Why India failed to develop a strong export sector? - Vidyadip

Question

Why India failed to develop a strong export sector?

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Answer

India failed to develop a strong export sector until the mid 1980s because of its 'inward looking trade strategy i.e. focus on import substitution. Protection from foreign competition was the major reason why India failed to develop a strong export sector. This was for the sake of achieving self-reliance.

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