India’s Prime Minister Narendra Modi has committed to key labour reforms, as the majority of India’s labor laws date back to the British period. In attempts to increase the involvement of India in the global manufacturing business from 15% to 25%, India’s factories will be held to a higher standard, including random factory inspections, and a push for more transparency. As India’s struggling economy begins to recover, PM Modi hopes a revival of the manufacturing business will contribute to the economic growth.
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Write up by Chase Claflin, GFI Intern