Impact of exports on GDP of India: An econometric study

Today, Economies are mainly concerned with intensifying the quality of life of their citizens which is ensured by the macro-economic prosperity, which is further secured by a rise in the Gross Domestic product (GDP). The objective of the paper is to understand in depth the direction, volume and composition of India's exports and to highlight the impact of India's exports on its GDP. In this context, the present paper makes a diffident attempt to highlight the trends and patterns of Indian exports and also analysis its impact on the Indian economic growth. In order to test this relationship empirically, Regression analysis was done between the Exports and GDP. The time series data was collected from 1990 to 2014 and results expose a significant relationship between India's export and economic growth.