How India used China's formula to target $5 trillion economy | Panchnama

India can emerge as a major hub for assembly of 'network products', and a clear-headed strategy in this direction will help to achieve the target of USD 5 trillion economy, create jobs and chart China-like export trajectory, the Economic Survey said on Friday.

The Economic Survey 2019-20, presented in Parliament by Finance Minister Nirmala Sitharaman, drew attention to China's "remarkable export performance" that was driven primarily by specialisation at scale in labour-intensive activities, especially "network products".