India Must Deepen GVC Integration, Improve FTA Utilisation to Boost Export Competitiveness: Deloitte India
New Delhi, Oct. 5 -- India needs to deepen its integration into global value chains (GVCs), strengthen supply chain resilience and improve utilisation of free trade agreements (FTAs) to boost exports and high-end manufacturing, Deloitte India said.
India should further reduce logistics costs through multimodal export corridors by focusing not only on infrastructure creation but also on end-to-end supply chain efficiency, Anil Talreja, Partner, Deloitte India, noted.
Priority should be given to reducing costs related to port handling, transportation, warehousing, rail connectivity, container availability and last-mile logistics, he added.
Focus On Technology, Value Addition
"India's next phase of export-led manufacturing must move beyo...
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