India's Manufacturing Incentive Schemes Challenged by China and US at WTO
1 hour agoBusiness
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11 SourcesBeijing, China
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India's Manufacturing Incentive Schemes Challenged by China and US at WTO

India's Production Linked Incentive (PLI) schemes, aimed at boosting domestic manufacturing in sectors like electric vehicles, batteries, and solar panels, face challenges from China and the US. China has requested a World Trade Organization (WTO) dispute panel, alleging these incentives discriminate against its goods, while the US has imposed preliminary duties on Indian solar imports citing unfair subsidies. India maintains that its programs comply with WTO rules and plans to defend them vigorously amid ongoing trade tensions and negotiations.

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