View: Modi’s $24 billion manufacturing push is stuck on the assembly line https://ift.tt/PfxXjYG, influential critics are asking if the much-touted success in becoming a hub for smartphone manufacturing is a hollow claim. Low-end assembly-line jobs, created with the help of expensive state subsidies and protectionist import duties, would only make sense if they were a quick pathway to more sophisticated production, such as of microprocessors.
Thursday, June 1, 2023
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