What are benefits of international trade to Indian economy?

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2026-03-11 05:50

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International trade offers several benefits to the Indian economy, including increased access to foreign markets, which can enhance export opportunities for Indian goods and services. This can lead to economic growth, job creation, and higher income levels. Additionally, trade allows India to access a wider variety of products and technologies, fostering innovation and competitiveness. Furthermore, it helps in attracting foreign direct investment, which can boost infrastructure development and overall economic stability.

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