'Things need to change'

Analysis by Karishma Vaswani, Asia business correspondent

India is the world's biggest beneficiary of America's GSP programme, which was created in the 1970s to help developing and poor countries improve their economic growth prospects.

At the time, India was clocking in growth rates of as low as 3.5%. This year it is thought that it could shoot up to the world's fifth largest economy, rivalling the UK.