A Decade of Trade Reforms in India: How it compares with East Asia
Ramkishen S. Rajan &
Rahul Sen
Published: December 2002
This paper summarises recent trade reforms in India and documents the extent
to which the country has integrated with the global trading system. The paper
argues that India has made important strides since the initiation of reforms in
1991. Although it lags significantly behind most of East Asia in terms of
manufacturing exports, as part of India’s newfound global orientation, trade in
services has taken on a key role, constituting over a quarter of India’s total
exports in the last few years. Within the services sector, the Information and
Communications Technologies sector is of particular relevance.