GSP loss to have only limited impact on India's export trade: CRISIL

The United States’ (US’) withdrawal of trade benefits under the Generalized System of Preferences (GSP) scheme will only have a limited impact on India’s overall export trade, according to analytical research major CRISIL.  In 2018, India’s goods and services trade with the US totalled $142.1 billion, with exports constituting $83.2 billion. In three key sectors, CRISIL found that while the competitiveness and margins of exporters may come under pressure, exports won’t be suddenly hit, remaining in sync with larger trends.  This includes the .....
Key stories on business-standard.com are available to premium subscribers only.

Already a premium subscriber?

Subscribe to get an across device (Website, Mobile Web, Iphone, Ipad, and Android Phone applications) access to Premium content, Breaking News alerts, Industry Newsletters, Stock and Corporate news alerts, access to Archives and a lot more.