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

India and the Market of South and Southeast Asia

There are several forces at work as a result of which the market for industrial goods in India tends to remain inelastic. The pattern of distribution of income and wealth, and the nature of technology imported from abroad are two of the major factors which are responsible for this inelasticity. In any case, so long as output restriction at home is a profitable proposition, who would care for export promotion! The foreign demand for India's traditional exports is lately picking up, but the buoyancy of these agro-based or agro-related commodities is not likely to offer a long-term solution for India's exports. Among the non-traditional exports the potential strength of India lies precisely in those goods which em- body the technology that is suited to Asian conditions.

Subscribers please login to access full text of the article.

New 3 Month Subscription
to Digital Archives at

826for India

$50for overseas users

Get instant access to the complete EPW archives

Subscribe now

Comments

(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top