Import Surge in the Indian Manufacturing Sector during the Trade Liberalisation Phase

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  • Economic and Political Weekly Vol.59; No.25 - 22 June 2024 pp. 35-41
Subject(s): Online resources: Summary: The emphasis on aatmanirbharta (self-reliance) has changed the perspective to target our trade as well as industrial policy to come out of the excessive reliance on imports and build up a domestic manufacturing base. In this context, the article analyses the nature of import dependence from the lens of the effect that import liberalisation had on various industries leading to an import surge. The subsequent impact on select industries identified with the import surge indicates that liberalisation did adversely impact the prospects of employment in these sectors.
Item type: Journal Articles
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The emphasis on aatmanirbharta (self-reliance) has changed the perspective to target our trade
as well as industrial policy to come out of the excessive reliance on imports and build up a domestic manufacturing base. In this context, the article analyses the nature of import dependence from the lens of the effect that import liberalisation had on various industries leading to an import surge. The subsequent impact on select industries identified with the import surge indicates that liberalisation did adversely impact the prospects of employment in these sectors.

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