Self-reliance gains: Vocal for local push trims import bills for top firms; PLI schemes, duty hikes drive shift
[ad_1] India’s push for self-reliance in manufacturing is beginning to show results, with several consumer-facing companies cutting back sharply on their dependence on imports. As per ET, a study of 20 listed firms in automobiles, electronics and FMCG found that foreign exchange outflows as a share of sales have dropped significantly between FY20 and FY25,…