“India’s export markets are still largely limited to the developed countries.” Critically examine this statement.

I would agree with much of the statement.  I think that
India's export markets are still tied to developed countries.  It makes for easy
opportunities and revenue streams to go into trade agreeements with nations like the
United States or England.  The mechanisms by which trade policies are established and in
the development of a quid pro quo system are more readily evident.  It takes less time
and guarantees greater return on investments to do so.  I think that this would be one
of the reasons why India's export markets are still limited or reflected in developing
countries.

However, given the current economic conditions
in so much of the so- called developed countries, though, it might be in India's best
interests to generate long term solutions in working with lesser developed nations.  I
think that it might require India to step outside of its own perception as being
beholden to the "established" economic powers and start the groundwork and
infrastructure needed to generate trade leads in nations that are not "on the radar" as
of yet.  This will require India to engage in initiatives that it normally does not do,
such as initiating diplomatic and industrial contact with new nations, ensuring that new
relationships can be forged and formed with nations that might not necessarily be
emerging at this time.