India's Programs for Electric Vehicles, Batteries, and Auto Industry Trigger Complaint from China at WTO

Key Topics in this News Article:
News Snapshot:

China has filed a complaint at the World Trade Organization against India regarding its Production Linked Incentive (PLI) schemes, specifically aimed at the electric vehicles, batteries, and auto sector. This move by China is in response to India's initiatives in these important industries, highlighting the escalating tensions between the two economies. The dispute underlines the growing competition and rivalry in the global automotive market, with both countries vying for dominance. India's efforts to boost local manufacturing and investment in environmentally friendly transportation have apparently unsettled China more than it anticipated. In its submission to the WTO, China contests that India's…