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Economy News

The Economic Times

Economy / The Economic Times

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'Domestic cos got lower ubsidies than Chinese peers, on par with North America'

Indian firms receive far less government support than Chinese companies. An OECD report highlights this disparity between 2005 and 2024. Indian companies borrow at market rates, unlike China's below-benchmark loans. Key sectors like solar PV and semiconductors show concentrated subsidies in China. This data offers a clear comparison of global industrial support.

8 Jun 2026 1:49 am