HE Pham Sanh Chau, Ambassador of the Socialist Republic of Vietnam to India, highlights how India and Vietnam are moving towards a more balanced trade relationship, and also expresses his views on the promise presented by the two highly interconnected economies. India and Vietnam have a very strong, long-term and...
Indian black pepper is undergoing a vicious cycle of declining production and cheap imports. This necessitates urgent measures to stem the drop in production and instill confidence in the farming community to re-establish India’s position in global pepper trade. Black pepper – traded under the HS Code 090411 is the...
Rice exporters of India are expecting a windfall as Thailand and Vietnam suffer from droughts and crop losses respectively. However, the loss of access to the Iranian market for Basmati rice along with increasing shipment costs and delays threaten to dent potential gains. Image credit : https://bit.ly/3j24iU3 As the largest...
Dr Jagdish Sheth, Charles H. Kellstadt Professor of Business at Emory University Goizueta Business School, opines that India needs to strengthen its financial, legal & accounting systems, enhance ease of trade and build multi-modal infrastructure to achieve the goal of becoming a manufacturing hub. When it comes to discussing India’s...
Dr. Anuj Sharma, Chairperson – Centre for international Business & Policy & Associate Professor – IB, Birla Institute of Management Technology, feels that the changing landscape of global manufacturing, while posing challenges for SMEs, also provides a lot of new opportunities. India, with a strong base of technical manpower, can play...
Dr Arpita Mukherjee, ICRIER, believes that the COVID-19 pandemic has fast tracked the adoption of technology in manufacturing, thereby making it critical for companies to have a high-skilled workforce. She cautions that this is a particularly difficult time for SMEs, who have to struggle for access to financial resources, push...
Dr. Sunitha Raju, Indian Institute of Foreign Trade, argues that viewing Aatma Nirbhar Bharat from the perspective of import substitution is wrong and potentially dangerous. Instead, India should have a holistic approach towards attracting FDI in its areas of strength, develop skill sets to capture new emerging opportunities and also...
The onset of COVID-19 has exposed the perils of an overdependence on Chinese manufacturing to nations and corporations across borders. This is being viewed as an invaluable opportunity for other nations to emerge as alternate manufacturing destinations. India Business & Trade takes a look at the current dynamics of global...
Indian coffee industry needs to undertake extensive investments in mechanisation and productivity enhancement, while retaining the core attributes that define the distinctiveness of the product itself. • Global market size of coffee is close to US$ 125 billion which is significantly high for any F&B product. From 2019 to 2024,...
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