India's Manufacturing Boom: Global Trends & Dualistic Trade Policy | ft: Arvind Virmani
Автор: Centre for Social and Economic Progress (CSEP)
Загружено: 2026-02-15
Просмотров: 114
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The Centre for Social and Economic Progress (CSEP) hosted an exclusive seminar titled "Global Trends and Trade Policy".
Key Speaker: Arvind Virmani, Hon’ble Member, NITI Aayog, delivered a compelling presentation on two transformative global trends reshaping manufacturing and trade:
China's unprecedented dominance in manufacturing value added and exports, sparking diversification and de-risking worldwide.
Shifting demographics shrinking labor forces in developed nations and China, positioning India as the sole manufacturing powerhouse with a growing workforce and unmatched human capital advantage.
Arvind Virmani outlined a bold dualistic trade policy strategy: Maintain higher tariffs on China while slashing them for high-income tech leaders (EU, USA, UK, Japan, South Korea), paired with transitional subsidies to lure MNC supply chains away from China. This could turbocharge India's manufacturing growth over the next 10-15 years.
Watch the full presentation, lively discussion, and audience Q&A. Perfect for policymakers, economists, business leaders, and anyone tracking India's economic rise.
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#india #Economy #tradepolicy #manufacturing #nitiaayog #csep #netzero #globaltrade
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