100 imports, $51bn bill: India steps up domestic manufacturing
The renewed focus on expanding domestic production comes as India faces heightened supply-chain risks arising from geopolitical tensions. At the same time, the government is seeking to lower its dependence on China while reducing the country's trade deficit.
The renewed focus on expanding domestic production comes as India faces heightened supply-chain risks arising from geopolitical tensions. At the same time, the government is seeking to lower its dependence on China while reducing the country's trade deficit.
