• Saturday, August 13, 2022

Business

Arun Jaitley: Trade war will help India emerge as bigger trading and production hub

India must closely watch the situation in the global market as to when the challenge turns into an opportunity, Jaitley said. (Photo: MANJUNATH KIRAN/AFP/Getty Images).

By: Radhakrishna N S

India’s finance minister Arun Jaitley said on Friday (28), that the ongoing global trade war may have caused for an initial instability in the global market, but will gradually provide opportunities for India as a largest trading and production hub. Delivering a speech at the annual session of PHD Chamber of Commerce in New Delhi, Jaitley said some global economic trends do adversely impact the domestic market, but moving forward, such trends will open up avenues for the country to grow at a faster rate. India must closely watch the situation in the global market as to when the challenge…

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