Its not entirely correct to say that India's export
markets are largely limited to developed countries, but than its not wrong as
well.
Worldwide the countries which are developed today,
they went about development in a logical pattern which can be well
understood.
But India is an exception, normally a country
makes a robust development in primary sector, then in manufacturing or secondary sector,
and then it jumps to tertiary sector boom, but India is a country which exports software
and imports onion, you might not be amused by this, but while reading this you have to
keep in mind that India is a country where still 70% population finds their bread and
butter from agriculture and allied activities.
So if
agrarian economy cannot export agricultural product, than what else can you sell, and
whatever you sell you cannot expect the people from Zimbabwean or Kenya to being able to
afford that, so of course only developed country can be your
customers.
Having said all this, i must tell you that
India's export market is in underdeveloped countries too, for example India is exporting
paper, Mettle, Sugar, Rice, Hard board, Glass and so many other product the African
nations.
No comments:
Post a Comment