India’s trade policy takes the adage ‘change is the only constant’ to another level

There is political paralysis at the moment. PM Modi has set a target of exporting $400 billion in goods for the period from 2021 to 2222.

“Given the reality on the ground, it would be very difficult to achieve this,” says Vishal Dhingra, president of the Purchasing Agents Association, noting how an uncertain policy regime is. detrimental to exporters.

The country’s share in the world trade of goods is 1.67%, and in services its share is 3.54%. If these numbers