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Need a relook at Trade & Industrial policies for exports: DGFT

March 5, 2025
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Need a relook at Trade & Industrial policies for exports: DGFT

New Delhi - India should have a comprehensive look at its trade and industrial policies, as competitors and developed countries re-evaluate their strategies, to achieve an aspirational target of $2 trillion for exports, Santosh Kumar Sarangi, Director-General of Foreign Trade, said on Tuesday.

The export window is narrowing as most advanced nations have developed their aggressive policies like the US has its Inflation Reduction Act, CHIPS Act, the UK had its Advanced Manufacturing Plan and EU has its green deal, Sarangi said at a post-Budget webinar.

More than 40% of India’s exports . . .

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Disclaimer: This information has been collected through secondary research and Daily Shipping Times is not responsible for any errors in the same.

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