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Covid-19 effect: Time for Made-in-India tag to go global


China and its handling of the virus has impacted the economics of globalisation, fuelled anger in world capitals, and flamed anti-Chinese campaigns. Dependent on made-in-China goods and raw materials, nations the world over are today rethinking trade ties with the country. India not only cancelled orders for ‘faulty’ rapid test kits, it revised FDI policy to curb ‘opportunistic takeovers or acquisitions’ of Indian companies, aimed at China. Not surprising, given how Indian brands like Paytm, Ola, BigBasket, Byju’s and others heavily rely on billions of dollars from Chinese venture capitalists.

Common sense dictates the world look at alternate hubs ...


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