How Indian are our Exports?

Are our exports Indian or American?

Globalisation has made this old distinctions obsolete, says Swaminathan S Anklesaria Aiyar. Most of our exports come from captive Indian units of multinational corporations who are looking to cut costs. In pure business terms these exports are the only the internal trade of MNCs.

Globalisation, Aiyar points out, is not a zero sum game.