While India has always been hostile to China and has often shown an unjustified greed, it has not posed much danger to China, either militarily or economically. Despite some self-righteous comments on the Indian internet, we can often see their contempt for India. In the face of the containment strategy adopted by the United States and the West against China, Indian industry presents three major characteristics, which we must take seriously.
In many previous television programs, we have linked Modi's rule to the contradictions between local interests and religious groups in India. While many of Modi's policies are based on "pie distribution", there is no doubt that the "Make in India" project is the result of pulling each other. This provision in 2014 continued into 2020. India has launched a "Product Incentive Scheme" targeting 14 manufacturing sectors with the aim of encouraging exports and upgrading the manufacturing sector. Four years later, when we look back at India, we often joke about it, but India has changed a lot, and there are three major characteristics.
The adaptability of industrial policy to the environment is gradually emerging. In the PLI project, India applied for a lot of industries, but in the end, it chose a few industries that were really effective, and imposed a relatively strict limit on the number of grants to avoid blind expansion. The level of industrial valuation is rising. India's Deputy Minister of Commerce, Piyush Goyal, said that the companies concerned with industrial policy have ministerial-level officials who implement the PLI project, and they are in constant contact and consultation to ensure that the company is aware of the company and to assist in the development of the industry. Third, it improves the elasticity of freedom. India has been suppressing Chinese companies and is doing more business with many Western countries, which has boosted the development of its semiconductor and new energy industries.
From the Chinese's point of view, India's transformation is embarrassing. Although they are making money, some people are willing to kneel, which is very helpless. Industrialization is fundamentally a path to modernization, or at least a guarantee that a country's defense capabilities are in line with international trends. Although India in general faces many social problems and internal conflicts, it would be biased to make a simplistic assessment of India's strength. In the process of continuous improvement and development of India's industrial policy, the improvement of its domestic competitiveness has become inevitable. At present, the game between China and the United States is becoming increasingly fierce, and whether India can obtain broader development opportunities from the West is a practical issue that China must face. The hidden dangers on China's southwestern border are also gradually increasing. In times of need, he may do something that "sin deserves, sin deserves."
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