Global trade shifts from traditional tariffs to complex Non-Tariff Measures (NTMs) like environmental and labor standards. These regulatory barriers significantly increase compliance costs, particularly impacting developing nations and reshaping India's strategic approach to Free Trade Agreements and export competitiveness.
Click to View MoreIndia is taking several steps to boost exports, including GST rate cuts, Production-Linked Incentive (PLI) schemes, and trade infrastructure upgrades. These measures aim to make Indian goods more competitive globally, diversify export markets, and promote sustainable, value-added growth in line with international standards.
Click to View MoreProtectionism is fragmenting trade and reshaping supply chains, posing risks and opportunities for India. By advancing Atmanirbhar Bharat, diversifying markets, and boosting technology-driven manufacturing, India can balance self-reliance with global integration, securing resilience and leadership in a protectionist world economy.
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