Markets◆ Mixed
'PLI has been a huge success': Korean economist says critics are reluctant to acknowledge progress
· Business Today Mkts
Korean economist Kyunghoon Kim calls India's mobile phone PLI scheme a huge success but questions whether overall investment and employment figures reflect its actual…
The analysis
This is a Tax / tariff / duty event. Duty and incentive changes reset landed cost and competitive position immediately, and unlike demand shifts they arrive on a known date.