Business Standard

A poorly serviced export engine

Efforts to push China into rectifying trade deficit with India, including minister-level talks in Delhi last month, have produced little visible result


Kishan S Rana
After five years of stagnation, exports rose by almost 10 per cent in 2017-18. Along with surging import growth (19.6 per cent), this marks the Indian economy’s return to healthy growth. But the sad news is that we can do much better, if only…

Is that not the story of much of India? Some success, often dwarfed by inadequacies and stammering actions. Is underperformance our hallmark, even destiny? Is this tortoise never to really get its turn? A key issue in foreign trade: “Cotton, iron ore and copper, the mainstay of Indian exports to China have come under increasing scrutiny… former
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of or the Business Standard newspaper

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First Published: Apr 27 2018 | 5:58 AM IST

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