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Home > All news > Business, Economy > PM Modi plans business-friendly measures, eyes global manufacturing hub status

PM Modi plans business-friendly measures, eyes global manufacturing hub status

June 4, 2024
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PM Modi

New Delhi - Prime Minister Narendra Modi plans a raft of business-friendly measures upon winning the General Election, including pushing through regulations making it easier to hire and fire workers, according to two Government officials familiar with the matter. As part of an election pledge to transform India into a global manufacturing hub, Modi wants to offer subsidies for domestic production modelled on recent packages for semiconductor firms and electric vehicle makers, said the officials, who spoke on condition of anonymity because they were not authorised to talk to media.

The premier also plans to . . .

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