EXPLORING THE NEXUS BETWEEN INTERNATIONAL TRADE DYNAMICS AND INDIA'S ECONOMIC GROWTH

Abstract

This study investigates the relationship between key economic indicators in India, specifically focusing on economic growth (GDP), export, import, foreign direct investment (FDI), gross fixed capital formation (GFCF), and trade openness in India over the period from 1971-2021. The study involves cointegration analysis which establishes a longrun relationship between variables. we aim to provide valuable insights into the impact of international trade dynamics, exports, imports and foreign investments, and gross fixed capital formation on India's economic growth.