Ajay Srivastava is a former Indian Trade Service officer with expertise in trade policy making and WTO/FTA negotiations. He took VRS from the Government of India in March 2022 and is the Founder of the Global Trade Research Initiative (GTRI). He writes on technology and trade issues.
Ajay Srivastava is a former Indian Trade Service officer with expertise in trade policy making and WTO/FTA negotiations. He took VRS from the Government of India in March 2022 and is the Founder of the Global Trade Research Initiative (GTRI). He writes on technology and trade issues.
India could reduce its tariffs to zero on these products in exchange for the U.S. doing the same, which would be an immediate benefit for India
Average tariff levels: India's average import tariff stands at 17 per cent, while the trade-weighted rate is lower at 12 per cent, according to the World Trade Organization's 2024 report
To counter China's trade dominance and boost US manufacturing and jobs, a strategy beyond high tariffs is essential
India must avoid being caught off guard on trade, tariffs, outsourcing, and data policies, and engage with the US as an equal partner
US' trade policy highlights India's need to follow its own strategic priorities without yielding to external pressure
We should be wary of global consultants pushing grand visions of India becoming a $50 trillion or $100 trillion economy, especially when per capita income is still under $3,000
High cost of doing business and geopolitics limit opportunities
Other business services emerge as India's new export star, which could outpace software and information technology with strategic support
Nine suggestions to revitalise trade and spur economic growth
The high import and low export trend is likely to continue with free-trade agreements under negotiation
As seen in Australia, tariff cuts may have an unwelcome outcome for domestic car makers
India faces complex negotiations ahead that could restrict domestic policy space and economic interests
The Abu Dhabi conference highlights any progress for India at the WTO hinges on renewed US engagement in the trade body
Rather than solely focusing on boosting exports, India should aim to become a global supplier of key components
Amid scrutiny of its market support for rice, India must remain vigilant in signing future trade deals to safeguard its interests
Technological limitations and policy inconsistencies pose a formidable challenge
Could a successful negotiation herald a new era in their modest trade relationship?
In an era of shifting trade dynamics, India stands at the crossroads of opportunity, but being adaptable will be key
The EU's carbon tax is set to shake up world trade, but through careful preparation, India can turn this to its advantage
India's goods imports from China during FY23 touched $98.5 billion, at a growth rate of 4.2 per cent, while India's global imports grew at 16.1 per cent during this fiscal year