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India's true manufacturing rival is not China, it's someone else

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. ....

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India Manufacturing: India's true manufacturing rival is not China, it's someone else, ET Auto

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. ....

Republic Of , United States , New Delhi , Czech Republic , Narendra Modi , Eric Garcetti , Yoshimasa Hayashi , American Chamber , Foxconn Technology Group , Pegatron Corp , India Eric Garcetti , Indo American Chamber , Japanese Foreign Minister Yoshimasa Hayashi , Prime Minister Narendra , India Manufacturing , Make In India , India Pli Scheme , India China Manufacturing , India Vietnam Manufacturing , Suppy Chain Shift , Manufacturing Rival ,

The year when the Make-in-India lion started roaring: Top 10 ventures

In 2023, India showcased significant potential in its pursuit of becoming a manufacturing powerhouse, with numerous large-scale projects either in the planning stages or already underway. The Production-Linked Incentive (PLI) scheme, covering 14 sectors, proved to be a catalyst, attracting investments exceeding Rs 95,000 crore by September. Here are some noteworthy milestones in India s pursuit of local manufacturing in 2023, particularly in the cutting-edge fields of chips and telecommunications. ....

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Dixon to make Xiaomi smartphones at its Rs 256 crore Noida factory: Check details

The new Dixon facility was inaugurated by Union IT Minister Ashwini Vaishnaw ....

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India to disburse over Rs 400 crore in incentives this FY to Nokia, Jabil & 18 others under PLI scheme for telecom gears

The Department of Telecommunications (DoT) is set to disburse over Rs 400 crore in incentives in the current fiscal year to 20 companies, including Nokia, Jabil, VVDN, and HFCL, that have met production targets under the telecom gear manufacturing PLI scheme. This marks the second year of the program, and some companies will receive incentives for the first time due to their participation in the amended scheme and increased investments. ....

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