OECD report reveals Indian firms received significantly less government support than Chinese counterparts, impacting manufacturing competitiveness from 2005-2024.

OECD report reveals Indian firms received significantly less government support than Chinese counterparts, impacting manufacturing competitiveness from 2005-2024.

Chinese firms secured up to eight times more government subsidies than Indian companies from 2005 to 2024, as per the OECD's analysis of industrial support mechanisms.

Indian firms receive far less government support than Chinese companies. An OECD report highlights this disparity between 2005 and 2024. Indian companies borrow at market rates,…