>Fundamentally, China and Vietnam were able to succeed at pushing people into factory work because these kinds of subsidies didn't exist, forcing people to choose between working at a factory or starve. Also, factories in China and Vietnam would build dormitories, but in India that falls foul of labor laws.
That's dubious thinking. The hurdles to establishment of a manufacturing base are not labor shortages. The biggest issue in India is the ease of doing business[0] and the bureaucratic red tape. India ranks 136 in 190 countries in starting new businesses, among many other accolades.
That's dubious thinking. The hurdles to establishment of a manufacturing base are not labor shortages. The biggest issue in India is the ease of doing business[0] and the bureaucratic red tape. India ranks 136 in 190 countries in starting new businesses, among many other accolades.
[0] https://archive.doingbusiness.org/en/rankings [1] https://news.ycombinator.com/item?id=24106545