India poised to benefit from FTAs, says RAI CEO Kumar Rajagopalan

INDIA has emerged as a “great place” to use the advantages accruing from Free Trade Agreements (FTAs), a senior retail industry official said as he highlighted the success of Make in India programme.

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“We are among the most attractive markets, with a growing young population that makes us one of the world's largest consumer markets with insatiable demand for the best in the world,” said Retailers Association of India (RAI) CEO Kumar Rajagopalan at an event here.

FTAs will also give Indians access to items that get manufactured abroad at a more convenient pricing, he added.

But he was also quick to dismiss notions of dumping cheap inferior goods into the Indian market, pointing out that the country has created laws that can protect against such trade-damaging practices, and that can be challenged at the World Trade Organization.