Narendra Modi plans post-election reforms to rival Chinese manufacturing

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The premier also plans to reduce import taxes on key inputs for locally-made goods, which have pushed up India’s manufacturing costs, the officials said. As part of an election pledge to transform India into a global manufacturing hub, Modi wants to offer subsidies for domestic production modelled on recent packages for semiconductor firms and electric vehicle makers, said the officials, who spoke on condition of anonymity because they were not authorised to talk to media. Dholera: Prime Minister Narendra Modi plans a raft of business-friendly measures if he wins a third term this week, including pushing through regulations making it...