This is an archived blog post from The Acorn.
India’s commerce minister Kamal Nath has announced his intention to present a national trade policy by the end of this month. That’s something to look forward to. Hopefully articulating an unambiguous policy will define where India’s national interests lie and avoid giving the appearance of a whimsical approach to foreign-trade.
Nagesh Kumar outlines five key thrusts that should be part of such a foreign trade policy: improve corporate excellence, encourage industrial R&D, gain expertise through overseas acquisitions, encourge FDI especially for exports and finally secure strategic market access.
If you would like to share or comment on this, please discuss it on my GitHub
Previous © Copyright 2003-2024. Nitin Pai. All Rights Reserved.