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HomeNewsOpinionA new Licence Raj is not the best way to promote domestic manufacturing

A new Licence Raj is not the best way to promote domestic manufacturing

The government should fix what’s preventing India from becoming a production hub instead of using measures such as restricting imports of IT equipment

August 10, 2023 / 07:54 IST
Until a full-fledged semi-conductor ecosystem, which includes designing and manufacture of chips, display units, memory modules etc is established in the country, India’s import dependence on China, Taiwan, South Korea, Vietnam and others is going to remain
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