Developing Linkages Between Technology-Intensive Exports and GVC Participation : A Perspective From India and G20 Countries

The G20 representing the world’s major developed and developing countries is witnessing a troika for the very first time of developing countries—Indonesia, India, and Brazil. India at the helm of the G20 presidency can strengthen its ties while shouldering the responsibility to lead the world to economic recovery. India’s priorities with respect to trade and supply chain resilience can only be understood if there exists a background on the trade relationship between India and the G20 countries. This paper develops the linkage between technology-intensive exports and GVC participation for the period 1995-2018. The results point towards the importance of forward linkages for India’s exports of both high and low-tech exports and the backward linkage for medium-tech exports. The results show a connection between technological capabilities and exports to G20 nations through India's participation in the GVC. In light of this, this paper offers guidance for timely and well-informed sector-specific strategies