INDIA EXPORT AND IMPORT INDO-EU TRADES, CHALLENGES

AND OPPORTUNITIES

India is an important trade partner for the EU and an emerging global economic power. The country combines a considerable and growing market of more than 1 billion people.

The value of EU-India trade grew from €28.6 billion in 2003 to €79.9 billion in 2011.

EU investment in India more than tripled between 2003 and 2010: going from €759million in 2003 to €3 billion in 2010. 

Trade in commercial services tripled during the same time period, going from €5.2billion in 2002 to €17.9 billion in 2010.

Introduction

To study and analyze the current trade relation between India and EU.

To study the various opportunity in Indo-EU trade. To study the challenges and obstacles in Indo-EU

trade

Objectives of the Study

 The research will be descriptive. The research will include the

data collection on the basis of secondary sources  1. Research Reports 2. Journals 3. White paper4. Related Articles 5. Exports statistics 6. Foreign Trade Policy 7. Other sectors updates & reforms

Research Methodology

In addition to the general points to improve economic growth, and in the WTO negotiations more helpful attitude of some of the specific measures, the EU could take to improve their future economic partner,

Raise the strict division of the government’s visa and work permit Indian students and professionals in Europe and the second wanted to " make the euro work.

Challenge

2008 2009 2010 2011 20120

50

100

150

200

250

300

350

Imports + Export India with EUImports + Export with Export india with world india

India overall trade with the World and the EU (in Million)

Year

2008 2009 2010 2011

FDI outflows to India

1.6 2.5 2.5 10.9

FDI outward stocks in India

9.1 11.1 13.4 24.4

FDI inflows from India

9.8 12.7 12.6 11.3

FDI EU – India (in billion)

2008 2009 2010 20110

5

10

15

20

25

30

FDI outflows to IndiaFDI outward stocks in IndiaFDI inflows from India

Indicator 2009-10 2010-11 2011-12

Gross capital formulation

32.2 35.5 35.9

Public Sector 6.9 7.6 7.8

Private Sector 23.4 25.8 27.0

Gross fixed capital

28.4 31.0 32.5

Series10

20

40

60

80

100

120

2011-122010-112009-10Indicator

Gross capital formulation % of GDP

2009-10 2010-11 2011-12 2012-13 2013-14

288,373

369,769

489,319 490,737

408,997

India's Imports 2009-10 to 2013-14 (us $ Million)

India’s imports

Annual GDP Growth Rate at Factor CostYEAR GDP Growth

2008-09 8.3%

2009-10 6.7%

2010-11 8.7%

2011-12 7.6%

2008-09 2009-10 2010-11 2011-120.00%

1.00%

2.00%

3.00%

4.00%

5.00%

6.00%

7.00%

8.00%

9.00%

10.00%

GDP Growth Rate

GDP Growth Rate

  As the research will be the secondary data based so that is

tentatively variable with the actual scenario The most recent data involved in study is 1-5 year old

depending various surveys by various statistical organization

Data accumulation in study will be the first hand collection through web search as no previous basis for data is available

 

Limitations of the Research

Clear the pathways for FDI inflow into India.  Address the European attitude problem. Improve Indian productivity and efficiency. Control Indian overseas investment. Address the problem of innovation in Europe Simplify the Indian regulatory environment Infrastructure. Simpler foreign ownership and lower tariff structure in India. Provide a single window clearance for EU investors. Increase mutual transparency in investment regulations &

guidelines: Repair the European visa regime in India

Recommendations

Europe and India are partner’s important regional and global players and the world's largest two autonomous entities is an important form.

India and the EU strengthen through the signing of "strategic cooperation agreement" economic relations.

EU and India have signed more than a few joint agreements. These agreements make existing a good base for raising a severe and institutional series that will get better trade support.

The EU is India's growing IT outsourcing industry in India is very important and has a repository - based workers.

 There are already a lot of opportunities for Indian companies, due to the government regulations, language, cultural barriers and social limitations in Europe.

 

Conclusion

The EU is India's growing IT outsourcing industry in India is very important and has a repository - based workers.