As Indian manufacturers navigate the challenging waters of global trade, they find themselves increasingly overshadowed by Chinese businesses that enjoy significant state backing. An OECD report underscores the disparity, revealing that Chinese firms are often recipients of extensive subsidies, tax incentives, and affordable credit, which gives them a much-needed edge.

As Indian manufacturers navigate the challenging waters of global trade, they find themselves increasingly overshadowed by Chinese businesses that enjoy significant state backing.…

If India is committed to being a manufacturing alternative to China, it must first ensure that the competition it enters is transparent, measurable, and governed by universally…