HYDERABAD: The ongoing trade war between United States of America and
China will not have any impact on Indian export which is just below 2
per cent of the global trade, Chief Economic Advisor Krishnamurthy
Subramanian said recently.
Speaking to reporters on the sidelines of a programme here, he said the
slew of measures announced by the Centre for the revival of muted
growth in the economy were in the right direction, though it was
necessary to focus on the 'structural reforms.'
"Our exports share is still very small. Our share of global export
trade itself is about 2%. Therefore, we still have enormous opportunity
to grow. Even if there is actually some shrinkage in the pie of the
global trade, still we can grow our pie. Exports cannot grow unless
actually we emphasise on productivity, he said when asked about the
impact of the tariff war between US and China on India.
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