India will be fiercely competitive on many products due to comparative matrix of tariffs: Jyotiraditya Scindia

The current global tariff environment notwithstanding, India is expected to stay competitive due to its vast domestic market, scale advantages, and focus on innovation, Union Minister Jyotiraditya Scindia has said, asserting that seen even from the lens of a comparative matrix of tariffs vis-a-vis other nations, India holds a more favourable position. In a recent interview to PTI, Scindia – who is the Minister for Communications as well as Development of North Eastern Region (DoNER) -noted that given that other nations too face varying levels of tariffs, India will likely emerge “fiercely and much more competitive” across numerous products than before.