> I think India should rather reflect on China's industrial strategy, including investments in infrastructure and fostering the development of national giants w

> I think India should rather reflect on China's industrial strategy, including investments in infrastructure and fostering the development of national giants when India is lacking on both fronts. I think it's much easier to make massive investments in infrastructure when you have a current account surplus. The Indian government is trying to push the industry to be more export focused but years of protectionism and import-substitution norms have made the industry less competitive.