'Reconfiguration Of Trade Will Happen And Country Ready To Fill Gap'

According to Dr. Arvind Panagariya, the reconfiguration of global trade will happen in the next five to ten years as multiple players have stepped in. Big countries like India are expanding their export-oriented manufacturing in a variety of industries, while small players like Vietnam and Malaysia are seeking more share in global commerce. In an exclusive interview with Siddharth Zarabi of BTTV, Dr. Panagariya emphasises the significance of an environment that is favourable to MNCs in India.