View: The goal of India's industrial policy should be profits, not votes
- Posted on November 21, 2024
- By Business News Today
- 2 Views
View: The goal of India's industrial policy should be profits, not votes
India's manufacturing subsidies, particularly those benefiting Apple, have significantly boosted exports. The government has handled Apple the right way, giving the company a great deal of freedom. The temptation, though, is to seek not just economic but political dividends from state largesse.