New Delhi [India], October 23 (ANI): As the global economy slows and trade dynamics shift, India must shift focus from traditional export strategies to building long-term competitiveness through technology, cost efficiency, and domestic capability, says Global Trade Research Initiative (GTRI) founder Ajay Srivastava today.
In an exclusive telephonic interview with ANI, Srivastava said, "The focus should be on lowering production costs, simplifying regulations, and accelerating ease of doing business especially in logistics, compliance, and taxation."
He said that India must adopt a dual strategy: attracting foreign technology through joint ventures while simultaneously investing in reverse engineering and product localization.
"What India consumes, it must also be able to make and expor