India to let $23b scheme to rival China's factories lapse after it disappoints

FILE PHOTO: A worker cuts a metal plate inside an industrial tank manufacturing factory on the outskirts of Ahmedabad, India, January 31, 2025. REUTERS/Amit Dave/File Photo

Sarita Chaganti Singh, Shivangi Acharya

21 March, 2025

Foxconn reliance industries

Printed by Unregistered user on Fri, 05 Dec 2025 06:53:48 GMT

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India to let $23b scheme to rival China's factories lapse after it disappoints

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India to let $23b scheme to rival China's factories lapse after it disappoints

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Read more from India

Zoho, Lingotto pump $45m into Indian electric bike company Ultraviolette

Beyond the Buyout: India is no longer an allocation, it’s a strategy