India losing trade ground? China crucial for manufacturing exports, says Niti Ayog CEO; tariff cuts needed on key inputs
India losing trade ground? China crucial for manufacturing exports, says Niti Ayog CEO; tariff cuts needed on key inputs
NITI Aayog CEO BVR Subrahmanyam warned India risks losing global market share without increased exports to China and reduced import duties on raw materials. He stressed Asia's economic importance, particularly China's $15 trillion economy, for boosting Indian manufacturing exports. The report highlighted India's underperformance in sectors like footwear due to high tariffs compared to competitors.
NITI Aayog CEO BVR Subrahmanyam warned India risks losing global market share without increased exports to China and reduced import duties on raw materials. He stressed Asia's economic importance, particularly China's $15 trillion economy, for boosting Indian manufacturing exports. The report highlighted India's underperformance in sectors like footwear due to high tariffs compared to competitors.
NITI Aayog CEO BVR Subrahmanyam warned India risks losing global market share without increased exports to China and reduced import duties on raw materials. He stressed Asia's economic importance, particularly China's $15 trillion economy, for boosting Indian manufacturing exports. The report highlighted India's underperformance in sectors like footwear due to high tariffs compared to competitors. 
