New Delhi, March 5 -- Santosh Kumar Sarangi, Director-General of Foreign Trade has called for a comprehensive review of the country's trade and industrial policies, highlighting significant challenges that threaten the nation's export ambitions.

He emphasised the urgent need for strategic recalibration in light of increasingly competitive global markets.

The export landscape is rapidly changing, with advanced economies implementing aggressive industrial policies.

The United States has introduced the Inflation Reduction Act and CHIPS Act, while the United Kingdom has developed an Advanced Manufacturing Plan, and the European Union has launched its green deal. These developments create a more complex environment for Indian exporters.

Th...