INDIA'S TEA TRADE IN THE ERA OF LOOK EAST POLICY: AN ANALYTICAL OVERVIEW


Dr. Mriganka Chakraborty, Dr. Mridul Barman, Dr. Amit Kundu
1Assistant Professor, Department of Commerce, Don Bosco College, Tura, 2Assistant Professor, Department of Economics, Tura Christian College, Tura,3Associate Professor, Department of Management, NEHU, Tura Campus, Tura, Meghalaya
Abstract
India’s Look East Policy emerged as a swing in India’s viewpoint of the world. The passion over the 'Look East Policy' of Indian foreign policy has nurtured and forced India to put a glimpse over to Southeast and East Asia as priorities for promoting trade relations as a means to keep its own economy in contour and achieve reasonable growth rates. India is no exception as Globalization has affected a revolution in every nook and corner of the world and. The concept of globalization is dynamic and constantly evolving. India's tea sector has suffered from increased competition from other beverages and import threats. The goal of the present study is to assess India's tea trade with East Asian nations in light of the Look East Policy. According to the study's findings, India's tea exports have primarily been directed towards western nations, and the amount of commerce in terms of tea exports with East Asian nations has not been encouraging thus far.
Keywords: Look East Policy, Catastrophe in Tea Industry, Tea Industry, Trade Export, Global Tea Trade, etc.
Journal Name :
EPRA International Journal of Economics, Business and Management Studies (EBMS)

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Published on : 2025-05-14

Vol : 12
Issue : 5
Month : May
Year : 2025
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