The internal trade of India
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India's internal trade/GDP ratio of 54% leaves out agricultural goods, which are also massively transported across India. So 54% is a gross under-estimate. Even this underestimate implies that India's internal trade is 1.7 times its foreign trade. That compares well with other countries at the same economic stage.
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☑ India's internal trade/GDP ratio of 54% leaves out agricultural goods, which are also massively transported across India. So 54% is a gross under-estimate. Even this underestimate implies that India's internal trade is 1.7 times its foreign trade. That compares well with other countries at the same economic stage
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