Javascript must be enabled to continue!
Assessing India's Export Potential to European Union Markets: Opportunities and Challenges
View through CrossRef
India's trade relationship with the European Union (EU) presents significant opportunities for export growth. The EU is among the largest trading partners of India, having significant potential in terms of goods and services. Competitive pricing, a skilled workforce and an expanding manufacturing ecosystem make India a promising export destination. Of particular promise are textiles, pharmaceuticals, IT services and engineering goods. Market access also shapes India’s export strategy alongside other trade agreements and policy frameworks. Many opportunities exist, but challenges remain. These include, export competitiveness (which is influenced by regulatory standards and product compliance), tariff barriers etc. Inefficiencies in logistics and supply chain also pose challenges for Indian exporters. Geopolitical implications such as trade policies and economic volatility influence the stability of the markets. India's export potential can be enhanced with strategic interventions. Key priorities include strengthening trade negotiations, improving infrastructure, and generating opportunities for SMEs to engage in export-oriented sectors. New entry channels may emerge through digital trade platforms and e-commerce. India must meet and conquer such challenges and work with opportunities that will enable it to have more foothold in the EU markets, thereby fostering sustained trade momentum between the two regions. A sample of 230 people from export sector were surveyed to know the factors that determines India's Export Potential to European Union Markets and found that Diversified Market, Tariff & Non-Tariff Barriers, Regulatory Barriers, and Digital Services Growth are the factors that shows India’s export potential.
Science Research Society
Title: Assessing India's Export Potential to European Union Markets: Opportunities and Challenges
Description:
India's trade relationship with the European Union (EU) presents significant opportunities for export growth.
The EU is among the largest trading partners of India, having significant potential in terms of goods and services.
Competitive pricing, a skilled workforce and an expanding manufacturing ecosystem make India a promising export destination.
Of particular promise are textiles, pharmaceuticals, IT services and engineering goods.
Market access also shapes India’s export strategy alongside other trade agreements and policy frameworks.
Many opportunities exist, but challenges remain.
These include, export competitiveness (which is influenced by regulatory standards and product compliance), tariff barriers etc.
Inefficiencies in logistics and supply chain also pose challenges for Indian exporters.
Geopolitical implications such as trade policies and economic volatility influence the stability of the markets.
India's export potential can be enhanced with strategic interventions.
Key priorities include strengthening trade negotiations, improving infrastructure, and generating opportunities for SMEs to engage in export-oriented sectors.
New entry channels may emerge through digital trade platforms and e-commerce.
India must meet and conquer such challenges and work with opportunities that will enable it to have more foothold in the EU markets, thereby fostering sustained trade momentum between the two regions.
A sample of 230 people from export sector were surveyed to know the factors that determines India's Export Potential to European Union Markets and found that Diversified Market, Tariff & Non-Tariff Barriers, Regulatory Barriers, and Digital Services Growth are the factors that shows India’s export potential.
Related Results
Export concentration and diversification impact on economic growth in the developed and developing countries of the world
Export concentration and diversification impact on economic growth in the developed and developing countries of the world
There is much evidence that export diversity has a positive effect on economic growth, but there is some evidence that the concentration of exports may be also related to economic ...
METHODICAL APPROACHES TO THE EXPORT POTENTIAL ESTIMATION OF AGRICULTURAL ENTERPRISES
METHODICAL APPROACHES TO THE EXPORT POTENTIAL ESTIMATION OF AGRICULTURAL ENTERPRISES
Introduction. The lack of a unified methodology of the export potential assessing of agro-industrial enterprises poses some difficulties in the activities of export-oriented econom...
Why Do Indians Experience Less Happiness Than Pakistanis?
Why Do Indians Experience Less Happiness Than Pakistanis?
This study explores the enigma of happiness inequality between India and Pakistan, despite India’s economic prowess. Employing inequality regression models, the study pinpoints cru...
Smoothbore Flexible Riser for Gas Export
Smoothbore Flexible Riser for Gas Export
Abstract
This paper describes the development of a novel design of smoothbore riser for dry gas applications. It has been developed for use on the Statoil operate...
British Food Journal Volume 35 Issue 5 1933
British Food Journal Volume 35 Issue 5 1933
The Fruit Control Act, 1924, is an important one as it provides for the establishment of a Fruit Control Board, and is described as an “Act to make Provision for Control of the Fru...
The Effect of Export on R&D Cost Behavior: Evidence from Korea
The Effect of Export on R&D Cost Behavior: Evidence from Korea
Purpose - This research intends to find out whether R&D cost stickiness shows differentiated aspects depending on exports in Korea. A cost behavior that indicates a lower rate ...
Evaluation of the Convergence of International Markets for Agricultural Enterprises of Ukraine under International Diversification Conditions
Evaluation of the Convergence of International Markets for Agricultural Enterprises of Ukraine under International Diversification Conditions
It is proposed the classification of indicators of convergence assessment of international markets for determining their marketing attractiveness for the enterprise, which includes...
An empirical study on the lead-lag relationship between individual share futures and spot markets: focused on NHN and GS Construction futures
An empirical study on the lead-lag relationship between individual share futures and spot markets: focused on NHN and GS Construction futures
This study tests the lead-lag relationship between spot and futures markets of NHN and GS construction company. We introduced the daily near by futures price and spot price of the ...

