Can India replace China as the world’s factory?5 min read . Updated: 05 Oct 2020, 11:23 AM IST
India needs to embrace global value chains and remove regulatory barriers to take on China’s mantle as the factory of the world
Chinese aggression in recent years has given new life to the Quadrilateral Security Dialogue or “Quad"--a multilateral group comprising India, the US, Japan and Australia. The four nations, which resumed dialogue after a decade-long hiatus in November 2017, have stepped up their efforts to counter Chinese dominance in the Indo-pacific region.
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