The Asia-Pacific Antitrust Review 2015

India: Trade Issues and Antitrust

20 February 2015

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 World Trade Organization (WTO).