Page 11 of US News

India’s NITI Aayog CEO BVR Subrahmanyam emphasized the need for lowering tariffs and dismantling non-tariff barriers to improve competitiveness in manufacturing. The National Manufacturing Policy (NMP) is expected to address these issues and focus on creating world-class trade ecosystems. Major reforms are also expected before Diwali, with a trade agreement between India and the US in the works.