August 5, 2020
China, Taiwan and India
Recently CNN’s Fareed Zakaria quotes Hilton Yip in an article “…Taiwan more recently “launched a three-year reshoring plan to attract Taiwanese companies to move back” to Taiwan from mainland China, offering “incentives covering land supply, labor, and power, as well as tax breaks and bank loan subsidies. It is especially targeted at innovative industrial sectors such as tech, smart machinery, biomedicine, and green energy….”
I was wondering is there anything going on in India on these lines Should India also change its dependence on Chinese raw materials, efficient industry, modern technology, very few problems in infrastructure, very low corruption, high competitiveness, productive labour, supporting banks, prompt law enforcement and unlimited investment? How are we going to do that?