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PM Modi pushes to cut imports to shield India from shocks
India is likely preparing a major import substitution drive as geopolitical tensions and supply chain risks push the government to reduce dependence on foreign goods. The Centre is identifying over 100 products for domestic manufacturing, while boosting incentives for semiconductors, smartphones, fertilisers and critical industries to strengthen India's economic resilience and manufacturing base.
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thehindubusinessline.com
India identifies 100+ products to reduce imports amid rising geopolitical risks
The Modi government is preparing an import substitution plan covering 100+ products to boost domestic manufacturing and reduce dependence on China
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economictimes.indiatimes.com
PM Modi pushes to cut imports to shield India from shocks
India is likely preparing a major import substitution drive as geopolitical tensions and supply chain risks push the government to reduce dependence on foreign goods. The Centre…
