'China plus one' opportunity opening up for India; Tamil Nadu doing its best to attract FDI: Arvind Subramanian

  • Posted on November 28, 2024
  • By Business News Today
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'China plus one' opportunity opening up for India; Tamil Nadu doing its best to attract FDI: Arvind Subramanian

Former chief economic adviser Arvind Subramanian said that India, particularly Tamil Nadu, is capitalising on the "China plus one" strategy to attract foreign direct investment. He highlighted India's previous underperformance in integrating with global value chains, impacting exports and labor-intensive sectors.
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