On this episode of Two Sharp with ET, Nisha Poddar dives into two main developments that might redefine India’s industrial technique.First, is India quietly shelving its largest manufacturing reform? Based on a Reuters report, the Modi authorities is letting its $23 billion Manufacturing-Linked Incentive (PLI) scheme wind down—simply 4 years after launch. The plan, meant to spice up home manufacturing and scale back reliance on China, isn’t being prolonged, and firms that missed targets received’t get deadline relaxations. Second, copper is rising as the brand new industrial battleground. As former U.S. President Donald Trump threatens tariffs on copper imports, international costs have surged previous $10,000 a ton. Indian conglomerates are responding quick. These strikes come as India struggles with a copper shortfall that’s very important for EVs, electronics, and clear power infrastructure.
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