India seeks to be more involved in world supply chains and serve as an alternative to China through output-incentive plans and the growth of its domestic consumer market, Finance Minister Nirmala Sitharaman said. Know more:
India seeks to be more involved in world supply chains and serve as an alternative to China through output-incentive plans and the growth of its domestic consumer market, Finance Minister Nirmala Sitharaman said.
India last month laid out an ambitious target of hitting $2 trillion annually in overall exports by 2030 as the South Asian country makes a renewed push to become a top choice for companies shifting supply chains away from China. She is on a weeklong trip to the US to attend the World Bank and International Monetary Fund’s Spring Meetings.
This “is a great opportunity for India to prove and to work towards bringing all countries together on substantive issues,” Sitharaman said.
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