The trade impact of the coronavirus epidemic for India is estimated to be about 348 million dollars and the country figures among the top 15 economies most affected as the slowdown of manufacturing in China disrupts world trade.
Since mid-2018, the US and China have been locked in a trade confrontation that has resulted in several rounds of retaliatory tariffs.
"The computer services industry in India is increasingly catering to the domestic market, leveraging expertise gained from exporting while at the same time reducing an over-reliance on such exports," the report said.
"Investment was strong in manufacturing, communication and financial services -- the top three industry recipients," said the UNCTAD World Investment Report 2019 released on Wednesday.
The report, however, said that with the USD 22 billion FDI, India just about managed to make it to the top 10 host economies receiving the most FDI during the period.
However, UNCTAD’s World Investment Report 2017 added that in India’s case, tax-related concerns remain a deterrent for some foreign investors.
New Delhi: The Indian economy will grow at a rate of 5.6 percent in 2014, the United Nations Conference on Trade and Development (UNCTAD) Thursday said in its annual report.The UNCTAD Trade and Development Report
New Delhi, Sep 6: The Indian economy is likely to expand by 8.1 per cent in 2011, the fastest growth rate in the world after China, UN agency said today.In its global release of Trade
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