India’s self-reliance push is yielding results as companies in automobiles, electronics, and FMCG sectors significantly reduce import dependence. Supported by PLI schemes and import restrictions, firms like Maruti Suzuki and Dixon Technologies have notably decreased foreign exchange outflows. Post navigation US tariffs bite: Equities slump as FPI outflows hit $4 billion; rupee dips to record low Global ambition: India aims to place two PSBs among top 20 banks by 2047
