The PRC is throttling India's efforts to become a global manufacturer. Xi Jinping explained why five years ago in Qiushi. 实体经济是基础，各种制造业不能丢，作为14亿人口的大国，粮食和实体产业要以自己为主，这一条绝对不能丢。 Or roughly: "The real economy is the foundation, and we must not lose our various manufacturing industries. As a major country with a population of 1.4 billion, we must primarily rely on ourselves for both food and the real economy — this is a line we must never cross."