Reforms improved India’s competitiveness, strengthened resilience: CII’s R Mukundan

Reforms in taxation and digital infrastructure have improved India's economic competitiveness, according to the Confederation of Indian Industry's R Mukundan. These changes have strengthened the country's resilience by integrating millions into the formal financial system through the Goods and Service Tax and the JAM trinity. This has led to lower logistics costs and increased growth in manufacturing sectors like electronics and pharmaceuticals, resulting in higher exports. The improved competitiveness is a positive sign for India's economic future.

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India's economic competitiveness has improved due to reforms in taxation and digital infrastructure. This could lead to increased investor confidence and foreign investment.

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