CO4.     To Understand the applied concepts of trade investments

CO5.     To Comprehend the different export sectors of India

 

 

 

 

 

Approach in teaching:

Interactive Lectures, Discussion, Tutorials, Reading assignments, Practical Cases, Power point presentation and Solving Questions.    

 

Learning activities for the students:

Self learning assignments, Effective questions, Seminar presentation, Giving tasks, Live practical problems analysis

 

Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Presentation, Individual and group projects.

  

 

8.00
Unit I: 
India’s foreign trade:

Trends in exports: Volume & Composition of India’s foreign trade, Direction of India’s foreign trade

10.00
Unit II: 
Export promotion organizations:

Need of Export Promotion, 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)

8.00
Unit III: 
Globalization

Drivers of Globalization, Globalization of markets, Globalization of production, Globalization of investment, Globalization of technology.

10.00
Unit IV: 
Foreign Investments:

Types of Foreign Investment, Foreign Portfolio Investment, Foreign Direct Investment - Meaning, forms of FDI, factors influencing FDI, Reasons for FDI, Costs and benefits of FDI.

9.00
Unit V: 
Trade Prospects of Different Commodities of India:

Handicraft, Gems & Jewelry, Textile Organic Food, Plastic Products, Herbal Medicine

Essential Readings: 

• P Subba Rao: International Business (Text and Cases), Edition 4, Himalya Publication House, Mumbai.

• Jain & Singh, Modern International Business, Regal Publications 2021, New Delhi.

References: 

Reference Books:

• India’s Foreign Trade: IGNOU Module, IBO – 03.

• Thakur & Mishra : International Business: Concepts And Techniques, Deep & Deep Publications

E-RESOURCES:

• International Business, Hill, McGraw Hill Education https://www.expresslibrary.mheducation.com/bookshelf

• International Business, Aswathappa, McGraw Hill Education https://www.expresslibrary.mheducation.com/bookshelf

JOURNALS:

• Foreign trade review

• International trade journal

ACADEMIC YEAR: 
2022-2023
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