International trade plays a significant role in the development of the Indian economy. Here's how:

• Increased export earnings: International trade opens up new markets and creates opportunities for Indian companies to export their goods and services. This helps in earning foreign exchange, which is essential to meet the country's import requirements.
• Boosts economic growth: International trade helps in increasing economic growth as it leads to the creation of employment opportunities, facilitates the transfer of technology and promotes innovation.
• Increased production: International trade provides Indian firms with access to new technology, raw materials, and capital, leading to an increase in production productivity and efficiency.
• Increased foreign investment: International trade can attract foreign direct investment, which can help finance infrastructure development in India, which in turn boosts the Indian economy.
• Increased Competition: International trade promotes competition, which leads to better quality and lower prices for consumers. This stimulates innovation and encourages domestic companies to improve their products.

Therefore, international trade has a positive impact on the Indian economy.