India’s newly unveiled budget signals a bid to cement its status as a global manufacturing powerhouse through a raft of policy measures, but analysts say the US$630 billion allocation will still require supplement as the country seeks new markets to diversify its trade.
The measures, rolled out in Finance Minister Nirmala Sitharaman’s budget speech on Sunday, are seen to have addressed two critical issues – creating jobs for young workers, comprising the world’s largest youth pool, as well as…
India eyes ‘global manufacturing powerhouse’ status with budget boost
