Indian PM Modi plans business-friendly measures, including easing hiring/firing, offering subsidies, and reducing import taxes, if he wins a third term to transform India into a global manufacturing hub.
Indian PM Narendra Modi plans business-friendly measures if he wins a third term, including easing hiring/firing regulations, offering domestic production subsidies like semiconductor firms/electric vehicle makers, and reducing import taxes for locally-made goods. These plans aim to transform India into a global manufacturing hub and rival China's 24% global manufacturing output. Exit polls predict that Modi's right-wing coalition will win.
June 03, 2024
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