International Trade Operations

Economic reforms in India started at a time when Indian economy was in doldrums at internal as well external fronts. For getting Indian Economy integrated with the world, economic and trade partnerships were enhanced systematically through Free Trade Agreements, Economic Partnership Agreements, Investments Protection and Promotion Agreements. India gained from Liberalization, Privatization and Globalization (LPG) which is also manifested by the fact that Indian companies are largely establishing themselves in worldwide production and distribution markets and offer broader range of products and services which are equivalent to foreign products in quality and aesthetic appeal. Today, Indian companies have access to worldwide financial markets and better access to external financing. Understanding the nitty-gritty of trade operations in LPG era is important for success to any marketer because on one hand the International traders have been fortunate enoug.