The Effect of Tariff on Indian Export Business an Analytical Study

Introduction India’s economic progress is closely connected to its participation in global trade. Exports serve as a critical source of foreign exchange, job creation, and industrial growth. However, India’s export competitiveness is often affected by the tariff frameworks adopted by partner nations. Tariffs—import duties imposed by foreign governments—raise the effective price of Indian goods abroad and reduce their relative price advantage against countries that enjoy tariff concessions (Krugman & Obstfeld, 2018).