Business Jun 8, 2023
The road to Modi’s ambitious 'Made in India' goal runs through China
The more Indian firms try to ramp up production in competition with China, the more dependent they become on their neighbor for components and raw materials.
The more Indian firms try to ramp up production in competition with China, the more dependent they become on their neighbor for components and raw materials.
Economists says India needs to improve urbanization, infrastructure, labor force improvements and boosting manufacturing to cash in on its demographic dividend.
Indian officials worry that Russia's invasion will draw attention away from other priorities of the G20 meetings.