Does Trade Openness promote Economic Growth? An Econometric Investigation of/for Indian Economy.

Examining the short-and long-term relationships between GDP and its determinant variables-gross capital formation (GFC), trade openness (TO), inflation (INF), and foreign direct investment-was the justification for this study (FDI).The interest variable (TO) has a considerable positive influence on GDP, as indicated by the long-run estimations.Similarly, it is discovered that FDI and the GFC have a substantial role in long-term GDP explanation.It was discovered that inflation was not statistically significant.One may argue that Indian policymakers should create such policies that will further integrate India's market with the outside world based on empirical data.