This article combines national input–output tables (1998–1999 to 2007–2008) with World Input–Output Database (1995–2011) to evaluate foreign value-added (FVA) content in India’s exports at aggregate and disaggregate levels. The results confirm rising FVA and declining domestic value added (DVA) in India’s total and merchandise exports across a majority of the commodities. India’s international fragmentation has risen but continues to be lower than that of East Asia and Association of Southeast Asian Nations (ASEAN). Strikingly, a regression-based decomposition analysis shows greater positive impact of rise in FVA on India’s export growth as compared to imports, leading to substantial net gains. Second, India’s DVA content in exports did not decline much during 2007–2011, thereby displaying a sluggish upward trend in its FVA content. This article advocates the need for striking a right balance between the goals of increasing FVA (improving linkages into global value chains) to enhance export competitiveness and maintaining DVA (supporting the ‘Make in India’ initiative) in exports to generate employment opportunities domestically.

中文翻译：

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出口中的国内与进口内容：以印度商品贸易为例

本文将国家投入产出表（1998-1999 年至 2007-2008 年）与世界投入产出数据库（1995-2011 年）相结合，以综合和分解水平评估印度出口中的外国附加值 (FVA) 含量。结果证实了印度大部分商品的总出口和商品出口的 FVA 上升和国内增加值 (DVA) 下降。印度的国际分化程度有所上升，但仍低于东亚和东南亚国家联盟（ASEAN）。引人注目的是，基于回归的分解分析显示，与进口相比，FVA 上升对印度出口增长的积极影响更大，从而导致可观的净收益。其次，2007-2011年印度出口的DVA含量并没有大幅下降，因此其FVA含量呈现缓慢上升的趋势。