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Thursday, Sep 23, 2021
Outlook.com

So What Gives?

India Inc is too pragmatic to be overly expectant from Obama’s visit

So What Gives?
PTI
So What Gives?
outlookindia.com
-0001-11-30T00:00:00+05:53

US sets sights on

  • FDI in multi-brand retailing
  • lMore stringent Indian IPR laws, copyright compliance
  • Greater market access; lower import duties in general
  • Dilution of nuclear mishap liability

India’s wishlist

  • Removal of US restrictions on dual technology transfer
  • Clear roadmap on science & technology, agriculture collaboration
  • “Totalisation agreement” to protect interest of IT workers
  • Greater market access for goods that are exported

The likeliest outcome

  • FDI in multi-brand retailing likely—but by end of the year
  • Indian assurance of greater compliance of IPR norms
  • US will not ease fears on outsourcing
  • Indian imports without adequate safeguards are unlikely
  • Some easing of nuclear liability regime likely

***

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