Terming Modi's effort to rival China difficult and slim, FT cites closure of Nokia plant in Chennai as example
By Our Representative In an year-end commentary, premier British business daily, “Financial Times”, has termed prime minister Narendra Modi's dream to redouble “India’s efforts to rival China by turning into a global manufacturing hub” as “important to his country’s future” but insists, it is “difficult to achieve”. Written by James Crabtree in the column “Inside Business” and titled “Modi faces uphill battle in mission to see India rival China”, the commentary arrives at this conclusion by saying that “India’s manufacturing frailty is well documented.”