The current government has taken welcome steps to improve the business environment in India. Through Make in India, it also continues to give manufacturing a much-needed push. However, banking on the government for business improvement is not realistic, especially for small and medium enterprises…
Tag: globalisation
Focus on home, world does not need another low-cost exporter
Globalisation has been on the ascent since the collapse of the Berlin Wall, with the free flow of trade and capital benefiting both the developing and the developed world. India has more than tripled its per capita income since joining the global economy in 1991. Within a decade and a half of joi…