‘Poor infrastructure hampering growth’

“The reform process, however, is addressing these areas,” he said adding that India has improved its competitiveness in certain sectors in the post-liberalised period and the same should percolate to all sectors of the industry. Unido DG Carlos Alfredo Magarinos stressed that ‘productivity and competitiveness’ is critical for the Indian industry to excel in the world market.

Adding that India has a “position of leadership” among developing nations, he cautioned that India may lose its competitive advantage in textile sector if it would not focus on increasing productivity.