ReferIndia News India’s 'China-plus-one' push needs tax ease and fast-track FTAs with developed nations: Arvind Virmani

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India’s 'China-plus-one' push needs tax ease and fast-track FTAs with developed nations: Arvind Virmani

Published on: May 17, 2026, 3:42 p.m. | Source: The Economic Times

India must reform its tax system and streamline clearances to attract global investments moving away from China. Economist Arvind Virmani emphasizes prioritizing Free Trade Agreements with developed nations. This strategy aims to integrate India into global value chains. The focus is on leveraging India's growing workforce and market potential alongside the technology and capital of multinational corporations.

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