He said the strategy for the companies is to be an active player in every market that they operate and have an articulation of partnership with that country and which reflects its priorities
Here's a selection of Business Standard opinion pieces for the day
Union Budget must avoid failed strategy of protectionism
Say India needs to bring down import duties over time
Say India needs to bring down import duties over time
Here's a selection of Business Standard opinion pieces for the day
'I must express my dismay over the speech by foreign minister... when he railed against trade agreements and praised the virtues of protectionism,' Chidambaram says
In this podcast, Business Standard's Subhomoy Bhattacharjee explains what is RCEP, how will it benefit member nations, why did India pull out of RCEP and more
Self-reliance cannot be a superior alternative to open trade
Indian business community felt it would be swamped by imports with low duties, which it would not be able to compete with. The govt decided that it cannot afford to take the chance
Here's a selection of Business Standard opinion pieces for the day
Open-ended tariff protection will affect competitiveness
The Bombay Club of the 1990s had lost its battle against the Rao-Manmohan Singh duo's tariff reduction policy, but has bounced back with greater energy now, thanks to the present regime's backing
Here's a selection of Business Standard opinion pieces for the day
Using the new tools, the claims for lower duty rates for imports under trade agreements may be put to greater scrutiny
The call for self-reliant India conveys reducing our dependence on others for goods, services, or even investment
If we turn protectionist, I don't know how can we be an exporting power. Self-sufficient exporting powerhouse is an oxymoron," he said.
Budget continues the backward slide on trade
Budget should reverse two-year slide towards closed economy
As confidence of member nations plummets, reforming the global body itself forms the core agenda for many countries