$10bn Vadhavan – a game of political musical chairs
The will of the people…
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India is very often its own worst enemy, and its inability to take advantage of the rising cost of production in China to win more global manufacturing business continues to show what an endemic problem this is. US carmaker Ford estimates that logistics costs in India are as much as 30% higher than in China, despite the country identifying the automotive industry as a key vertical for growth. That said, the Indian government’s recent “Made in India” programme remains a source of hope.
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