💨 Abstract

The article discusses the success of India's 'China Plus One' manufacturing strategy, focusing on the indigenization of mobile phones and air conditioners over the past few years, as per Chief Economic Adviser Anantha Nageswaran. He stated that it is premature to conclude that India hasn't benefited from this strategy, citing the success of PLI schemes and the reduction in mobile phone imports.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖