India Business & Trade - July, 2019

COVER STORY

RCEP – BEFORE THE LAST LEAP 

The RCEP deal is expected to precipitate a flood of goods imports into India, without commensurate gains in exports. India must act with caution before entering into this agreement.

“Metals & capital goods should be out of FTAs”

Mr. Yatinder Suri, MD & Country Head, Outokumpu India, opines that there should be a level playing field for all regions of the world.

PERSPECTIVES

ALUMINIUM INDUSTRY – DYING A SLOW DEATH

The government must address the sector’s structural faults before it is too late.

TIME TO TREAT THE ‘DRAGON DEFICIT’

With China’s market opening up for drug imports, it is a good time for India’s pharma industry to capitalize.

MUCH MORE TO REVIEW BEYOND GSP

A spirit of reciprocity needs to be honoured by the US in trade talks with India.

BREAKING THE VICIOUS SUBSIDY CYCLE

Instead of relying on ‘fire-fighting’ subsidies, India needs to boost long term competitiveness.

RATE CUTS AN INADEQUATE DEFENCE

With savings rate on decline and banks in a limbo,   cutting rates by RBI won’t be enough.  

H-1B – THE WRONG BARGAINING CHIP

The Trump administration would be well advised to further liberalise the H-1B visa programme.

LOGISTICS – FROM BARRIER TO CATALYST 

The future of logistics depends on development of support systems & adaptability of service providers

INDIA-UKRAINE – THE BALANCING ACT

CATR analyses product categories where India needs to negotiate tariff reductions with Ukraine      

FOCUS PRODUCT: RMG

GETTING BACK TO THE DRAWING BOARD

Despite China’s declining competitiveness, India has been unable to grow its market share in garments, and risks inviting further turmoil unless urgent measures are taken.

“India must diversify its apparel basket”

Mr Rahul Mehta, President, Clothing Manufacturers Association of India talks about strategies to boost   India’s position in global apparel trade.

FOCUS: COFFEE

REJUVENATING THE INDIAN COFFEE STORY

Despite the rise in out-of-home coffee drinking culture, the Indian market offers huge untapped potential.

FOCUS COUNTRY: MEXICO

INDIA’S NEW CROWN JEWEL IN LATIN AMERICA?

Mexico has emerged as India’s largest trade partner in Latin America. However, India’s trade deficit is quite high and tariffs remain a significant barrier.

CATR DATA MINING

India’s engineering exports reached a record high of US$ 81 billion during 2018-19. The government aims to raise engineering exports to US$ 200 billion by 2025.

LINK: https://www.tpci.in/resources/periodicals/              

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