India Manufacturing: India needs to shift its focus from the domestic market and become regionally competitive and export-driven if it wants to build a robust computer and electronics manufacturing industry. Vietnam, not China, is its biggest rival in this regard. The US and other countries have called on India to make its business environment more transparent and easier to navigate to attract foreign direct investment. Cutting import duties should be a priority. India s higher import taxes and complicated business environment make it less competitive compared to regional rivals like Vietnam.
Ludhiana: Amid lack of employment opportunities and large-scale lay-offs by multinational companies, entrepreneurship is garnering the attention of th.
Kant said the government will make India a global champion through the 'Make In India' initiative and by getting the best practices, "not necessarily following what the American ambassador is advocating in India".
India's G20 sherpa Amitabh Kant Friday said Americans do protectionism of the highest order and advocate laissez-faire for the developing countries as he dismissed US ambassador Eric Garcetti's suggestion of reforms in India's taxation system.
Dr Bina Modi is the Outstanding Business Woman of the Year bignewsnetwork.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bignewsnetwork.com Daily Mail and Mail on Sunday newspapers.