minated by m oving to the GST. The currently prevalent region-specific fiscal concessions ar e creating the unsustainable locational distortions in the industry. 26. So far, India’s FTA with Thailand has resu lted in trade gain for India. The government must, however, parable , if not preferential, market access to domestic firms in partner countries, esp ecially in the Asia -Pacific region, while negotiating FTAs. 27. The principles pertaining to the rules of origin have to be strictly implemented. ______________________________________ JEL Classification: L62, F14, O25, D24 Key Words: Indian Auto Industry, Competitiveness, Efficiency and Indian Auto Policy. Views expressed in this paper are those of th e authors and may not necessarily reflect the views of anization
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