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, unlike China's below-benchmark loans. Key sectors like solar PV and semiconductors show concentrated subsidies in China. This data offers a clear comparison of global industrial support.

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.