BUSINESS
India mustn’t miss this chance to supercharge its electronic goods industry
Blaming the Information Technology Agreement-1 (ITA-1) for China edging out Indian manufacturers and snubbing the new ITA-2 agreement won’t fix our failings in R&D investment or industrial innovation. Higher tariffs won’t help either as competitive exports require cheap imports. India should join ITA-2 like China did with ITA-1 and negotiate better terms