A

Research Project Report

Titled
“A COMPARATIVE STUDY ON INDIA’s TRADE RELATIONS WITH
BRICS COUNTRIES”
For partially fulfilling the requirement of the award of the degree MBA
Subject – Research Project (IMS-1002)
Under the Supervision of
Dr. J.K. Chandel
Assistant Professor

Submitted to - Submitted by -
The Director Rakesh Kumar
Class: - MBA 10th Sem.
Roll No. : - 17
Regn. No: - 13UIM2
Batch:- 2013-18

Institute of Management Studies

Kurukshetra University, Kurukshetra
(April 2018)
 DECLARATION

I, Srishti jindal here declare that the Research Project entitled ‘A COMPARATIVE STUDY
ON INDIA’s TRADE RELATIONS WITH BRICS COUNTRIES’, assigned to me by the
Director of Institute of Management Studies, Kurukshetra for the fulfillment of M.B.A.
degree from the Institute of Management Studies, Kurukshetra University, Kurukshetra is the
work done by me and the information provided in the study is authentic to the best of my
knowledge.
This study has not been submitted to any other institution or university for the award of any
other degree.

Rakesh Kumar
 ACKNOWLEDGEMENT

Behind every fruitful endeavor lies the advice, guidance and inspiration of all the people
directly or indirectly involved with the report. I wish to express my gratitude to all the people
involved in the completion of this report. I am thankful to all of them for their help and
encouragement throughout the completion of the report. They have been a constant source of
support for me.
My heartfelt gratitude and warm salutations are also due to Dr. J K Chandel, my Internal
Faculty Guide, the faculty of our Institute, for inculcating in me the principles of dedication
and hard work, and providing their guidance and support throughout the Project. Their
constructive criticism of the approach to the problem and the result obtained during the course
of this work has helped me to a great extent in bringing work to its present shape.

Rakesh Kumar
 CONTENTS
Chapter Name of the Chapter Page No.
No.
1 Introduction 1-12
1.1 Introduction 1-2
1.2 Conceptual Framework 2-5
1.3 India’s International Trade 5-7
1.4 Introduction To BRICS 7-11
1.5 Concluding Observation 12
2 Literature Review 13-28
2.1 Introduction 13-14
2.2 Studies Related to BRICS and its impact on GDP with 14-24
regard to Global Scenario
2.3 Studies Related to BRICS and its impact on GDP with
24-27
regard to Indian Scenario
2.4 Concluding Observation 27-28
3 Research Methodology 29-31
3.1 Introduction 29
3.2 Types of Research 29-30
3.3 Objectives of the Study 30
3.4 Data Collection Source 30
3.5 Research Design 30
3.6 Sample Design 31
3.7 Limitation of the Study 31
3.8 Concluding Observation 31
4 Analysis And Discussion 32-84
4.1 Introduction 32-35
35-43
4.2 International Trade Agreements b/w India & BRICS
4.3 International Investment b/w India & BRICS Countries 43-45
4.4 India’s Exports to BRICS Countries 46-49

4.5 Commodities Exported to BRICS Countries by India 50-53

4.6 India’s Imports from BRICS Countries 54-57
4.7 Commodities Imported by India from BRICS Countries 58-61
4.8 Trade Relation Between India & BRICS Countries 62-65
4.9 India’s Trade with BRICS (Overall) 66-72
4.10 Formation of NDB Bank and Its Performance 73-81
4.11 Future Roadmap for India with BRICS 81-83
4.12 Concluding Observation 83-84
5 Findings & Suggestions 85-92

A. Findings 85-90

B. Suggestions 90-92

6 Conclusion of the Study 93-95

References 96-99
A Internet References
B Research Paper
 REPORT TABLES LIST

S. Table No. Title of the Table Page No.

No.
1 TABLE: 4.2 C INTERNATIONAL TRADE AGREEMENTS BETWEEN 39
INDIA & RUSSIA
2 TABLE: 4.4.A INDIA EXPORT TO BRAZIL 46
3 TABLE 4.4.B INDIA EXPORT TO RUSSIA 47
4 TABLE: 4.4.C INDIA EXPORT TO CHINA 48
5 TABLE: 4.4.D INDIA EXPORT TO SOUTH AFRICA 49
6 TABLE: 4.5A COMMODITIES EXPORTED BY INDIA TO BRAZIL 50
7 TABLE: 4.5B COMMODITIES EXPORTED BY INDIA TO CHINA 51
8 TABLE:4.5.C COMMODITIES EXPORTED BY INDIA TO RUSSIA 52
9 TABLE: 4.5.D COMMODITIES EXPORTED BY INDIA TO S. AFRICA 53
10 TABLE: 4.6.A INDIA IMPORT FORM BRAZIL 54
11 TABLE: 4.6.B INDIA IMPORT FORM CHINA 55
12 TABLE: 4.6.C INDIA IMPORT FORM RUSSIA 56
13 TABLE: 4.6.D INDIA IMPORT FROM SOUTH AFRICA 57
14 TABLE: 4.7.A COMMODITIES IMPORTED BY INDIA FROM BRAZIL 58
15 TABLE:4.7.B COMMODITIES INMPORTED BY INDIA FROM CHINA 59
16 TABLE:4.7.C COMMODITIES IMPORTED BY INDIA FROM RUSSIA 60
17 TABLE: 4.7.D COMMODITIES IMPORTED BY INDIA FORM SOUTH 61
AFRICA
18 TABLE: 4.8 A TRADE RELATION BETWEEN INDIA AND BRAZIL 62
19 TABLE: 4.8 B TRADE RELATIONS BETWEEN INDIA AND CHINA 63
20 TABLE: 4.8 C TRADE RELATIONS BETWEEN INDIA AND RUSSIA 64
21 TABLE: 4.8 D TRADE RELATIONS BETWEEN INDIA AND S.AFRICA 65
TABLE: 4.9.A INDIA’s EXPORTS TO BRICS (OVERALL) 66
22 TABLE: 4.9.B INDIA’s IMPORTS FORM BRICS (OVERALL) 67
23 TABLE 4.9. C INDIA’S TRADE BALANCE WITH BRICS 68
24 TABLE: 4.9.D INDIA’S IMPORTS COMPARISON WITH BRICS 69
COUNTRIES
 25 TABLE: 4.9.E INDIA’S EXPORT COMPARISON WITH BRICS 71
COUNTRIES
77
26 TABLE: 4.10.F SHAREHOLDING STRUCTURE
27 TABLE: 4.10.G PROJECTS SUPPORTED BY THE NDB IN 2016 79 79

REPORT GRAPH LIST

S. Table No. Title of the Table Page No.

No.
1 GRAPH: 4.4.A INDIA EXPORT TO BRAZIL 46
2 GRAPH 4.4.B INDIA EXPORT TO RUSSIA 47
3 GRAPH: 4.4.C INDIA EXPORT TO CHINA 48
4 GRAPH: 4.4.D INDIA EXPORT TO SOUTH AFRICA 49
5 GRAPH: 4.6.A INDIA IMPORT FORM BRAZIL 54
6 GRAPH: 4.6.B INDIA IMPORT FORM CHINA 55
7 GRAPH: 4.6.C INDIA IMPORT FORM RUSSIA 56
8 GRAPH: 4.6.D INDIA IMPORT FROM SOUTH AFRICA 57
9 GRAPH: 4.8 A TRADE RELATION BETWEEN INDIA AND BRAZIL 62
10 GRAPH: 4.8 B TRADE RELATIONS BETWEEN INDIA AND CHINA 63
11 GRAPH: 4.8 C TRADE RELATIONS BETWEEN INDIA AND RUSSIA 64
12 GRAPH: 4.8 D TRADE RELATIONS BETWEEN INDIA AND SOUTH
65
AFRICA
13 GRAPH: 4.9.A INDIA’s EXPORTS TO BRICS (OVERALL) 66
14 GRAPH: 4.9.B INDIA’s IMPORTS FORM BRICS (OVERALL) 67
15 GRAPH 4.9. C INDIA’S TRADE BALANCE WITH BRICS 68
16 GRAPH: 4.9.D INDIA’S IMPORTS COMPARISON WITH BRICS 69
COUNTRIES
17 GRAPH: 4.9.E INDIA’S EXPORT COMPARISON WITH BRICS
71
COUNTRIES