India's import-export industry India's import-export industry plays a pivotal role in the country's economic growth and international trade. With a rich cultural heritage and a rapidly growing economy, India has emerged as a major player in the global market. This article provides a comprehensive overview of India's import-export industry, highlighting key dates, business opportunities, and challenges that have shaped its growth trajectory. 1. Historical Background: The roots of India's trading history can be traced back to ancient times when it engaged in lucrative trade with countries along the Silk Road. Over the centuries, India's position as a trading nation continued to strengthen, with spices, textiles, and precious gemstones being highly sought-after commodities. 2. Pre-Independence Era: During the British colonial rule, India's import-export industry largely served British interests. The country primarily exported raw materials and agricultural p...
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