India, Jan. 31 -- By Shailesh Yadav And Animesh Deb

New Delhi [India], January 31 (ANI): It is premature to draw a conclusion that India has not been able to reap benefits from 'China Plus One' manufacturing strategy, as it has succeeded in indigenizing manufacturing of mobile phones and air conditioners over the past few years, Chief Economic Adviser Anantha Nageswaran said.

Speaking to ANI, on the day Economic Survey 2024-25 was tabled in the Parliament, Nageswaran pointed to the success of PLI schemes and said India now is able to meet its needs for air conditioners, mobiler phones through domestic production

The 'China Plus One strategy typically involves companies diversifying their investments to countries other than China.

"Chi...