A Study on Effect of Exchange Rate, Cpi and Imports on Indian Export to Us for Textiles, Precious Stones and Pharmaceuticals
India-US Trade Relations (Synopsis)
The scope of the project aims to analyze the bilateral trade relations between India-US. Indian and USA’s governments are currently pursuing a “strategic partnership” based on numerous overlapping interests and improved economic and trade relations. India is in between a rapid economic expansion, and many US companies view India as a potential market for foreign investment. US have the highest market share (11.82%) of Indian exports and ranks 4th in the list of importers having a market share of 5.19% in the year 2012-13. The bilateral trade has increased from $5.6 billion in 1990, to $62.9 billion in 2012 representing an impressive 1023.2% growth in a span of 22 years. India’s exports to the US grew from $12.84 billion during the period January- April 2012 to $13.74 billion during the period January- April 2013 whereas US exports of merchandize to India grew by 4.36% from $6.54 billion during the period January- April 2012 to $6.82 billion during the period January- April 2013.
The key areas of our research will be as follows, where the methodology of Regrerssion Analysis will be used for scrutinizing the data :
• Export: Textiles, precious stones & metals, pharmaceutical products, mineral fuel, oil, organic chemicals, machinery, iron & steel products,gum, raisins
• Import: Precious stones & metals, machinery, electrical machinery, optical instruments and equipments, mineral ful & oil, aircraft & spacecraft parts, organic chemicals, miscellaneous chemical products
• Affecting Factors: The various factors that influence the trade relations between India and US are: o Indian Government’s regulatory policies o Exchange rate of currencies o Outsourcing policies of US o Political environment of both the countries.
-Section A, Group 7
# Names of the Group Members Group
Representative
1 Rishabh Kapoor Name: Rishabh Kapoor Mob No.: 9953106674
Email Id: rishabhkapoor100@gmail.com
2. Dheeraj Kumar Tripathi
3.
The scope of the project aims to analyze the bilateral trade relations between India-US. Indian and USA’s governments are currently pursuing a “strategic partnership” based on numerous overlapping interests and improved economic and trade relations. India is in between a rapid economic expansion, and many US companies view India as a potential market for foreign investment. US have the highest market share (11.82%) of Indian exports and ranks 4th in the list of importers having a market share of 5.19% in the year 2012-13. The bilateral trade has increased from $5.6 billion in 1990, to $62.9 billion in 2012 representing an impressive 1023.2% growth in a span of 22 years. India’s exports to the US grew from $12.84 billion during the period January- April 2012 to $13.74 billion during the period January- April 2013 whereas US exports of merchandize to India grew by 4.36% from $6.54 billion during the period January- April 2012 to $6.82 billion during the period January- April 2013.
The key areas of our research will be as follows, where the methodology of Regrerssion Analysis will be used for scrutinizing the data :
• Export: Textiles, precious stones & metals, pharmaceutical products, mineral fuel, oil, organic chemicals, machinery, iron & steel products,gum, raisins
• Import: Precious stones & metals, machinery, electrical machinery, optical instruments and equipments, mineral ful & oil, aircraft & spacecraft parts, organic chemicals, miscellaneous chemical products
• Affecting Factors: The various factors that influence the trade relations between India and US are: o Indian Government’s regulatory policies o Exchange rate of currencies o Outsourcing policies of US o Political environment of both the countries.
-Section A, Group 7
# Names of the Group Members Group
Representative
1 Rishabh Kapoor Name: Rishabh Kapoor Mob No.: 9953106674
Email Id: rishabhkapoor100@gmail.com
2. Dheeraj Kumar Tripathi
3.