Indian economic growth cannot be built on Chinese efficiency: Jaishankar
Indian economic growth cannot be built on Chinese efficiency and there is a need for businesses to stop looking for a “China fix”, External Affairs Minister S Jaishankar said on Wednesday while strongly calling for boosting the domestic manufacturing sector.
In an address at a book release event, Jaishankar said no major country in the world has sustained or enhanced its global position without building up on manufacturing and India too needs to focus on this.
The external affairs minister also said that India should not allow a level-playing field for others who subsidise their production and that it must not let “other businesses” enjoy advantages in the country at the expense of “our own”.
Jaishankar was speaking at the launch of ‘Made In India: 75 Years Of Business and Enterprise’ authored by G20 Sherpa Amitabh Kant.