22 September, 2025Trump’s tariffs and India’s strategic response
India-US trade relations have taken a sudden and sharp turn for the worse, with the US imposing a 50% tariff rate on imports from India. In this post, Gulati, Rao and Suntwal highlight that the impact...
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Ashok Gulati Sulakshana Rao Tanay Suntwal 
25 August, 2025
- Perspectives
Trends in India’s regional export diversification
The recent disruptions in global trade point to the emergence of a ‘new normal’, where flows of goods are vulnerable to factors such as conflicts, uncertain tariffs, and export restrictions. In th...
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Sharmila Kantha
- 04 July, 2025
- Perspectives
India’s new FTAs: Strategic shift to developed economies
The recently concluded India-UK Free Trade Agreement is a part of a wider shift in India’s global economic strategy, which has involved a renewed focus on FTAs with developed countries. In this post...
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Sharmila Kantha
- 23 May, 2025
- Perspectives
Growing threats to global trade
After an era of hyperglobalisation in the 1990s, there has been a clear change in policy and public attitude toward global trade. This article looks at the recent backlash against globalisation and th...
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Pinelopi Koujianou Goldberg Tristan Reed
- 29 August, 2023
- Perspectives
Does development of transport infrastructure increase rural land inequality?
Investments in transport infrastructure reduce trade costs and lead to integration of villages with urban markets. This article suggests that this spatial integration could have the unintended consequ...
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Claudia Berg Brian Blankespoor M. Shahe Emran Forhad Shilpi
- 08 August, 2023
- Articles
Economic integration and the transmission of democracy
Dramatic increases in globalisation resulted in autocratic countries being exposed to the institutions and values of their democratic trade partners. Exploiting improvements in air transportation rela...
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Giacomo Magistretti Marco Tabellini
- 15 June, 2023
- Articles
Lockdown-induced trade disruptions and adaptations by firms
In the face of trade disruptions, firms can reorient their trade to minimise risk. This article documents a fall in inter-state trade in India during the Covid-19 lockdown, that continues until Decemb...
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Anindya Chakrabarti Kanika Mahajan Shekhar Tomar
- 24 February, 2023
- Articles
The impact of services trade on non-tradable services in India
A share of India's service sector growth can be attributed to tradable services, which can also have positive productivity impacts on manufacturing. This article looks at the effect of services trade ...
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Besart Avdiu Ritam Chaurey Gaurav Nayyar Karan Singh Bagavathinathan
- 25 November, 2022
- Articles
Opportunities, risks and realities of India’s participation in global value chains
Despite its manufacturing capability, India, unlike other Asian countries, has failed to integrate into global value chains (GVCs). In this post, Karishma Banga discusses the nature of India’s GVC i...
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Karishma Banga
- 17 September, 2022
- Perspectives
How tradable services can aid the jobs challenge in India
Although the rising demand for services has led to its increased contribution to employment in many developing countries and globally, India's growth in services has not translated into a proportionat...
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Rupa Chanda
- 16 September, 2022
- Perspectives
Has the export-oriented manufacturing model reached its sell-by date for India?
As India faces the challenge of creating millions of well-paying jobs for its rapidly growing working-age population, Devashish Mitra analyses which sectors and what strategies can provide these good ...
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Devashish Mitra
- 12 September, 2022
- Perspectives
Safeguarding strategic interests with development finance? India's response to China's expanding footprint in the Global South
Studies have suggested that both India and China use grants and concessional loans as a means to gain favour with developing countries. Using 2007-2014 data on development projects implemented by the ...
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Gerda Asmus Vera Eichenauer Andreas Fuchs Bradley Parks
- 06 July, 2022
- Articles
Global supply chain disruptions: Causes and the way ahead
The impact of the Covid-19 pandemic has been disastrous for the global supply chains, with persistent effects since early 2020, and knock-on effects now gaining intensity. In this post, Sharmila Kanth...
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Sharmila Kantha
- 13 December, 2021
- Perspectives
Current state of play in India’s services trade
Since the 1990s liberalisation reforms, the services sector has been seen as a key driver of India’s economy. Against the backdrop of the WTO Ministerial Conference, Anil Kumar Kanungo examines the ...
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Anil Kumar Kanungo
- 01 December, 2021
- Perspectives
Global value chain participation and intermediate export sophistication
While the dominance of global value chains (GVCs) in production processes is a widely accepted fact, the impact of participation in GVCs is still being explored. Using data from a sample of 100 nation...
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Neha Betai Rupa Chanda
- 26 July, 2021
- Articles
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Implications of shifting trends and patterns in India’s oil exports
Sharmila Kantha outlines why the high share of petroleum products in India's exports is a concern – particularly considering the declining trend in India's oil and gas production and fluctuating glo...
- Sharmila Kantha
- 22 January, 2024
- Perspectives
India’s trade protectionism and low-productivity vicious cycle
Amid rising populism and anti-globalisation movements across the world, Atmanirbhar Bharat represents India’s adoption of trade protectionism. While the country’s inward-oriented economic policies...
- Srijan Shukla
- 07 July, 2021
- Perspectives
What explains India’s poor performance in garment exports?
India has been losing its share of the world garment trade over time – it went down from 6% in 2013 to 3.5% in 2016. This article examines the Indian garment industry based on a survey of garment ma...
- Saon Ray
- 28 August, 2019
- Articles