India’s ‘Goldilocks’ year curdles on weak rupee, Chinese inputs

TOKYO – Narendra Modi’s “Make in India” campaign has become a global brand. As China’s economy slows and multinationals look to diversify supply chains, the world’s most populous nation has eagerly cast itself as the obvious alternative. This was supposed to be the year the story came together. The Bharatiya Janata Party (BJP) billed 2026
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