ANALYSIS OF INTERNATIONAL TRADE IN INDIA POST COVID-19

Abstract

Amidst the unprecedented challenges posed by the COVID-19 pandemic, the global economy witnessed profound disruptions, particularly in the realm of international trade. As the world grappled with the economic fallout of the pandemic, India stood at the forefront of navigating the complexities of international trade in a post-COVID-19 landscape. This research endeavour seeks to shed light on the multifaceted impact of the pandemic on India's international trade dynamics and explore strategic pathways for resilience and recovery. Drawing upon a blend of quantitative analysis, policy evaluation, and sector-specific assessments, this study delves into four primary objectives. Firstly, it meticulously assesses the economic ramifications of the pandemic on India's international trade, unravelling shifts in trade volumes, patterns, and macroeconomic indicators. Secondly, it evaluates the efficacy of government policies and interventions aimed at bolstering trade resilience amidst unprecedented disruptions. Thirdly, it scrutinizes sectoral dynamics, discerning the differential impact of the pandemic across various industries and supply chains. Lastly, it endeavours to forecast future trends, offering insights into the trajectory of India's international trade and strategic imperatives for navigating the evolving global landscape. Furthermore, this research explores emerging themes such as supply chain resilience, digital transformation, and geopolitical dynamics, underscoring their significance in shaping India's trade trajectory in the post-pandemic era. By providing a nuanced understanding of the challenges and opportunities inherent in India's international trade landscape, this study aims to inform policymakers, businesses, and stakeholders alike, facilitating informed decision- making and fostering resilience in the face of uncertainty.