Key Points
While such statements before polls are considered a rhetorical ploy by a party to present the inevitability of its victory in order to swing the undecided voters, PM Modi has outlined the agenda of his next government...
India has begun chipping away at Chinas dominance in electronics exports in some key markets as manufacturers diversify supply chains away from the worlds factory to other parts of Asia, a new study shows..
While the government targets to increase exports, a rise in exports also makes imports higher simply because the value addition that happens in the country is still limited, and a significant portion is imported, assembled and then re-exported or used for domestic consumption, Krishnan said..
India will, in next five years, join the high-stake global stage of semiconductor manufacturing as it combines unparalleled design capabilities with $10 billion of incentives to draw manufacturers to set up new fabs and units that will cut dominance of Taiwan, South Korea and China, said IT and Telecom Minister Ashwini Vaishnaw...
In its possible third term, expect the Modi government to double down on its manufacturing and exports agenda to take advantage of China's decline as the western world's favourite destination for investment and supply chains...
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