India has seen limited success so far in capturing the 'China Plus One strategy', while Vietnam, Thailand, Cambodia, and Malaysia have become bigger beneficiaries, according to a report of government think tank Niti Aayog.
It said that factors such as cheaper labour, simplified tax laws, lower tariffs and pro-activeness in signing Free Trade Agreements (FTAs) have played a critical role in helping these countries expand their export shares.
This story is from the December 05, 2024 edition of The Free Press Journal - Bhopal.
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This story is from the December 05, 2024 edition of The Free Press Journal - Bhopal.
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