Exploring the Impact of COVID-19 on India’s Foreign Trade

Abstract

This research paper will explore the impact of the COVID-19 pandemic on India’s foreign trade. The study will analyze the impact of the pandemic on the trade in goods and services in India. The study will also explore the policy implications of the pandemic on India’s trade. Data from the Ministry of Commerce and Industry, Reserve Bank of India, World Bank, and other sources will be used to measure the impact of the pandemic on India’s foreign trade. The study will also analyze the impact of the pandemic on India’s export and import partners. The paper will provide an overview of the current trends in India’s foreign trade and discuss the potential policy options to mitigate the impact of the pandemic. The study will also assess the potential effects of the pandemic on India’s economic growth and development. Finally, the paper will conclude by providing policy recommendations to ensure sustained economic growth in India.