India's Restrictive Trade Policy hampers economic ties

India's restrictive trade policy is weighing heavy on the economic ties with the European Union, says a report. India's trade regime and regulatory environment still remain comparatively restrictive, according to the "Trade and Investment Barriers Report 2011" published recently by the European Commission, the EU's executive body.

"With regard to intellectual property, some improvement in the IPR enforcement infrastructure has been reported, however there are still significant concerns about India's response to counterfeiting and piracy."

"Furthermore, in the area of procurement, the Indian legislative framework remains incomplete. Major reforms are needed to ensure compliance with international standards and a predictable environment for bidders," the EU report said.

The report argues that the current trade performance between the EU and India falls far short of its potential.

In four years, EU-India trade has increased by 31 percent to over 53 billion euro in 2009 and EU investment to India has more than quadrupled since 2003 to 3.1 billion euro in 2009.

Related opportunities

Online Food Ordering Services

Newar Food and Hospitality

We started extending our territories in 2016 and ever since,..

Locations looking for expansion West bengal

Establishment year 2016

Franchising Launch Date 2023

View Detail

Investment size Rs. 5lakh - 10lakh

Space required 100

Franchise Outlets -NA-

Franchise Type Unit

Headquater Kolkata West bengal
Pathological Labs

Yoda Lifeline Diagnostics Pvt.Ltd.

YODA is a one-stop destination for all your diagnostic needs...

Locations looking for expansion Andhra pradesh

Establishment year 2021

Franchising Launch Date 2023

View Detail

Investment size Rs. 50lakh - 1 Cr.

Space required 250

Franchise Outlets -NA-

Franchise Type Unit

Headquater Hyderabad Andhra pradesh
Lingerie & Innerwear

Lux Industries Ltd

ONN is the new Premium Men Inners/ Athleisure Brand from..

Locations looking for expansion West bengal

Establishment year 2022

Franchising Launch Date 2022

View Detail

Investment size Rs. 10lakh - 20lakh

Space required 200

Franchise Outlets -NA-

Franchise Type Unit

Headquater Saltlake West bengal
Quick Service Restaurants

PUCHKAMAN

PUCHKAMAN – The Street Food Ka Superhero Puchkaman is a unit..

Locations looking for expansion West bengal

Establishment year 2018

Franchising Launch Date 2019

View Detail

Investment size Rs. 5lakh - 10lakh

Space required 150

Franchise Outlets -NA-

Franchise Type Unit

Headquater Kolkata West bengal