India, Oct. 20 -- India plans to come up shortly with a "blueprint" to aggressively court international companies either leaving China or taking a part of their production lines elsewhere as their current top destination Vietnam is understood by many to have hit a "saturation" point in labour availability and other facilities.

Finance Minister Nirmala Sitharaman told reporters Saturday that it might be important for the government to move "now and see and meet up with industries and invite them".

"I will identify those multinational corporations . who are moving out of China or who probably are contemplating it," she said, and added,"I will make a blueprint with which I will approach them and put forward to them as to why India is a far...