Highlighting the opinions and thoughts of policymakers and think-tanks on global trade and foreign policy

If it adds to already a high level of volatility, that will not be productive. But if it comes at a time when volatility is relatively low, I think we all know that it has to happen at some point.

Source: The Wall Street Journal

Raghuram Rajan Governor, Reserve Bank of India On risk of currency depreciation and capital outflows in emerging markets due to Fed rate hike

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Five years ago, India’s export story looked strong and convincing... However, since 2013, India’s export growth has stalled. This fall in exports growth is disturbing. To get back on a higher export growth trajectory, we in India would need to improve manufacturing competitiveness

Source: The 194th annual general meeting of the Calcutta Chamber of Commerce

Mohammad Hamid Ansari, Honourable Vice President of India On the role of manufacturing to revive India’s exports 

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Exports are part of our new strategy for volume growth and business consolidation and introducing 10 new products in India over the next five years is a game changer going forward. We are targeting to export 19,000 cars this year and 40,000-50,000 cars next year.

Source: www.mydigitalfc.com

Arvind Saxena, President and Managing Director, General Motors India Speaking on GM India’s export plans 

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I request you to re-invest your profits into same business and do not invest your profits into making hotels, leisure, etc. That’s going to be the key point in deciding whether you will become number one globally or not. I request you to re-invest in enriching your facilities, build more plants and extend your capacities. Quality is imperative. In ‘Make in India’ slogan, I would like to add quality in India to make in India.

Source: The 55th annual session of Auto Component Manufacturers Association of India

Osamu Suzuki Chairman, Suzuki Motor Corporation Talking on the role of quality in making ‘Make in India’ a success