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Wednesday, Apr 07, 2004

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Opinion - Letters


Trade potential

This refers to "India beware: The dragon is moving, and fast" (Business Line, April 6).

Though India is currently lower down in the economic ladder when compared with China, India's trade potential cannot be undermined. Recent studies have revealed that India, at present, trades below 66 per cent of its potential.

It is, therefore, imperative for India to exploit its trade potential to the fullest, especially in sectors such as software industry, biotechnology, and so on, where Chinese entrepreneurs mostly depend upon India.

This will enable India to exploit fully the benefits of free trade with China.

C. Ramesh

Keeramangalam (TN)

Letters to the editor and contributions can be sent by e-mail to: bleditor@thehindu.co.in

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