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Trade watch: Niti Aayog calls for tariff cuts, manufacturing shift; flags passenger vehicles as key export opportunity

India needs a clear strategic push, including lower tariffs and a shift in manufacturing towards high-demand segments such as passenger vehicles, to strengthen its competitiveness in global markets, Niti Aayog said on Tuesday.In the latest Trade Watch Quarterly for April–June 2025, the policy think tank said India must also work on boosting two-way trade, increasing…

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