Enhancing India's Economic Growth: Focus on Modern Trade Corridors IMEC & INSTC

Kumari, Sonam (2024) Enhancing India's Economic Growth: Focus on Modern Trade Corridors IMEC & INSTC. Masters thesis, Dublin, National College of Ireland.

Preview

PDF (Master of Science) Download (4MB) | Preview

Abstract

This research explores the effects of the International North-South Transport Corridor and India-Middle East Economic Corridor on the Indian economy and international trade. This research aims to analyse the extent of shifts in India's export and import trends and the consequences of relevant trade accords associated with the corridor initiatives. According to recent study, India's economy as among the fastest growing in the world. To improve India's economic growth and strengthening India's economic connections, the government of India has initiated trade corridors with other nations which connects India to Middle East, Russia, Central Asia, and Europe for reducing time and cost in trade. It also examines how trade is becoming more and more integrated on a global scale and how important infrastructure developments are to reshaping trade routes and economic ties. India's growing engagement in international commerce, which is being driven by policies and improved connectivity, highlights the country's development as a significant participant in the global market. These corridors have drawbacks despite their potential advantages. To tackle these issues, recommendation is made for policy, infrastructure growth, improved multimodal transportation, digital connection, trade facilitation, and regional collaboration. If India and other countries execute the IMEC and the INSTC Corridor, it would offer India with a global perspective in terms of international trade, alongside trading partners.

Item Type:	Thesis (Masters)
Supervisors:	Name Email Heywood Jones, Richard UNSPECIFIED
Subjects:	H Social Sciences > Economics H Social Sciences > HC Economic History and Conditions > Globalisation H Social Sciences > HD Industries. Land use. Labor > Trade Regulation H Social Sciences > HD Industries. Land use. Labor > Business Logistics > Transportation of Goods and Trade Logistics
Divisions:	School of Business > Master of Science in International Business
Depositing User:	Ciara O'Brien
Date Deposited:	07 Jun 2025 10:22
Last Modified:	07 Jun 2025 10:22
URI:	https://norma.ncirl.ie/id/eprint/7797

Actions (login required)

View Item