India's Export Performance with BRICS Nations
Description
The world economy has changed a lot over the past 50 years. Over the next 50, the changes could be at least as dramatic. A major theme of this work has been that, over the next few decades, the growth generated by the large developing countries, particularly the BRICS (Brazil, Russia, India and China and South Africa) could become a much larger force in the world economy than it is now it creates a strong counterweight to the already existing world powers G6 (US, Japan, UK, Germany, France and Italy)1.This results from the reallocation of global economic activities, global consumption to emerging and developing countries and hence import/export destination shifts. Even though the G6 remains among the most important trade partners for BRICS, their total share in BRICS’s trade is decreasing. The aim of the paper is to examine India’s trade with BRICS nation in the recent years. The aim of the paper is to identify top five products groups that are involved in BRICS’s trade relations development and show possible diversions.
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JETIR1811042.pdf
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