New Delhi, Jan. 7 -- As micro, small and medium enterprises (MSMEs) are among the worst-affected by Trump tariffs, there is need to focus on boosting domestic market by taking policy actions such as mandatory colour-coding of goods imported from other countries particularly China and requiring big retailers to export MSME-made Indian goods.

While giving these suggestions to boost local manufacturing, noted economist and Director of Institute for Studies in Industrial Development (ISID) Dr Nagesh Kumar said that colour-coding of Made-in-India goods and imported goods would not require any legislative change and can be easily done by just issuing necessary guidelines.

The ISID Director recommended that while Made-in-India products could h...