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India's competitiveness hurt by high tariffs: ICEA
Business Standard
|January 11, 2024
India has the highest tariffs among six manufacturing competitors such as China and Vietnam, according to a study released by the India Cellular and Electronics Association (ICEA) on Wednesday.
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The study underlines that the high tariff rates lead to increased costs, making it difficult for companies to join global value chains (GVCs), ultimately reducing India's competitiveness compared to other countries. India's simple average most-fa
This story is from the January 11, 2024 edition of Business Standard.
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