Article in Journal
India – A Giant in the Making?
Isabella Gourevich, Dorothee Hillrichs, Camille Semelet
CESifo, Munich, 2024
EconPol Forum 25 (1), 20-24
CESifo, Munich, 2024
EconPol Forum 25 (1), 20-24
- India has become a key player in services, and critical in pharma and food security in the Global South
- India is setting course to be a manufacturing hub with a mix of targeted subsidies and trade integration
- First successes are visible: India now exports more machinery and the quality of its goods is increasing
- The EU’s share in Indian trade has fallen since the 1990s, while China became its main trade partner
- Trade negotiations with the EU began in 2022. Success is a must for both sides but will be difficult to achieve
Included in
EconPol Forum 01/2024: BRICS Enlargement: What Are the Geoeconomic Implications?
CESifo, Munich, 2024