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35 years after liberalisation, India’s global integration remains a work in progress, says Shankar Sharma
- India’s post-1991 economic transformation has lifted its global standing
- The pace of improvement remains gradual
Topic
Trade data▼ −33% net tone today
- India’s crude imports hit a 2026 high of 5.26 million barrels per day in September
- Q1FY27 current account deficit reversed the surplus recorded in Q4FY26
- India exported one tonne of Purnea makhana to Greece and 24 tonnes of frozen food to Canada
Stories per day
727 Sept
1728 Sept
729 Sept
1130 Sept
71 Oct
42 Oct
23 Oct
Data▼
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Datanomics: Services cushion shrinks as trade deficit pushes CAD deeper
- Q1FY27 current account deficit reversed the surplus seen in Q4FY26
- A deeper CAD can pressure the rupee and raise risks for import-dependent Indian companies
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Liberalisation gains petering out as India's inward-looking bias persists
- India's global percentile ranking has improved modestly since 1991
- Weak per capita gains and external vulnerability remain key drags
- Persistent external vulnerability matters for Indian exporters and rupee-sensitive companies