The Narendra Modi government’s recent doubling of duties on imports of beauty aids, watches, toys, furniture, footwear, and, surprisingly, kites and candles shows India’s lack of competitiveness even in these entry-level labour-intensive industries.
Read More »India’s exports declining in labour intensive sectors
India’s labour-intensive industries are languishing. Not only are exports of these industries in the doldrums, industrial production data also shows tepid growth in these sectors.
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