February 2017 Issue - on stands now! Don't miss the cover story: Can #India's outsourcing industry survive the #Trump attack? - Grab your copy now. Visit https://www.thedollarbusiness.com/subscription to #subscribe online

1. TRUMP’S ASCENSION TO AMERICA’S PRIME CORNER
OFFICE HAS SHAKEN UP THE WORLD OF FOREIGN TRADE.
HE HAS PUT PROTECTIONISM AT THE FOREFRONT OF HIS
TRADE POLICY AND HIS VIEWS ON THE H-1B VISA AND
OUTSOURCING HAVE GOT INDIA’S SERVICES EXPORTERS
WORRIED! HOW WILL HIS NEW POLICY STANCE IMPACT
INDIA’S OUTSOURCING INDUSTRY?
CAN INDIA’S
OUTSOURCING
INDUSTRY SURVIVE
MARS ATTACK?
(READ:TRUMPATTACK)
www.thedollarbusiness.com Vol.4 Issue 02 February 2017 100 $2
Videophones
Securing Homes
Imports are riding the
real estate wave
Agarbatti
Fragrant Demand
Quality is driving exports
Policy Focus
Budget Expectations
A wish list from exporters

2. 6 THE DOLLAR BUSINESS II FEBRUARY 2017
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COVER STORY22
Donald Trump’s ascension to the Presidency
of the United States of America has shaken
up the world of trade. His inauguration speech
emphasised “Buy American. Hire American”.
And his stance on H-1B visas and outsourcing
has made India’s IT majors sit up. Is India’s
outsourcing industry primed to withstand the
rogue wave that is about to hit it?
CAN INDIA’S
OUTSOURCING
INDUSTRY
SURVIVE THE
TRUMP ATTACK?
FEBRUARY 2017 II THE DOLLAR BUSINESS 7
INBOX
LETTERS TO THE EDITOR
Readers’ feedback, criticism and
appreciation that hit our mailbox
in January 2017
MONOLOGUE
PEOPLE SPEAK
Trump on US policy, Jim Yong
Kim on global economic
growth, PM Modi on GIFT City
& more
GLOBAL TRADE
From UK-Ireland trade deals and
China’s new rail route to London to
Korea’s imports of eggs & more
INDIA TRADE
From India’s GDP growth to the
India-Uruguay customs agreement
& much more
FACE2FACE
KRISHNARBHUPAL,DIRECTOR,
GVK POWER & INFRA
Talks about developing airports in
India and abroad
IMPORT’ONOMICS
VIDEOPHONES
Importers enjoy enormous profits
while riding the real estate wave
SECRET INGREDIENT
AGARBATTI
India is the largest exporter of agar-
battis in the world. But what makes
this business so lucrative?
CASE STUDY
TORERO CORPORATION
A fascinating story of a manufactur-
ing start-up that is creating a new
niche in leather accessories
THE MIDAS TOUCH
MOUNTED BRAKE LININGS
Can India become the global
manufacturing hub for this
auto component?
POLICY FOCUS
UNION BUDGET 2017
What exporters expect from the Fi-
nance Minister in the Budget 2017
DOCKYARD
ICD NAGPUR
Will mending its iffy past help ICD
Nagpur realise its true potential?
TDB FORUM
Questions about foreign trade that
hit our mail box in January 2017
DATEBOOK
Some must-visit trade shows
KALRAJ MISHRA
UNION MINISTER FOR MSMEs
On enhancing the sustainability and
competitiveness of the MSME sector
NINA VASKUNLAHTI
AMBASSADOR OF FINLAND TO INDIA
Speaks about the current state of Finland-India
trade & investment ties and the way forward
08
10
16
48
12
6850
54
62
72
76
82
86
92
94
RAKESH
KUMAR
BHATNAGAR
DIRECTOR
GENERAL, TEPC
Talks about the issues
plaguing the industry &
the outlook for the sector
PRATYUSH
KUMAR
PRESIDENT,
BOEING INDIA
On how manufacturers
in India can leverage
growth opportunities in
the aerospace sector
60 70
CoverPhotobyGageSkidmore.LicensedunderCCBY2.0

3. 22 THE DOLLAR BUSINESS II FEBRUARY 2017
BY NEHA DEWAN AND AHMAD SHARIQ KHAN
CAN INDIA'S
OUTSOURCING
INDUSTRY
SURVIVE THE
TRUMP ATTACK?
Uncertainty has descended upon the $150-billion Indian outsourcing
industry in anticipation of the protectionist regime under President Trump.
Protectionism has been a popular election rhetoric across nations, and more so
in recent times. And the voting masses seem to like it. Will Trump’s campaign cry for
protectionism cross the boundaries of poetic drama and come alive as laws? There is no
doubt that US being the largest consumer nation in the world, governments across the globe
will keep a close watch on Trump’s policies. India will be no exception. The hot-button topic
for India – ‘outsourcing’, has surfaced again and the impact of Trump’s announcements, be it
restrictions on H-1B visas or penal taxes on US companies for outsourcing jobs, is being felt
already in India. And this, coming during times when India's outsourcing industry has been
experiencing a rough patch isn't an encouraging development. How hard will an avalanche of
protectionist measures from the Trump regime hit India's outsourcing industry?
COVER STORY INDIA'S OUTSOURCING INDUSTRY: AN UNCERTAIN FUTURE?
FEBRUARY 2017 II THE DOLLAR BUSINESS 23