Fareed Zakaria at Davos: 'India needs the trade deal more than America does'

Rajan Bharti Mittal on Indian Economy: 'We can't compromise a nation's sovereignty' in trade deals

Rajan Bharti Mittal, Vice Chairman of Bharti Enterprises, and Anand Goenka, President of FICCI, join India Today at Davos to discuss the evolving landscape of global trade and the Indian economy. Addressing the uncertainty surrounding a potential trade deal with the United States and the impact of global geopolitics, Rajan Bharti Mittal emphasized that while the world is in a state of influx, India's domestic consumption and government-industry collaboration keep the nation in good shape. He stated, "We can't compromise a nation's sovereignty in that sense or I would say the economic sense where there are entrepreneurs, SME, MSMEs involved, farmers involved." The discussion also touched upon the 'Mrs. 5' challenges and the need for equitable trade agreements. Anand Goenka highlighted the government's focus on diversifying Free Trade Agreements (FTAs) with developed nations like the EU, New Zealand, and Oman, noting that Indian industry is looking beyond immediate hurdles to leverage new global opportunities.