An Analytical study and Econometric approach for constructional trade in india using statistical model

Abstract

Constructional trade is one of the important parts of the Indian economy. India has undergone rapid transformation in the reform process. The policies of globalization and liberalization have opened up new avenues for Constructional trade. Due to its importance in national output and employment, Construction was paid special attention by India’s policy makers. The main objective of this study is to examine the growth of Constructional trade of India and challenges before Constructional trade of India. In this study to fulfill these objectives I have used secondary data pre and post reform era. In this study used different statistical techniques such mean, CAGR and Independent t test for outcomes of the result. This study concluded that after the reform period several challenges have surfaced in Indian constructional trade which are becoming more and more severe with the passage of time as well as total Constructional trade share of India has more as compare to post reform period but in case of growth rate there has various ups and downs in total study period.