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India needs to take a leaf out of China’s trade playbook and intensively specialise, produce and ship out a select category of ‘network products’ (NPs) such as computers, electronic and electrical equipment, and telecommunications goods, to boost the currently beleaguered export sector, the Economic Survey has suggested.
Delhi would also need to integrate the aim of ‘Assembling in India for the world’ with the government’s flagship ‘Make in India’ policy, it said. By focus on NPs, the country can raise its export market share to about 3.5 per cent of the global average by 2025 and 6 per cent by 2030.
