India Joins US-Led Excess Capacity Drive as Section 301 Pressure Mounts on Trade Policy
India has aligned itself with a US-led initiative targeting global excess industrial capacity, a move that comes as Washington intensifies scrutiny of trade distortions under Section 301. The decision underscores New Delhi’s effort to remain engaged in multilateral and bilateral trade conversations while preserving room for its own manufacturing ambitions. Experts say the challenge now is to cooperate without legitimising external pressure on Indian industry.
