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India government has decided to let lapse a $23 billion program to incentivize domestic manufacturing, just four years after it launched the effort to woo firms away from China, according to four government officials.๐๐ญ
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Officials have been are concerned about the impact of importing billions of dollars worth of furniture, lighting, fixtures and sanitaryware annually from China, and its impact on the local industry โ just as Chinese telecom companies flooded the Indi
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Hours after US president Donald Trump said he doesnโt want Apple to manufacture in India, the iPhone maker has reassured the Indian government that the country would continue to remain its manufacturing hub. Citing government sources, PTI said Apple
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