The Asia-Pacific Antitrust Review 2014

India: Trade Issues & Antitrust

13 February 2014

Introduction The first decade of the 21st century saw India reap rich dividends from the dismantling of the trade restrictions and high tariff barriers. Supported by a positive and strong industrial policy, India sustained a GDP growth rate of 7.7 per cent compounded annual growth rate (CAGR)1 for 2000–2010. Prior to this, in 1995, India also became a founder member of the WTO.