India losing to smaller rivals in manufacturing: World Bank
India's global trade share has not kept pace with its economic growth, losing out to Bangladesh and Vietnam in low-cost manufacturing exports. The World Bank advises lowering trade costs and revising trade pacts to boost exports. Prime Minister Modi aims to transform India into a manufacturing hub as businesses diversify from China.
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India's global trade share has not kept pace with its economic growth, losing out to Bangladesh and Vietnam in low-cost manufacturing exports. The World Bank advises lowering trade costs and revising trade pacts to boost exports. Prime Minister Modi aims to transform India into a manufacturing hub as businesses diversify from China. 
