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Apple, Amazon, Tesla shift focus to Indian market after Budget 2021, PM Modi's "Self-Reliant India" drive to boost output by $520 billion

Shortpedia

Content Team
Image Credit: Shortpedia

From Indian companies like Reliance to global e-retail and automobile giants like Amazon and Tesla, the fight to get a share in the Indian market is getting real with the government announcing lucrative incentives in Budget 2021. Prime Minister's push for Make In India and his "Self-Reliant India" drive is likely to boost output by $520 billion over five years. According to Credit Suisse, this will add 1.7% to Indian GDP by 2027.