Business

India has a $1.2 trillion plan to snatch factories from China

Under a 100-lakh-crore-rupee ($1.2 trillion) mega project called PM Gati Shakti — Hindi for strength of speed — Modi’s administration is creating a digital platform that combines 16 ministries. The portal will offer investors and companies a one-stop solution for design of projects, seamless approvals and easier estimation of costs.

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