Abstract: 
The main purpose of the paper is to analyze the structural changes in India’s direction of import during new trade policy since 1991 within the framework of WTO. The period of study is 1987:88 – 2014:15. The paper used the dominance pattern, ranking technique, mobility and turnover, concentration ratio and growth rate technique as research methodology for analysis of the paper. The paper found that USA has been at the top in exporting of goods and services to India.. Top five countries are exporting to India more than one-half of India’s import. Saudi Arabia and China are Asian Countries in top five countries. China and Russia within BRICS grouping are exporting around 10 percent to India. India’s import from SAARC countries is almost negligible. However, world level concentration ratio of India import direction is low. Growth rate of concentration ratio is low, negative and statistically significant. This is favourable for India because this may be possible because India deliberately simplifying her import procedures and adding new trading partners for import at competitive price. In general, USA is top exporting country to India. India needs to diversify her import direction on bilateral basis from SAARC and other Asian, African and South American counties. This will lead to increase India absorption capacity of global shock and recession such as global financial crisis in 2008 and reduce dependence on few developed countries.
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Author: 
Manoj Kumar Sinha
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