Meeting the Challenges of the European Union: Prospects of Indian Exports

Exports will play a critical role in the success of India's new market-driven economic policies, ushered in progressively since 1991. The European Union (EU) constitutes a major export market for Indian manufacturers. Even though the EU has yet to achieve the economic integration of its member nations, it has succeeded in bringing about integration in the external sector. This has presented many challenges and fresh opportunities for the EU's trading partners from developing countries and cal…