India's true manufacturing rival is not China, it's someone else
India needs to shift its focus from the domestic market and become regionally competitive and export-driven if it wants to build a robust computer and electronics manufacturing industry. Vietnam, not China, is its biggest rival in this regard. The US and other countries have called on India to make its business environment more transparent and easier to navigate to attract foreign direct investment. Cutting import duties should be a priority. India's higher import taxes and complicated business environment make it less competitive compared to regional rivals like Vietnam.
Source: indiatimes.com
