India Business & Trade - December, 2019
COVER STORY
NEXT BIG DEAL
India Business & Trade provides a comprehensive analysis of the most potential partners for trade agreements with India in a post-RCEP scenario
Interviews:
“India needs more preparedness”
Prof Sachin Chaturvedi, DG, RIS, feels that India needs to reassess its approach to RTAs.
“RCEP could make possible the success of the ‘Make in India’ programme”
JNU’s Dr. Amita Batra counters that RCEP could be a platform to enhance India’s participation in GVAs.
India-China trade deal could be a stepping stone to RCEP
Prof Manoj Pant, Director, IIFT, asserts that RCEP doesn’t provide immediate gains to India
PERSPECTIVES
KEEPING INDIA INC FIRMLY ON THE MOVE
While infrastructure development is key to make logistics a catalyst of economic growth, the vision cannot be achieved sans a holistic focus on better coordination, strong customer centricity, skills training & digital transformation.
Interview:
“Policy must cater to mobility, energy intensity & cost”
Dr G. Raghuram, Director, IIM Bangalore, discusses how India’s logistics sector can serve as a stepping stone for the country’s economic success.
UNRESOLVED DILEMMA OF MODE 4
A strong, commercially meaningful outcome in mode 4 will have huge potential benefits for services trade for both developed as well as developing countries. But for now, it remains a contentious issue.
DEMYSTIFYING INDIA’S DAUNTING HUNGER PROBLEM
Despite being a leading producer and exporter of food products, India still ranks abysmally low on the Global Hunger Index.
INDIA’S ENDLESS STRUGGLE FOR CRUDE OIL SECURITY
Since India’s dependence on crude oil imports will persist for a longer period of time, diversification of crude sourcing can mitigate the risk of concentrated market power.
BY Prof Sanjay Kumar Kar & Prof Rohit Bansal, Rajiv Gandhi Institute of Petroleum Technology
FOCUS EXPORT: HEALTHCARE
QUEST FOR THE ‘X’ FACTOR
India can significantly enhance its share in the healthcare services via Mode 1& 2.
Interview:
Accreditation of hospitals is a must
RBI Chair Professor of Economics Rupa Chanda asserts that India’s share in medical tourism can improve through hospital accreditation.
FOCUS SECTOR: ASSAM TEA
ON THE BRINK OF A CATASTROPHE?
The tea industry in Assam is crippled by rising production costs, low realisation of output in international markets and quality issues.
FOCUS COUNTRY: CANADA
THE FAULT IN THE NUMBERS
Considering the potential, annual Indo-Canada bilateral trade should be much higher than the current value of around US$ 6 billion.
CATR DATA MINING
NTBS IMPOSED ON INDIA
CATR takes a look at the major sectors where India faces non-tariff barriers as well as the major countries applying them.
EXPORTER PROFILE
ADDING SPICE TO YOUR LIFE
Ramdev Spices has traversed a long journey from a neighbourhood startup in 1965 to the country’s largest seller of spices in consumer packs.
FOOD TRENDS
FOCUSED COUNTRY, FOCUSED APPROACH
Sanjay Grover, VP, Kirloskar Pneumatic Co Ltd, stresses on the importance of the company’s ear-to the- ground approach in its global expansion.
INDIAN FOOD BEYOND BUTTER CHICKEN
Noted Chef Ananya Banerjee believes that India’s culinary diversity across regions is far richer than butter chicken & tikka, and deserves to be aggressively marketed globally
