The global economy is slowly recovering from past financial crises, facing challenges like slow demand in Japan, a downturn in China, and economic struggles in Europe. The IMF projected global growth rates for 2015 and 2016 to be 3.5% and 3.7%, while India's growth is estimated at 6.3% and 6.5%. To boost growth, employment, and investments, India aims to integrate with the global economy. The study focuses on the global economic situation, India's external sector, and trends in Indian foreign trade.