Large number of FTAs to impact manufacturing sector: Ficci

NEW DELHI: Expressing concern over a large number of free trade agreements signed by India, industry body Ficci on Tuesday said it would make the country’s manufacturing sector "uncompetitive".

"...there is a danger here that our manufacturing will become increasingly uncompetitive. People will import especially, when we have signed free trade agreements with ASEAN and Sri Lanka. We will import duty free, so manufacturing is under threat," Ficci Secretary General Rajiv Kumar said here at a seminar.