INDIA’S FOREIGN TRADE VOLUME AND ITS ECONOMIC IMPLICATIONS: AN ANALYSIS OF TRENDS AND CHALLENGES

India’s foreign trade has witnessed significant growth over the years, with exports and imports showing varied trends. This paper analyses the volume of India's foreign trade, emphasizing the disparity between exports and imports, and examines the economic implications of the persistent trade deficit. It explores the relationship between the trade deficit and the value of the Indian Rupee, highlighting key challenges and opportunities for future trade policy. The research uses secondary data analysis, relying on reliable sources such as government reports and international trade statistics. The findings aim to provide insights for improving India’s trade balance and economic strategy.