Bank Exam Preparation

Bank Exam Preparation Concept

Indian Trade & Industry

Indian Trade and Industry

UPSC | PSC | GS Paper 3

Trade and industry are key pillars of India's economic growth. They influence employment, GDP growth, and India’s position in the global economy.

Trade

Exports: IT services, pharmaceuticals, textiles
Imports: Crude oil, gold, electronics
Trade Deficit: Imports exceed exports

Industry

Manufacturing: Promoted through Make in India
Service Sector: IT, banking, tourism
MSME: Major contributor to employment

Key Policies

Make in India
Atmanirbhar Bharat
PLI Scheme (Production Linked Incentive)

Challenges

Trade deficit
Infrastructure gaps
Technological limitations
Global competition

Importance

Economic growth
Employment generation
Global competitiveness

Exam Focus:
Trade + Industry + Policies + Challenges

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