This book investigates the structural and theoretical factors influencing India's export performance and the efficacy of policy interventions since the 1970s. The authors, Ajitava Raychaudhuri and Sugata Marjit, utilize formal economic modeling to evaluate the trade landscape of the Indian economy. By prioritizing theoretical frameworks over purely descriptive accounts, they provide a rigorous analysis of the mechanisms that have historically hindered or incentivized export growth. The text bridges the gap between abstract economic theory and the practical realities of Indian trade policy during a period of significant transition.

Experts recognize this work as a specialized contribution to the study of Indian economic development and trade policy. Readers frequently note the academic density of the prose, which is intended for students and researchers of international economics.