India is a developing country and has grown its economy multiple times since independence. One of the most important issues that has been discussed in the international platforms over the years is the contribution or the role of exports in the economical growth of a country. There are various import export courses online and if you go through them, you will understand how important export is for a developing country like India. Not all countries can export but the ones who are capable or have the resources to export must surely do it as it helps to grow its economy rapidly. This is what has been the conclusion of all the past debates and many many economist have agreed that the rapid exports by a country would definitely give a rise to its economy

Export-led growth

Export-led growth is considered to be one of the most important theories which leads to the economic growth of the country. There are several reasons given by the expert and the economists in support of the Export-led growth hypothesis which are discussed below

1. In export-led growth, people sell their products in the world markets which makes them aware about the world trends and also creates a sense of competitiveness which improves their business skills and generate wealth which finally boosts the country’s economy
2. Exporting goods creates competitiveness in the domestic markets as well inspiring the domestic sellers to become potential exporters and earn handsome money from it. This leads to economic growth multiple times
3. During the whole export business, a lot of resources are required generating job opportunities within the country and indirectly leading to the growth of the economy
4. Investing in the world markets make exporters aware and they are able to exploit economies of scale
5. When an exporter starts to sell goods to his own country and export them to other countries as well, he is required to almost double his production in order to meet the requirements of several countries. This leads again to more employment and more production giving a huge boost to the domestic economic growth.
6. When goods are exported in the foreign markets, the production frontiers are expanded as well as the access to the international capital is increased. These things slowly and gradually contribute to the nation’s economic growth

Ways to increase the level of exports

As it is very much clear that one of the best ways to boost or enhance the domestic economy is by adopting the export-led growth hypothesis. Many economists have agreed to this on world’s biggest forums which is the reason most of the people of the developing countries have started to export their goods. Now, the important thing is, how to increase the level of exports more and more so that you not only make consistent profits but also establish yourself completely in this business

1. Supply side policies such as training & education and also reducing government regulations to increase competitiveness. 
2. Try to inculcate new technologies and management techniques in the production system so that the production could be increased which will finally increase the exports as well
3. Instead of defending upon the new policies of the government, the private sectors must try to bring innovation in their sectors so that the level of exports could be increased
4. Lowering the tariff  barriers will definitely help to increase exports as lowering the tariff  barriers would help in increasing trade. However, lowering or reducing general tariff barriers would make some of the domestic industries lose out of the competition as they wont be able to compete but in a bigger picture, the levels of export would be increased.