Govt should cut import tax on goods to lessen need for export schemes: GTRI
Reducing import duties on inputs and capital goods could help the government cut down the need for many of the existing export schemes, think tank
Country India
Profile: South Asian country known for its cultural diversity, historical landmarks, and rapid economic growth.
Export-Import Data: Exports textiles, pharmaceuticals, and IT services. Imports machinery, petroleum, and electronics.
Trading Partners: United States, China, European Union.
Future Opportunities: Manufacturing sector growth, infrastructure development, and renewable energy expansion.
Reducing import duties on inputs and capital goods could help the government cut down the need for many of the existing export schemes, think tank
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