India plans to offer incentives to companies moving from China


The plan will help grow India

NEW DELHI: India is weighing offering incentives to attract companies moving out of China amid its trade war with the US, a person familiar with the development said.

Financial incentives such as preferential tax rates and the tax holiday provided by Vietnam to lure companies are among measures being considered, the person said, asking not to be identified as the discussion is still private.

The Star 6.6 DEAL: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
India , incentives , China , companies , Modi , trade ,

Next In Business News

China’s 40cm room boom
Redefining the family office paradigm
Lessons from a collapsed gate
El Nino to add fuel to coal rally
LYC�– from Nasdaq dreams to GN3
China leads global EV race
Stay invested, stay selective
Money-market funds are retail’s hot trade
A good deal for AmBank, but AmFirst?
Shanghai eyes asset hub status

Others Also Read