Overhaul of import tariff structure, customs processes to cut trade costs, boost manufacturing, exports: GTRI
India needs a sweeping overhaul of its import tariff structure and customs administration to reduce trade costs, strengthen manufacturing competitiveness and revive export growth, think tank Global Trade Research Initiative (GTRI) said on Saturday (January 17, 2026). It also recommended movement toward zero duty on most industrial raw materials and key intermediates, while adopting a…