ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Articles by Aradhna AggarwalSubscribe to Aradhna Aggarwal

Export Performance and India’s Tryst with Self-reliance in the Globalised World

India has embarked on the path of self-reliance with no clear road map. This paper highlights the need to demystify the concept and argues that any path to self-reliance would require creating new productive capabilities that would be determined not by what the country can produce but what it can export. Following the “product-space” perspective, promoted by Ricardo Hausmann and others at the Growth Lab of Harvard University stating that a country’s capacity to add new capabilities depends strongly on the existing ones, I assess India’s export performance since 1988 along three dimensions: growth, diversification, and upgrading, with the objective to understand how well India is prepared to achieve the goal in this globalised world and recommend developing a well-informed export strategy.
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