The driver of growth is now coming from the developing world - TopicsExpress



          

The driver of growth is now coming from the developing world rather than the developed world. Economies like China have utilised Global Value Chains (GVC) to transform their trade paradigm. India and the developing world needs to learn from this. To study how best India can plug into GVC, the CII is organising ‘The Partnership Summit 2014: Emerging Global Value Chains: Building Partnerships’ from January 27-29 in Bangalore with the ministry of commerce and industry. With the participation of over 1,000 leaders from governments, businesses and academia from over 35 countries, we expect many new opportunities for Indian industry to be highlighted. In an article in the Financial Express dated 21 January 2014, Mr Chandrajit Banerjee, Director General, CII highlights on how India and the developing world can emulate China’s example by participating in existing GVCs and building newer ones, and in the process emerging as major contributors to global economic growth. bit.ly/19K20V9
Posted on: Tue, 21 Jan 2014 08:19:32 +0000

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