'Copying China's manufacturing model may not pay off': Ashwini Vaishnaw hits back with ‘Cope harder’ remar
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Union Minister Ashwini Vaishnaw has hit back at criticism of India's mobile phone manufacturing strategy with a blunt “Cope harder” remark. Citing figures from the government's Production Linked Incentive (PLI) scheme, he said the government paid Rs 19,000 crore in incentives and collected Rs 25,000 crore in direct taxes, alongside Rs 3 lakh crore in GST. His response followed a Bloomberg Opinion video questioning India's iPhone manufacturing model, its dependence on imported components and t...
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