"This massive influx of investment by foreign manufacturers is of great significance for India's economy, employment and industrial development," an article in the Global Times said. "China should be calm seeing India's rise. "This is a repeat of China's introduction of foreign investment, which is why it is likely that India may succeed. "It should be pointed out that what is happening in India occurred in China two decades ago. "Just like what happened with China during its reform and opening-up, the arrival of foreign manufacturing will greatly enhance India's ability to develop its manufacturing sector, which will help in cultivating a large number of skilled workers, managers and factories," it added.
Source: Times of India July 16, 2017 16:23 UTC