New industrial policy linking global supply chain on the anvil: Suresh Prabhu
https://lnkd.in/fD4e97z
Extract :
Stressing the need for Indian industry tapping global supply chains, Prabhu said, “Manufacturing cannot happen end to end in one geography. It has to be part of a global value chain and global supply chain. That is why we are discussing a new industrial policy which is awaiting Cabinet approval, focusing on how to develop mutually beneficial value chain and supply chains.”
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In my blog " Draft GST Law / 16 June 2016 " , I wrote:
NATURE
https://lnkd.in/famFA3E
* A physical " Product " ( Capital Goods / FMCG / Consumables / Perishables )
* A virtual " Service " ( Medical advice / Legal advice / Consultancy / Software etc )
# GEOGRAPHIC SPREAD
* Across National boundaries ( International Trade )
* Across State boundaries ( within India )
* Across Municipal boundaries (within a State )
# SUPPLY- CHAIN / INTERMEDIARIES
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