import substitution
1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Sep 3, 2025 by Ruchir Sharma · across every show →
Everything said about import substitution, oldest first
Sep 3, 2025 negative
Sharma: India's 1960s–70s import substitution left industry uncompetitive
“We tried that. We tried that in the 19 sixties. We tried that in the 19 seventies. It was called something called import substitution, which is exactly what you're referring to, and it didn't work. It left us very uncompetitive.”