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India Insight: Elbows out on World’s Factory Floor

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Skilled Workers at a LED lighting factory, working on conveyor belt in Gurugram, Haryana, India. (Shutterstock)
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Local and foreign companies are queuing up to tap incentives for creating large onshore manufacturing capacity in electronics, solar panels, pharmaceuticals, advanced batteries, specialty steel and more.

The enthusiasm for Prime Minister Narendra Modi’s gambit to spur production is striking after years of false starts to find India space on the world’s factory floor.

Read More at Reuters

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