Reforms improved India’s competitiveness, strengthened resilience: CII’s R Mukundan
Economic Times 1 hr ago·16 Sept 2026, 1:43 pm
The Confederation of Indian Industry (CII) has highlighted that recent policy changes in taxation and digital infrastructure have significantly improved India's economic standing. This includes the implementation of the Goods and Services Tax (GST) and the JAM trinity, which have helped bring millions of people into the formal financial system. Additionally, increased government spending on infrastructure has helped reduce logistics costs, making the country more efficient for trade.
For investors, this signals a strengthening of the domestic market's structural foundation. The resilience shown by key manufacturing sectors, such as electronics and pharmaceuticals, suggests that India is becoming a more reliable destination for global trade. This environment supports the broader market by fostering a more integrated and competitive economy.
Looking ahead, the focus will be on whether the current momentum can be sustained. The key driver for future growth will be the pace of private investment and the development of deeper domestic value chains. Investors should monitor government announcements and private sector spending to gauge the trajectory of these reforms.
Excerpt from Economic Times
Reforms in taxation and digital infrastructure have boosted India's economic competitiveness. GST and the JAM trinity integrated millions into the formal financial system. Government infrastructure investment has significantly lowered logistics costs across the nation. Manufacturing sectors like electronics and…Read the original at Economic Times
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- Category: Economy.
- AI reads the tone as positive (potentially bullish) for the stock.
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