Indigenous And Globle - Market Outlook Of Trading Activity

India is the fifth largest economy of the world and aspires to become USD 5 Trillion economy in the near future. Growth of Indian economy depends upon its effective utilization of young and skilled manpower, land resources for sustainable agriculture and promoting the small and medium enterprises.

Global economic shocks in the third decade of this millennium has presented various economic challenges such as inflationary pressures, depreciation of most currencies, widening of current account deficits etc. These are leading to slow global growth and may lead to financial contagion emanating from advanced economies.

India is prepared to grow at its potential once the one-off shocks recede. Healthy balance sheet of financial and corporate sector, higher investment and consumption, Digitalisation reforms and resultant formalisation, India’s opportunity to gain from global supply chain diversification are main factors which can act as Growth Magnets in the period 2023-2030

The Indian agriculture sector has been growing at an average annual growth rate of 4.6 per cent during the last six years. In recent years, India has also rapidly emerged as the net exporter of agricultural products.

Uncertain climate, shrinking production, Ukraine Russia war and supply chain disruption are causing an increase in the price of agriculture commodities. The company engaged to store agricultural produce at harvesting season, store the same for 3-4 months and to sell on higher prices as and when demand increases in the market.

A large customer base, slow developing economy, vast middle class section of society and a growing population of youngster with spending power, sets India as an important target for any establishment seeking a market for its product and services. Several multinational establishments consider India as a prominent market that contributes significantly to their top line and bottom line reported financial figures.