Can India’s economy thrive without China’s help?
The country’s restrictions on technology and people from its rival risk stifling its ambitions to become a manufacturing superpower
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https://www.ft.com/content/5a2b4491-5687-4b11-872d-a4f51121bbb2
At a testing facility near the town of Cheyyar in India’s southern Tamil Nadu state, a new generation of Mahindra Group vehicles are being put through their paces.The carmaker’s latest flagship sport utility vehicles whizz around a high-speed racetrack with sheer banking slopes, muddy off-road courses, and potholed lanes designed to simulate Indian roads. At the company’s nearby research centre, electric vehicle prototypes due to be released early next year are being fine tuned and equipped with the latest digital technology.Mahindra’s futuristic fleet attests not only to a rising automotive sector in India, but to Prime Minister Narendra Modi’s Atmanirbhar Bharat Abhiyaan, or “Self-reliant India”, campaign.
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LIVE: India Reopens Doors For Chinese Investors Amid Border Standoff
India is welcoming Chinese investors again, with recent approvals for new investments in the electronics manufacturing sector. This development is noteworthy considering the border standoff between the two countries since 2020, which led India to impose strict restrictions on Chinese...
www.firstpost.com