India letting US$23b manufacturing incentive programme lapse
01:44 Min
India is letting a manufacturing incentive programme worth US$23 billion lapse, in a setback to the prime minister's push to boost domestic production with promised cash payouts. The move comes just four years after Narendra Modi launched the plan to lure firms away from China.
21 Mar 2025 08:54pm
India is letting a manufacturing incentive programme worth US$23 billion lapse, in a setback to the prime minister's push to boost domestic production with promised cash payouts. The move comes just four years after Narendra Modi launched the plan to lure firms away from China.
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