India’s Big Trade Shift: Imports Up, Exports Lagging

India’s Big Trade Shift: Imports Up, Exports Lagging

India is finally integrating into global production networks, but the story is uneven. Imports of machinery have surged, showing stronger participation in global value chains. But exports are still lagging behind, leaving significant untapped potential. What’s holding India back? Trade barriers. High tariffs and non-tariff measures on intermediate goods continue to limit competitiveness and slow down investment in high-tech manufacturing. The opportunity is clear: Lower barriers → attract investment → build industrial clusters → scale exports. With global supply chains shifting and “China+1” strategies in play, this could be a turning point for India’s industrialisation. #indiatrade #globaltrade #manufacturing #economicpolicy #shorts