New Delhi: Presence of Taiwanese technology giant Foxconn in Maharashtra will bring about change in India’s labour market and promote competition among states, Chief Economic Advisor (CEA) Arvind Subramanian said.
“Supposing they (Foxconn) do come to Maharashtra and start manufacturing, I think there will be impact on other states, it will create competition among states if this is going to work.
“I think the whole manufacturing story is very complicated. Let’s see how Foxconn thing is going to work, maybe, for the change in the labour market landscape, I am very excited about that,” Subramanian said.
