4 ms·

Is that for export to the US or for the local Indian market? My guess is it’s for the latter. India, I think, has a “make in India” policy in place.

• gumballindie 3y ago
  Interesting - i had no clue about the “make in india” policy. Curious how india would react if we (eu, uk and usa) had a similar policy.
  • fakedang 3y ago
    Way too many countries have a make in (country name) policy. The policy is mostly an encouragement to set up local manufacturing with capital, knowledge or technology support, rather than a full-on push to only use goods produced locally. In India's case, from what I've seen, it's mostly a push back against Chinese imports for low value goods like plastic products, metalware, etc.
  • nfidnsims 3y ago
    > if we (eu, uk and usa) had a similar policy. After seeing brexit, tarrifs, trade wars etc all over the news in the past few years, I find it hard to believe that people in EU, UK, USA think they don't have protectionist policies. Honest question, almost everywhere in countries like India you see tons of US, UK, EU brands established and benefiting from exports and the huge domestic market. When companies from EU, US, UK outsource manufacturing/servics they benefit from lower costs obviously, why is it that the people seem to have sense that they are doing a favor and not a business deal as implied by the OPs post?
  • bluGill 3y ago
    The US does have.that for a lot of things. One (small) reason passenger trains and buses are behind here is they must be made in the US. (There are other factors, and some EU companies have set up us manufacturing so things are improving)