India Inc Should Utilise FTAs, Focus on Value Addition, Diversify Export Markets, Says Govt Official

Industry Must Utilise FTAs, Focus On Value Addition, Build Resilient Chains, Says Commerce Official

“The share of capital goods in India's export basket has already risen from 13 per cent in 2014 to 19 per cent today, but that trajectory must be accelerated. There should be building supply-chain resilience, as China's concentration in upstream materials is a risk for the world,” Singh said

India's FTAs to Open USD 12 Trillion Export Opportunity, Says Top Trade Negotiator

Get latest articles and stories on Business at LatestLY. Addressing the 3rd CII Manufacturing Conclave here on Thursday, Jain who is an Additional Secretary in the Department of Commerce told industry leaders that despite falling global tariffs, several developed economies continue to impose steep duties ranging from 10 to 26 per cent on labour-intensive sectors such as apparel, textiles, leather, marine products and agriculture. Business News |…

Beyond signing FTAs: How India is helping exporters use trade deals to enter global markets and boost shipments

India’s approach to free trade agreements is moving into a more implementation-focused phase. After spending the past decade expanding its network of bilateral and regional trade arrangements, the emphasis is increasingly on converting negotiated market access into actual export gains for Indian businesses. The shift is visible in export performance, the growing use of preferential Certificates of Origin and the expansion in the number of produc…

Govt official asks industry to utilise FTAs, focus on value addition, diversify export markets

Official says industry should use FTAs to expand market access, attract investment and technology, diversify supply chains, and build manufacturing ecosystems that can withstand global shocks

India Inc should utilise FTAs, focus on value addition, diversify export markets, says govt official

Industry must utilize free trade agreements for expanded market access and investment. Value addition and supply chain resilience are crucial for global competitiveness. Diversifying export markets will open new trade corridors for India. Engaging on technical standards will position India as a market leader. India aims to be a trusted partner and engine of global growth.