US tariffs on Indian exports—set at 25% and compounded by penalties related to India’s trade with Russia—are fueling heightened global trade tensions and triggering a critical economic debate. A comprehensive 25-page report by SBI report on US tarrifs reveals a stark contrast in the potential fallout for both nations. While...
India has a grand vision of achieving US$ 2 trillion in exports by 2030. Sudhakar Kasture Director of Helpline Impex Pvt. Ltd. and a Partner in Generation Next Business Consulting, feels that it is possible, provided we take a number of small, well focused steps. In this exclusive interaction with...
Dr. Santosh Kumar PK, Director and Associate Professor at the Centre for Budget Studies, Cochin University of Science and Technology, engages in a conversation with India Business and Trade, and discusses the current state of Kerala’s economy, highlighting its strengths, such as a high per-capita income and robust social welfare...
The Plenary Session at India Business and Trade Conclave 2023 featured an engaging and informative panel discussion on global policy scenarios, geopolitical trends and how India needs to address them in its march towards a US$ 2 trillion export economy. A prominent fallout of the pandemic has been the focus...
On Friday, Commerce and Industry Minister Piyush Goyal unveiled a ’dynamic and responsive’ Foreign Trade Policy 2023. After two years, the new FTP carries objective of raising the country’s outward shipments to US$ 2 trillion by 2030, through various initiatives that include pushing rupee trade and incentivising e-commerce exports. Schemes...
Prof Manoj Pant, Director, Indian Institute of Foreign Trade argues that from a long-term point of view, import substitution should be seen along with the Production Linked Incentive (PLI) Scheme, and quality control must be also linked to the scheme. Over time, the aim should be that the items under...
Prof Basanta Sahu, Indian Institute of Foreign Trade, is of the view that many exporters are not too concerned about current trade incentives. Instead, India’s focus should be more on choosing the right markets access, enhancing knowledge about current FTAs, participation in global production networks and improving trade facilitation &...
Dr Sunitha Raju, Professor at Indian Institute of Foreign trade feels that the upcoming Foreign Trade Policy should address structural constraints of India’s huge informal sector. Also, it should prepare exporters for quantum shifts in the global trade environment towards sustainable development goals, rising non-tariff measures as well as technologies...
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