Saturday, December 20, 2025 | 05:40 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

High manufacturing costs may erode India's gains from reforms, trade deals

Post-tariffs, a slew of reforms have been proposed by many commentators, and indeed almost all of those would be welcome

Manufacturing Industry, tariffs, Trade exports
premium

Illustration: Binay Sinha

Laveesh Bhandari

Listen to This Article

What should we do to address the tariff challenge? The problem is a symptom of a deeper underlying issue: Our farms and firms are simply not productive enough, and the cost of business is not low enough for global markets. Solve this problem, and others will become redundant. 
 
Post-tariffs, a slew of reforms have been proposed by many commentators, and indeed almost all of those would be welcome. A range of global trading agreements, whether bilateral or regional, have also been proposed and those are welcome as well. But how would the government address the underlying problem — that of
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper