India’s Export Potential and Product Diversification with Brazil, Russia, China and South Africa

The impacts of export volume on economic growth have been empirically investigated in a large number of research, as is well known. A small number of studies highlight the significance of improving export quality rather than volume for economic growth, despite the fact that the focus of the literature has recently changed from volume to quality of exports. The main objective of this research paper is to find out the India’s Export Potential and Product Diversification with Brazil, Russia, China and South Africa. Brazil and India have a lot of unrealized export potential because of their strong diplomatic ties, complementary economies, and joint membership in multilateral organizations like BRICS.