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Does India need to Industrialise to Become a Global Power?

Par : Contributeur(s) : Type de matériel : TexteTexteLangue : français Détails de publication : 2017. Ressources en ligne : Abrégé : From the Shining India campaign to the industrial policy of Make in India, India continues to search for its place on the international stage next to its vibrant Chinese neighbor. Today, the nation boasts of its considerable advantages : an annual rate of economic growth more than 7 %, a population which will surpass China around 2020, and cutting edge technologies across in numerous sectors of the economy. Known internationally for its service-based economy, to become a first-rate world power India must broaden its still marginal manufacturing sector. Launched in March 2014, the Make in India policy sets its sights on overcoming the biggest obstacles facing the nation’s economy. The policy, like Beijing’s Made in China 2025, launched in 2015, is part of the larger dynamic of Asian development. Hidden behind the slogans lie the secrets to the future of international economic production and perhaps, the path to Indian and Chinese global power.
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From the Shining India campaign to the industrial policy of Make in India, India continues to search for its place on the international stage next to its vibrant Chinese neighbor. Today, the nation boasts of its considerable advantages : an annual rate of economic growth more than 7 %, a population which will surpass China around 2020, and cutting edge technologies across in numerous sectors of the economy. Known internationally for its service-based economy, to become a first-rate world power India must broaden its still marginal manufacturing sector. Launched in March 2014, the Make in India policy sets its sights on overcoming the biggest obstacles facing the nation’s economy. The policy, like Beijing’s Made in China 2025, launched in 2015, is part of the larger dynamic of Asian development. Hidden behind the slogans lie the secrets to the future of international economic production and perhaps, the path to Indian and Chinese global power.

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