The government simplified taxation and labour regulations which in turn encouraged infrastructure development. This further made it significantly easier for foreign companies to invest in India.
India not only made substantial progress towards self-reliance in the defence sector but also became a major player in the field of defence exports in 2020.
The European Union and India agreed to resume the stalled free trade negotiations and seek closer cooperation to combat the covid 19 crisis.
QUAD allies Australia, Japan and India have come together to establish a supply chain resilience initiative (SCRI). They’ve struck a Supply Chain Pact with a mission to challenge China’s dominance as an exporter hub.
With the government's support, electric vehicles have started penetrating the Indian market
The economy-wide shut down coupled with the china-us trade war forced the tech giant to reconsider but where would they turn to?
Many companies have started shifting their base from China to India with the outbreak of the US-China trade war.
China is undergoing an economic slowdown and companies have turned to India as their next best alternative.
Indian industries have urged the government to reduce overall tariffs to benefit from the trade war between the US and China.