India is recognised globally as a major economic power, yet it remains one of the most protectionist nations, with high import tariffs long predating President Trump’s trade policies. Key industries such as agriculture, automotive, and electronics are shielded by even higher tariffs. This protectionist stance stems from India’s post-independence policy of economic self-sufficiency, rooted in concerns over foreign dominance and the need to protect local industries from large-scale global competitors. However, in today’s interconnected world, this approach may hinder India’s economic growth and global competitiveness, suggesting that a reassessment of such policies is necessary.
