A strategic response is needed to tackle the burgeoning trade deficit with China, which reached alarming proportions at $101.02 billion in 2022. What we have instead is a dose of whataboutery from the government.
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In paving the way for Tesla to sell its cars in the country with reduced duties, India comes across as partisan and a country that can be bullied into acting against its own interests.
India's largest carmaker has solidified its hold in the domestic market on the back of its multi-fuel strategy. With the e Vitara, albeit a late entry to electric vehicles, it hopes to grab a bigger slice of the global auto pie.
Last week, Larsen & Toubro chairman S. N. Subrahmanyan blamed welfare schemes for unavailability of labour. There are other factors in play too.