PM Modi has sought to incentivise manufacturing in India through PLI schemes, but the components have come mainly from China, with Indian companies only engaged in assembling.
Modi govt ramped up scrutiny of Chinese businesses after a 2020 border clash between the two countries, banning more than 300 Chinese apps, including TikTok.
CCP-controlled China Investment Corporation replaced Norway’s SWF as the world’s largest sovereign wealth fund. While the latter reported a loss in 2022, CIC has reported a profitable return.
The dogs will survive whatever orders are passed. But institutions are more fragile than we imagine. Once lost, the trust they embody takes generations to rebuild.
With bad loans shrinking & capital buffers stronger, urban co-op banks’ new umbrella body NUCFDC is now prioritising rollout of digital transformation.
If deal goes through, Greece will be 2nd foreign country to procure vehicle. Morocco was first; TATA Group has set up manufacturing unit there with minimum 30 percent indigenous content.
Many of you might think I got something so wrong in National Interest pieces written this year. I might disagree! But some deserve a Mea Culpa. I’d deal with the most recent this week.
Till the diplomatic relationship improves, the economic engagement should be placed in a separate silo. Trade, investment, tourism. Cutting off access to such an immense economy, deeply integrated with the rest of the world, would be an act of self harm.
Till the diplomatic relationship improves, the economic engagement should be placed in a separate silo. Trade, investment, tourism. Cutting off access to such an immense economy, deeply integrated with the rest of the world, would be an act of self harm.