Opinion: Why India Is Capable Of Driving Global Trade Post COVID-19
- Date: 20-Oct-2020
- Source: Al Bawaba
- Sector:Economy
- Country:Middle East
Opinion: Why India Is Capable Of Driving Global Trade Post COVID-19
India is poised to take advantage of the supply chain shifts triggered by Covid, and knows it.
Its recent trilateral Supply Chain Resilience initiative along with Australia and Japan is a potentially game-changing opportunity to solidify its strategic position in the Indo-Pacific region. And the country is displaying remarkable strength across its 17 so-called 'Champion Sectors' - such as textiles and biotechnology - as it continues to move up the value chain with first-world markets.
I have been impressed and motivated by India as it continues to fuel its vision of a more competitive future in the global trade economy.
In March, Prime Minister Narendra Modi's government announced incentives for 'niche' firms such as electronic manufacturers that have already attracted $1.5 billion of investments from more than twenty companies, including the likes of
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