Indian and Vietnamese incentives to attract electronic manufacturing have driven large-scale investments by major MNCs that in turn played a crucial role in driving manufacturing relocation. Vietnam and India’s mobile phone assembly boom, a key driver of that diversification, seems poised to continue. This will provide a solid foundation to...
India’s Bilateral Trade Agreements Boost its Economy
Among other factors, a country’s economic health is determined by trade flows. The movement of goods across countries forms the backbone of international trade. Small and medium businesses account for about half of India’s merchandise exports. This underlines the significance of the estimated 60 million micro, small and medium enterprises...