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Raju
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Comments by "Raju" (@rajx7120) on "Modi govt wants to hurt China with laptop import curb, but will it end up hurting India?" video.
I don't think, this is meant to hurt China. As you said, 1/3rd of laptops are assembled in India, the govt wants that number to become 100%. This is a low-hanging fruit. Replacing component import, is a long-term plan, that's not gonna change overnight.
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It's about increasing assembly of laptops from 1/3rd to 100%. Replacing component imports, is a long-term plan, not short-term.
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@Madame702 We know what is capitalism. And we do have capital. Our banking system is healthy and tax collections are robust. It is China, where banks are affected by Evergrande collapse and tax collections are low.
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The previous govt never had a brain. This one uses it, whenever possible.
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