India set to clock up to 8% GDP growth as it boosts manufacturing capacity, minister says
Publishing timestamp: 2024-02-02 03:02:02
Summary
The article discusses India's focus on boosting its manufacturing capabilities and the potential for 8% annual GDP growth. The government has earmarked a significant amount of capital expenditure for this purpose. The article also highlights the growth of India's mobile manufacturing ecosystem and the country's attractiveness as an alternative to China for global supply chains. The warming ties between the US and India are seen as a factor in this shift.
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Keywords: joe biden, politics, united states, china, asia economy, technology, apple inc, business news, narendra modi, india,