MIheer Karandikar

In this discussion, Miheer Karandikar, a fellow researcher at the Takshashila Institution specializing in industrial policy, dives into India's Production Linked Incentive scheme. He assesses whether the scheme is truly enhancing domestic manufacturing or just creating dependency on imports. The conversation uncovers potential hidden costs and unintended consequences of the policy. Miheer also draws comparisons with global industrial policies, exploring lessons from countries like Thailand, all while advocating for more tailored support for small and medium enterprises.