Indo-ASEAN Economic Ties: A Study of North-East India

With the emergence of globalization, the need for economic integration has been realized by the international communities and lately by the Less Developed Countries (LDCs). Most of the countries both developed and less developed, have reoriented their development strategies to improve their growth performance by integrating their economies with the world economy. In this process, India has experienced some significant changes and the country is identified as one of the fastest growing economies in the world. In this direction, India’s Look East Policy is worth mentioning. Under this policy, India seeks economic cooperation with the ASEAN and its neighbouring countries through North-Eastern Region (NER) of the country