ABSTRACT
This introduction presents an overview of the key concepts discussed in the subsequent chapters of this book. The book focuses on trade-investment policies in the Asian context, India's trade relationship with select Asian and non-Asian partners, implications of India's trade policies and multilateral negotiations. It analyses the nature of India's intra-industry trade (IIT) over 1990-91 to 2013-2014 at HS eight-digit level. The book notes that the resulting tariff reforms have opened up a new opportunity for the expansion of the Association of Southeast Asian Nations (ASEAN) production network to India. Through an analysis with the OECD Trade in Value Added (TIVA) database, the book analyses the degree of foreign value-added component in India's gross exports in selected sectors between 2000 and 2009, and the empirical findings confirm deepening of IPNs. It also analyses the relationship between services trade restrictions, cross-border trade in services and trade in the downstream manufactured sector.
