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India’s trade Initiatives in the digital era.

In OptiExim by Vivek C V

With the onset of the fourth digital industrial revolution, also called Industry 4.0, India like many other developing countries is facing new opportunities and challenges in international trade. The rising digitalization can greatly impact on trade competitiveness of the countries, benefitting the countries which are able to increase the digital content of their production and exports while adversely impacting the countries which are unable to catch-up in the digital race. To digitally prepare itself India has initiated some concrete programs like ‘Digital India’ which aims at transforming India into a digitally empowered society and knowledge economy