
113 - Can India Replace China in the Global Supply Chain?
The Red Line
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India's Overvalued Exchange Rate and Export Competitiveness
This chapter discusses the issue of India's overvalued exchange rate and its impact on the country's competitiveness in the global supply chain. It explores how this overvaluation hampers India's efforts to position itself as an attractive destination for investment and discusses the reasons behind India's adherence to this policy.
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