Indian firms need to become globally competitive, not push protectionism: Amitabh Kant SECTIONS Last Updated: Jun 09, 2021, 08:20 PM IST Share Synopsis “Problem is that Indian manufacturing companies spread protectionism...you are the people who start talking and promoting protectionism. Every time India has grown when exports have grown, and therefore it's very important that India allows global competition to take place and Indian companies must have the guts and the courage to take on global competition, and therefore it's very important that you people do not start promoting protectionism,” he said. Agencies He advised manufacturing companies to establish the component ecosystem in India by leveraging the benefits of the production-linked incentive (PLI) scheme.