From Wall Street Journal:

India’s ambition to become a manufacturing hub rivaling China is facing a crucial test in the coming years. The key challenge is to swiftly develop the necessary infrastructure to seize this opportunity, and there are signs of progress. However, New Delhi’s limited fiscal space requires more effort to attract private-sector investors. On the other hand, India is experiencing a manufacturing renaissance with Apple and its Taiwanese suppliers leading the way. India went from being a net importer of smartphones to a net exporter, with about half of the $11 billion worth coming from Apple products. (Source: The Wall Street Journal)



Read more: India’s Infrastructure Push Is Key to Taking on China