An international conference organised by the Centre for Trade and Investment Law (CTIL) focused on India’s evolving industrial policy, the role of Production Linked Incentive (PLI) schemes, and the country’s green transition and inclusive sustainability efforts. Held from January 17 to 19, 2025, at NALSAR University of Law, Hyderabad, the event was hosted in collaboration with the Centre for International Trade and Business Laws, NALSAR, the World Trade Institute, University of Bern, and the WTO India Chairs Programme.

The conference, themed ‘Navigating the Future: Industrial Policy and Global Competitiveness’, addressed the importance of aligning India’s industrial policy with WTO disciplines to maintain a rule-based international trading system. Through panel discussions and technical sessions, experts explored the resurgence of industrial policy, its impact, and its compatibility with global trade norms.

Prominent speakers included Prof. James J. Nedumpara, Head of CTIL, who stressed the importance of green industrial policy for fostering innovation and technology. Shri Dammu Ravi, Secretary (Economic Relations), Ministry of External Affairs, highlighted India’s potential role in global critical raw material supply chains and the need to create value and employment within the country.

Former Planning Commission Deputy Chairman Shri Montek Singh Ahluwalia discussed the global shift toward protectionism and called for cost-effective interventions in critical sectors, transparency in PLI initiatives, and adherence to WTO rules. The event also featured insights from renowned international trade and policy experts, including Dr. Werner Zdouc, Prof. Henry Gao, and Dr. Alicia Gracia.

CTIL launched its monthly investment law newsletter, ‘Investment Law Compass’, aimed at providing accessible insights into the global investment framework. The conference concluded with reflections on its rich discussions and global participation, marking a significant step toward shaping India’s industrial policy for sustainable and competitive growth.

(PIB )