The establishment of the World Trade Organization (WTO) in 1995 is one of the significant achievements of the international community in recent history. As an organization, the WTO plays a role which is unparalleled to any other international institution. Take the case of India. The WTO put an end to India’s several decades’ of practice of maintaining quantitative restrictions on balance-of-payment grounds 1 , required India to change its automobile policy 2 and import policy on several agricultural products, 3 and mandated India to institute product patents for pharmaceutical, agricultural and chemical products; 4 on the other hand, the WTO, helped India seek market access in textiles