October 6, 2024, 07:21 PM - 3 min read
The Global Trade Research Initiative (GTRI) urges the Indian government to establish clear laws and procedures to protect workers' rights and company interests, suggesting measures to reduce industrial strikes, improve dispute resolution, and foster a stable industrial environment.
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September 20, 2024, 02:27 PM - 3 min read
GTRI has refuted Donald Trump's claim that India is an "abuser" of import tariffs, noting that many countries, including the US, impose high duties on various products. While India's average tariff is 17%, it is similar to other economies. The report argues that tariffs on select items do not reflect overall trade policy.
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September 6, 2024, 06:09 PM - 3 min read
The Global Trade Research Initiative (GTRI) advises the Indian government to let the domestic electric vehicle sector develop organically without heavy incentives to prevent dependency on Chinese imports and avoid becoming an 'EV colony,' while focusing on advanced battery technology and clean energy.
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August 23, 2024, 03:46 PM - 3 min read
From January to June 2024, the US surpassed China to become India’s top trading partner. India’s trade deficit with China reached USD 41.6 billion, while overall exports grew by 5.41% to USD 230.51 billion, contributing to a record total foreign trade of USD 849 billion.
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August 16, 2024, 03:00 PM - 2 min read
GTRI urged the Indian government to review the India-UAE Free Trade Agreement (CEPA), specifically calling for the withdrawal of duty concessions on precious metals and stricter rules of origin. GTRI warns that current provisions could harm India's domestic jewellery industry and facilitate misuse, leading to significant customs revenue loss and increased bullion imports.
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July 31, 2024, 12:10 PM - 2 min read
The EU plans to enforce the CBAM, or carbon tax, starting January 1, 2026. However, beginning this October, companies in seven carbon-intensive sectors, such as steel, cement, fertilizer, aluminum, and hydrocarbon products, must report their carbon emissions data to the EU. GTRI warned that the fully implemented EU-CBAM would impose a 20-35% import tax on Indian firms. Additionally, the domestic industry would be compelled to disclose all plant and production details to the EU.
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May 15, 2024, 05:57 PM - 2 min read
With the U.S. and the European Union (EU) reducing imports of electric vehicles from China, there's a risk that China could resort to dumping these products in countries like India.
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March 6, 2024, 11:51 AM - 2 min read
Ajay Srivasatava, Founder of the Global Trade Research Initiative (GTRI), highlighted the inadequacies in branding, promotional activities, and limited access to global markets as factors contributing to the underperformance of Indian GI products internationally. He emphasized the importance of strengthening these areas to enhance the global presence and market value of Indian GI products.
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February 23, 2024, 11:30 AM - 2 min read
"Everyone wants to do an FTA with India. The main reason for this is India's high import duties, which make it difficult for these countries to access India's large and rapidly growing market," the report said. It added that these three pacts with UK, Oman, and the European Free Trade Association (EFTA) also reflect a shift in India's focus from east to west in terms of preferential trade partnerships.
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