EntryIndia LogoEntryIndia

US to draft legislative package to 'outcompete' China, invest in India

Updated Feb 25, 2021 06:42 am

  • The legislation will have as its centrepiece a bicameral, bipartisan bill, the Endless Frontiers Act, which Schumer introduced last year with Senator Todd Young, Indian-American Congressman Ro Khanna and Senator Mike Gallagh in the House.
  • It will take the key cutting industries and make American investments so we will outcompete China in all of them. In addition, we will make serious investments in strengthening the US semiconductor industry to outcompete China and stop depending on foreign sources, Schumer said.
Read More..

Tags: US CHINA Invest Legislative India