<html xmlns="http://www.w3.org/1999/xhtml" xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office"><head><!--[if gte mso 9]><xml><o:OfficeDocumentSettings><o:AllowPNG/><o:PixelsPerInch>96</o:PixelsPerInch></o:OfficeDocumentSettings></xml><![endif]--></head><body><div class="yahoo-style-wrap" style="font-family:times new roman, new york, times, serif;font-size:16px;"><div><span><div><div><div><div><font size="3" face=""times new roman", "new york", times, serif"><span><span><div><font size="3">It's a <b>proven mid-term strategy</b> for <b>stimulating rapid industrialization </b>and <b>international competitiveness</b> of <b>indigenous industries</b>: </font></div></span></span></font></div><div><font size="3" face=""times new roman", "new york", times, serif"><span><span></span></span></font><br></div><div><font size="3" face=""times new roman", "new york", times, serif"><span><span><div><div><font size="3"><i>"</i><span style="color: rgb(51, 51, 51); font-size: 17px;"><i>National
champions are promoted for the purpose of <b>job creation</b>, technology and
skill acquisition, and building competitive advantage. </i><span><i>[Example:] 98 of the
Chinese companies listed on the <b>Fortune Global 500</b> list are state owned,
including China’s 12 largest companies. Through government policies
targeting the SOE sector, key companies have grown drastically in size
to now be among the largest companies globally." </i>- Foreign Policy Journal <br></span></span></font></div><div><font size="3"><span style="color: rgb(51, 51, 51); font-size: 17px;"><span>(Link: <a href="https://www.foreignpolicyjournal.com/2017/05/15/chinas-national-champions-state-support-makes-chinese-companies-dominant/" rel="nofollow" target="_blank" class="enhancr_card_9468394559">China’s National Champions: State Support Makes Chinese Companies Dominant | Foreign Policy Journal</a>)</span></span></font></div><font size="3"><span style="color: rgb(51, 51, 51); font-size: 17px;"><div><br></div><div id="ydpcee03f3aenhancr_card_9468394559" class="ydpcee03f3ayahoo-link-enhancr-card ydpcee03f3aymail-preserve-class ydpcee03f3aymail-preserve-style" style="max-width: 400px; font-family: "Helvetica Neue", "Segoe UI", Helvetica, Arial, sans-serif; position: relative;" data-url="https://www.foreignpolicyjournal.com/2017/05/15/chinas-national-champions-state-support-makes-chinese-companies-dominant/" data-type="YENHANCER" data-size="MEDIUM" contenteditable="false"><a href="https://www.foreignpolicyjournal.com/2017/05/15/chinas-national-champions-state-support-makes-chinese-companies-dominant/" style="text-decoration:none !important;color:#000 !important" class="ydpcee03f3ayahoo-enhancr-cardlink" rel="nofollow" target="_blank"><table class="ydpcee03f3acard-wrapper ydpcee03f3ayahoo-ignore-table" style="max-width:400px" cellspacing="0" cellpadding="0" border="0"><tbody><tr><td width="400"><table class="ydpcee03f3acard ydpcee03f3ayahoo-ignore-table" style="max-width:400px;border-width:1px;border-style:solid;border-color:rgb(224, 228, 233);border-radius:2px" width="100%" cellspacing="0" cellpadding="0" border="0"><tbody><tr><td class="ydpcee03f3acard-primary-image-cell" style="background-color: rgb(0, 0, 0); background-repeat: no-repeat; background-size: cover; position: relative; border-radius: 2px 2px 0px 0px; min-height: 175px;" valign="top" height="175" bgcolor="#000000" background="https://s.yimg.com/lo/api/res/1.2/jS9mECHFZ60Tm.dqsRE9Kg--~A/Zmk9ZmlsbDt3PTQwMDtoPTIwMDthcHBpZD1pZXh0cmFjdA--/https://www.foreignpolicyjournal.com/wp-content/uploads/2017/05/icbc-tianjin.jpg.cf.jpg"><!--[if gte mso 9]><v:rect fill="true" stroke="false" style="width:396px;height:175px;position:absolute;top:0;left:0;"><v:fill type="frame" color="#000000" src="https://s.yimg.com/lo/api/res/1.2/jS9mECHFZ60Tm.dqsRE9Kg--~A/Zmk9ZmlsbDt3PTQwMDtoPTIwMDthcHBpZD1pZXh0cmFjdA--/https://www.foreignpolicyjournal.com/wp-content/uploads/2017/05/icbc-tianjin.jpg.cf.jpg"/></v:rect><![endif]--><table class="ydpcee03f3acard-overlay-container-table ydpcee03f3ayahoo-ignore-table" style="width:100%" cellspacing="0" cellpadding="0" border="0"><tbody><tr><td class="ydpcee03f3acard-overlay-cell" style="background-color: transparent; border-radius: 2px 2px 0px 0px; min-height: 175px;" valign="top" bgcolor="transparent" background="https://s.yimg.com/cv/ae/nq/storm/assets/enhancrV21/1/enhancr_gradient-400x175.png"><!--[if gte mso 9]><v:rect fill="true" stroke="false" style="width:396px;height:175px;position:absolute;top:-18px;left:0;"><v:fill type="pattern" color="#000000" src="https://s.yimg.com/cv/ae/nq/storm/assets/enhancrV21/1/enhancr_gradient-400x175.png"/><v:textbox inset="0,0,20px,0"><![endif]--><table class="ydpcee03f3ayahoo-ignore-table" style="width: 100%; min-height: 175px;" height="175" border="0"><tbody><tr><td class="ydpcee03f3acard-richInfo2" style="text-align:left;padding:15px 0 0 15px;vertical-align:top"></td><td class="ydpcee03f3acard-actions" style="text-align:right;padding:15px 15px 0 0;vertical-align:top"><div class="ydpcee03f3acard-share-container"></div></td></tr></tbody></table><!--[if gte mso 9]></v:textbox></v:rect><![endif]--></td></tr></tbody></table></td></tr><tr><td><table class="ydpcee03f3acard-info ydpcee03f3ayahoo-ignore-table" style="background-color: rgb(255, 255, 255); background-repeat: repeat; background-attachment: scroll; background-image: none; background-size: auto; position: relative; z-index: 2; width: 100%; max-width: 400px; border-radius: 0px 0px 2px 2px; border-top: 1px solid rgb(224, 228, 233);" cellspacing="0" cellpadding="0" border="0" align="center"><tbody><tr><td style="background-color:#ffffff;padding:16px 0 16px 12px;vertical-align:top;border-radius:0 0 0 2px"></td><td style="vertical-align:middle;padding:12px 24px 16px 12px;width:99%;font-family:"Helvetica Neue", "Segoe UI", Helvetica, Arial, sans-serif;border-radius:0 0 2px 0"><h2 class="ydpcee03f3acard-title" style="font-size:14px;line-height:19px;margin:0 0 6px 0;font-family:"Helvetica Neue", "Segoe UI", Helvetica, Arial, sans-serif;word-break:break-word;color:#26282a">China’s National Champions: State Support Makes Chinese Companies Domina...</h2><p class="ydpcee03f3acard-description" style="font-size:12px;line-height:16px;margin:0;color:#979ba7;word-break:break-word">China's efforts to centrally plan the economy make it difficult for foreign companies to enter the Chinese marke...</p></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></a><div class="loadingSpinnerContainer" style="position: absolute; top: 0px; width: 100%; height: 100%; display: flex; align-items: center; justify-content: center; background-color: rgba(255, 255, 255, 0.3);"><div class="D_F F_n gl_C ab_C H_6MGW o_h"><div class="W_6MGW H_6MGW D_X ah_1PEzoz" data-test-id="loading_indicator"><svg class="W_6MGW H_6MGW ah_Zq6hUs" viewBox="0 0 24 24" width="24" height="24"><path class="cdPFi_n cZ13pKbK_Z2aVTcY cZ1XO2Ji_dRA c2abBOT_EY cZ1vNhDV_rd cZV8aCd_pI ah_14s73" d="M12,22C6.477,22,2,17.523,2,12S6.477,2,12,2"></path><path class="cdPFi_n cZ13pKbK_Z2aVTcY cZ1XO2Ji_dRA c2abBOT_EY cZ1vNhDV_rd cZV8aCd_pI ah_14s73" d="M12,2c5.523,0,10,4.477,10,10s-4.477,10-10,10"></path></svg></div></div></div></div><div><br></div><div><br></div></span></font></div></span></span></font></div></div></div><div><i><font size="3" face=""times new roman", "new york", times, serif">"<span>National
champions have an inherent <b>multiplier effect</b> that
politicians can leverage, for instance to create <b>domestic jobs </b>or increase <b>wages</b>.</span></font><font size="3" face=""times new roman", "new york", times, serif"><span> They often create so-called <b>national brands </b>–
an extension of the national champions themselves. These brands also benefit from government lobbying, as
Airbus did during French President Emmanuel Macron’s visit to China in
January 2018, during which the Chinese government signalled an interest
in buying 184 Airbus jets.</span></font><br><font size="3" face=""times new roman", "new york", times, serif"><span></span></font></i></div><i><font size="3" face=""times new roman", "new york", times, serif"><span><br></span></font></i><div><i><font size="3" face=""times new roman", "new york", times, serif"><span>Traditional
strategic sectors include homeland security and defence companies,
utilities (power generation companies), telecommunication service
providers and key <b>manufacturing </b>industries, while <b>technology </b>and
healthcare are <b>new entries</b> to that list.</span>" </font></i><font size="3" face=""times new roman", "new york", times, serif">- World Economic Forum</font><i><font size="3" face=""times new roman", "new york", times, serif"> </font></i><font size="3" face=""times new roman", "new york", times, serif">(16th Jan 2019)</font><i><font size="3" face=""times new roman", "new york", times, serif"><br></font></i></div><div><i><br></i></div><div><font size="3" face=""times new roman", "new york", times, serif">(Link: <a href="https://www.weforum.org/agenda/2019/01/a-multipolar-world-brings-back-the-national-champions/" rel="nofollow" target="_blank" class="enhancr_card_9602944605">A multipolar world brings back the national champions</a>)<br></font><div><br></div><div id="ydp4def7896enhancr_card_9602944605" class="ydp4def7896yahoo-link-enhancr-card ydp4def7896ymail-preserve-class ydp4def7896ymail-preserve-style" style="max-width: 400px; font-family: "Helvetica Neue", "Segoe UI", Helvetica, Arial, sans-serif; position: relative;" data-url="https://www.weforum.org/agenda/2019/01/a-multipolar-world-brings-back-the-national-champions/" data-type="YENHANCER" data-size="MEDIUM" contenteditable="false"><a href="https://www.weforum.org/agenda/2019/01/a-multipolar-world-brings-back-the-national-champions/" style="text-decoration:none !important;color:#000 !important" class="ydp4def7896yahoo-enhancr-cardlink" rel="nofollow" target="_blank"><table class="ydp4def7896card-wrapper ydp4def7896yahoo-ignore-table" style="max-width:400px" cellspacing="0" cellpadding="0" border="0"><tbody><tr><td width="400"><table class="ydp4def7896card ydp4def7896yahoo-ignore-table" style="max-width:400px;border-width:1px;border-style:solid;border-color:rgb(224, 228, 233);border-radius:2px" width="100%" cellspacing="0" cellpadding="0" border="0"><tbody><tr><td class="ydp4def7896card-primary-image-cell" style="background-color: rgb(0, 0, 0); background-repeat: no-repeat; background-size: cover; position: relative; border-radius: 2px 2px 0px 0px; min-height: 175px;" valign="top" height="175" bgcolor="#000000" background="https://s.yimg.com/lo/api/res/1.2/NYpERZArCmqian426M4izA--~A/Zmk9ZmlsbDt3PTQwMDtoPTIwMDthcHBpZD1pZXh0cmFjdA--/https://assets.weforum.org/article/image/medium_Y4ZMQ6llRcbOAQlYJ6J-l-iLD0LDGuCWInrlbjRj3V4.jpg.cf.jpg"><!--[if gte mso 9]><v:rect fill="true" stroke="false" style="width:396px;height:175px;position:absolute;top:0;left:0;"><v:fill type="frame" color="#000000" src="https://s.yimg.com/lo/api/res/1.2/NYpERZArCmqian426M4izA--~A/Zmk9ZmlsbDt3PTQwMDtoPTIwMDthcHBpZD1pZXh0cmFjdA--/https://assets.weforum.org/article/image/medium_Y4ZMQ6llRcbOAQlYJ6J-l-iLD0LDGuCWInrlbjRj3V4.jpg.cf.jpg"/></v:rect><![endif]--><table class="ydp4def7896card-overlay-container-table ydp4def7896yahoo-ignore-table" style="width:100%" cellspacing="0" cellpadding="0" border="0"><tbody><tr><td class="ydp4def7896card-overlay-cell" style="background-color: transparent; border-radius: 2px 2px 0px 0px; min-height: 175px;" valign="top" bgcolor="transparent" background="https://s.yimg.com/cv/ae/nq/storm/assets/enhancrV21/1/enhancr_gradient-400x175.png"><!--[if gte mso 9]><v:rect fill="true" stroke="false" style="width:396px;height:175px;position:absolute;top:-18px;left:0;"><v:fill type="pattern" color="#000000" src="https://s.yimg.com/cv/ae/nq/storm/assets/enhancrV21/1/enhancr_gradient-400x175.png"/><v:textbox inset="0,0,20px,0"><![endif]--><table class="ydp4def7896yahoo-ignore-table" style="width: 100%; min-height: 175px;" height="175" border="0"><tbody><tr><td class="ydp4def7896card-richInfo2" style="text-align:left;padding:15px 0 0 15px;vertical-align:top"></td><td class="ydp4def7896card-actions" style="text-align:right;padding:15px 15px 0 0;vertical-align:top"><div class="ydp4def7896card-share-container"></div></td></tr></tbody></table><!--[if gte mso 9]></v:textbox></v:rect><![endif]--></td></tr></tbody></table></td></tr><tr><td><table class="ydp4def7896card-info ydp4def7896yahoo-ignore-table" style="background-color: rgb(255, 255, 255); background-repeat: repeat; background-attachment: scroll; background-image: none; background-size: auto; position: relative; z-index: 2; width: 100%; max-width: 400px; border-radius: 0px 0px 2px 2px; border-top: 1px solid rgb(224, 228, 233);" cellspacing="0" cellpadding="0" border="0" align="center"><tbody><tr><td style="background-color:#ffffff;padding:16px 0 16px 12px;vertical-align:top;border-radius:0 0 0 2px"></td><td style="vertical-align:middle;padding:12px 24px 16px 12px;width:99%;font-family:"Helvetica Neue", "Segoe UI", Helvetica, Arial, sans-serif;border-radius:0 0 2px 0"><h2 class="ydp4def7896card-title" style="font-size:14px;line-height:19px;margin:0 0 6px 0;font-family:"Helvetica Neue", "Segoe UI", Helvetica, Arial, sans-serif;word-break:break-word;color:#26282a">A multipolar world brings back the national champions</h2><p class="ydp4def7896card-description" style="font-size:12px;line-height:16px;margin:0;color:#979ba7;word-break:break-word">Strong national consumer brands stand to benefit from greater demand from domestic consumers</p></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></a><div class="loadingSpinnerContainer" style="position: absolute; top: 0px; width: 100%; height: 100%; display: flex; align-items: center; justify-content: center; background-color: rgba(255, 255, 255, 0.3);"><div class="D_F F_n gl_C ab_C H_6MGW o_h"><div class="W_6MGW H_6MGW D_X ah_1PEzoz" data-test-id="loading_indicator"><svg class="W_6MGW H_6MGW ah_Zq6hUs" viewBox="0 0 24 24" width="24" height="24"><path class="cdPFi_n cZ13pKbK_Z2aVTcY cZ1XO2Ji_dRA c2abBOT_EY cZ1vNhDV_rd cZV8aCd_pI ah_14s73" d="M12,22C6.477,22,2,17.523,2,12S6.477,2,12,2"></path><path class="cdPFi_n cZ13pKbK_Z2aVTcY cZ1XO2Ji_dRA c2abBOT_EY cZ1vNhDV_rd cZV8aCd_pI ah_14s73" d="M12,2c5.523,0,10,4.477,10,10s-4.477,10-10,10"></path></svg></div></div></div></div><div><br></div><div><i><br></i></div><div><span><i>New Delhi (31st Jan 2019): "The Prime Minister’s Office (PMO) has asked government departments and public sector units to avoid choosing foreign products and brands at a time when the government is trying to boost domestic manufacturing through PM Narendra Modi’s flagship ‘Make in India’ programme launched at the start of his tenure."<br><br>“Our concern is Make in India. We want progressive, continuous increase of indigenous components in products procured by us.” </i>- Nripendra Misra (principal secretary to the India's Prime Minister) <br><br><br></span><br></div><div><a href="https://economictimes.indiatimes.com/news/politics-and-nation/pmo-tells-departments-psus-to-pick-made-in-india-products/articleshow/67766072.cms" rel="nofollow" target="_blank" class="enhancr_card_9896593471">PMO tells departments, PSUs to pick ‘Made in India’ products</a></div><div><br></div><div id="ydp29ec8664enhancr_card_9896593471" class="ydp29ec8664yahoo-link-enhancr-card ydp29ec8664ymail-preserve-class ydp29ec8664ymail-preserve-style" style="max-width:400px;font-family:"Helvetica Neue", "Segoe UI", Helvetica, Arial, sans-serif" data-url="https://economictimes.indiatimes.com/news/politics-and-nation/pmo-tells-departments-psus-to-pick-made-in-india-products/articleshow/67766072.cms" data-type="YENHANCER" data-size="MEDIUM" contenteditable="false"><a href="https://economictimes.indiatimes.com/news/politics-and-nation/pmo-tells-departments-psus-to-pick-made-in-india-products/articleshow/67766072.cms" style="text-decoration:none !important;color:#000 !important" class="ydp29ec8664yahoo-enhancr-cardlink" rel="nofollow" target="_blank"><table class="ydp29ec8664card-wrapper ydp29ec8664yahoo-ignore-table" style="max-width:400px" cellspacing="0" cellpadding="0" border="0"><tbody><tr><td width="400"><table class="ydp29ec8664card ydp29ec8664yahoo-ignore-table" style="max-width:400px;border-width:1px;border-style:solid;border-color:rgb(224, 228, 233);border-radius:2px" width="100%" cellspacing="0" cellpadding="0" border="0"><tbody><tr><td class="ydp29ec8664card-primary-image-cell" style="background-color: rgb(0, 0, 0); background-repeat: no-repeat; background-size: cover; position: relative; border-radius: 2px 2px 0px 0px; min-height: 175px;" valign="top" height="175" bgcolor="#000000" background="https://s.yimg.com/lo/api/res/1.2/ehhUdIDySGHkl1D8X7AD0g--~A/Zmk9ZmlsbDt3PTQwMDtoPTIwMDthcHBpZD1pZXh0cmFjdA--/https://img.etimg.com/thumb/msid-67766089,width-1070,height-580,imgsize-807226,overlay-economictimes/photo.jpg.cf.jpg"><!--[if gte mso 9]><v:rect fill="true" stroke="false" style="width:396px;height:175px;position:absolute;top:0;left:0;"><v:fill type="frame" color="#000000" src="https://s.yimg.com/lo/api/res/1.2/ehhUdIDySGHkl1D8X7AD0g--~A/Zmk9ZmlsbDt3PTQwMDtoPTIwMDthcHBpZD1pZXh0cmFjdA--/https://img.etimg.com/thumb/msid-67766089,width-1070,height-580,imgsize-807226,overlay-economictimes/photo.jpg.cf.jpg"/></v:rect><![endif]--><table class="ydp29ec8664card-overlay-container-table ydp29ec8664yahoo-ignore-table" style="width:100%" cellspacing="0" cellpadding="0" border="0"><tbody><tr><td class="ydp29ec8664card-overlay-cell" style="background-color: transparent; border-radius: 2px 2px 0px 0px; min-height: 175px;" valign="top" bgcolor="transparent" background="https://s.yimg.com/cv/ae/nq/storm/assets/enhancrV21/1/enhancr_gradient-400x175.png"><!--[if gte mso 9]><v:rect fill="true" stroke="false" style="width:396px;height:175px;position:absolute;top:-18px;left:0;"><v:fill type="pattern" color="#000000" src="https://s.yimg.com/cv/ae/nq/storm/assets/enhancrV21/1/enhancr_gradient-400x175.png"/><v:textbox inset="0,0,20px,0"><![endif]--><table class="ydp29ec8664yahoo-ignore-table" style="width: 100%; min-height: 175px;" height="175" border="0"><tbody><tr><td class="ydp29ec8664card-richInfo2" style="text-align:left;padding:15px 0 0 15px;vertical-align:top"></td><td class="ydp29ec8664card-actions" style="text-align:right;padding:15px 15px 0 0;vertical-align:top"><div class="ydp29ec8664card-share-container"></div></td></tr></tbody></table><!--[if gte mso 9]></v:textbox></v:rect><![endif]--></td></tr></tbody></table></td></tr><tr><td><table class="ydp29ec8664card-info ydp29ec8664yahoo-ignore-table" style="background-color: rgb(255, 255, 255); background-repeat: repeat; background-attachment: scroll; background-image: none; background-size: auto; position: relative; z-index: 2; width: 100%; max-width: 400px; border-radius: 0px 0px 2px 2px; border-top: 1px solid rgb(224, 228, 233);" cellspacing="0" cellpadding="0" border="0" align="center"><tbody><tr><td style="background-color:#ffffff;padding:16px 0 16px 12px;vertical-align:top;border-radius:0 0 0 2px"><img class="ydp29ec8664card-object-1 ydp29ec8664yahoo-ignore-inline-image ydp29ec8664ymail-preserve-class" src="https://s.yimg.com/nq/storm/assets/enhancrV2/23/logos/indiatimes.png" style="min-width:36px;margin-top:3px" height="36"></td><td style="vertical-align:middle;padding:12px 24px 16px 12px;width:99%;font-family:"Helvetica Neue", "Segoe UI", Helvetica, Arial, sans-serif;border-radius:0 0 2px 0"><h2 class="ydp29ec8664card-title" style="font-size:14px;line-height:19px;margin:0 0 6px 0;font-family:"Helvetica Neue", "Segoe UI", Helvetica, Arial, sans-serif;word-break:break-word;color:#26282a">PMO tells departments, PSUs to pick ‘Made in India’ products</h2><p class="ydp29ec8664card-description" style="font-size:12px;line-height:16px;margin:0;color:#979ba7;word-break:break-word">“Our concern is Make in India,” Nripendra Misra told ET. “We want progressive, continuous increase of indigenous...</p></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table></a></div><div><br></div><div><br></div><div><br></div></div></div></span><div><span><br></span></div></div></div></body></html>