By accepting WTO losses, India can be a bigger winner in trade

Decision to appeal defeat on technology imports was a mistake

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A smartphone user in Mumbai: High import tariff walls discourage domestic companies from investing in R&D. © Reuters

Ritesh Kumar Singh is founder and chief executive of policy research and advisory company Indonomics Consulting in New Delhi.

The World Trade Organization ruled against India in April in a dispute challenging the government's imposition of import duties on information and communications technology products.

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