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What is Factors Driving India about?

India has seen a rise in imports due to several factors such as liberalization of trade policies, globalization, increasing demand for crude oil and edible oils due to low domestic production, and importing coal despite large domestic reserves because of difficulties obtaining environmental approval and dealing with rehabilitation issues. Gold and silver imports have also increased significantly due to rising consumer demand in India. Fertilizer imports are rising as well.

Author

rvgrocker

Language

EN