Trump win beneficial for India: Nomura
U.S. accounts for about 18% of India’s merchandise exports
U.S. accounts for about 18% of India’s merchandise exports
Garcetti mentioned that during the past year, he had travelled to more than 22 states and Union Territories, spanning from Wagah to Kanyakumari and from Mumbai to Kohima.
The two countries need to think how to reduce tariffs and make regulatory bodies more predictable to boost trade and economic relations further, says Garcetti.
Dimon says the presence of multinational giants such as Mckinsey and Accenture as well as domestic conglomerates like Tata Group are driving up the optimism in India.
Shifting assembly and procurement to India could lead to potential cost savings ranging from 25% to 40%, says Boston Consulting Group.
Supply chain disruption during the pandemic has really opened the doors for Indian suppliers to the world market
The surge in trade between India and the Netherlands is attributed to an increase in shipments of petroleum products, electronic items, chemicals and aluminium goods.