(The article first appeared in the Hindu BusinessLine on April 14, 2022)
- India has never had it this good when it comes to outbound trade. Its merchandise exports at $418 billion is highest ever and after 14 long years, the target set by the government has been exceeded. Services export too is at a historic high of $250 billion. In select sectors, the China+1 procurement strategy by global players is beginning to translate into orders for Indian manufacturers…