Nominal GDP increased four-fold from ₹ lakh crore for FY 3  2010 to ₹ lakh crore for FY 2023.3 External trade also increased over four-fold from ₹ lakh crore to ₹ lakh crore during the same period.4 The ratio of trade to GDP5 has risen to 45% in 2021 from 25% in 2000.
Foreign Direct Investment (FDI) 6 in the country has risen sharply by two and a half times since 2010.