Asia's international production networks : will India be the next assembly centre?
Date
2012-08
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Publisher
ARTNeT, United Nations ESCAP
Abstract
Participation by Indian industries in global and in Asian international production networks (IPN) is low. Most exports comprise low technology, labour-intensive goods such as textiles, gems and jewellery, and animal and leather products. India’s existing Preferential Trade Agreements (PTAs) do not appear to be designed with the objective of reducing costs involved in setting up an IPN. Five key policy recommendations are proposed based on the current state of India’s participation in IPNs and associated policy challenges. Actions should be taken in the area of reducing behind-the border restrictions on international trade and investment, with a focus on improving domestic regulations.
Description
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Synthesis Report
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Keywords
INDIA, INTERNATIONAL PRODUCTION NETWORK, FOREIGN INVESTMENT, PRODUCTION FACTORS, MANUFACTURING, PREFERENTIAL AGREEMENTS, AUTOMOBILE INDUSTRY, ELECTRONICS INDUSTRY, FOREIGN TRADE POLICY, TRADE FACILITATION, TRADE AGREEMENTS, SOUTH ASIA