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Indian Imports & Exports
India is today one of the most exciting markets for foreign tradewith a large base of import and export centric industries. The Indianmiddle class whose size exceeds the population of several Europeancountries put together with a large purchasing power and skilled managerial and technical manpower provide India with distinct advantages in global trade.Until the foreign exchange crisisof 1991 India's import-export policy had the three objectives ofpreserving employment in import-competing industries through trade and other barriers, promotion of self-reliance across all industries especiallyexport led sectors and revenue raising through foreign trade tariffs.This created an inward looking economy where all exports were desirableand all imports were to be restricted.
However since 1991, India hasembarked on a programme of economic and trade liberalisation impactingthe contours of the country's foreign trade in a very big way. Thisprocess has further been hastened by the country's active role in GATTand WTO. India has agreed with these bodies for a structured andgradual dismantling of its existing foreign trade tariff structurewhich is even now restrictive with a near free trade scenario by2005.
The results of this new traderegime contrary to alarmist predictions by some India's forex resourceshave swelled and the country was one of the very few islands of stability during the recent Asian crisis. This positive experience has enabled the government to negate opposition from political and bureaucratic establishments.
INTERNATIONAL HOSPITALS AND MEDICAL CARE LINKS
