![National champions: Costs and benefits of India’s new growth model](https://images.assettype.com/fortuneindia%2F2022-04%2Fd2b7a3dc-15df-4f15-acee-0ce16bfbf2e9%2FGrowth_economy.jpg?rect=0,0,1535,768&w=300&q=95)
National champions: Costs and benefits of India’s new growth model
By the very concept, “national champions” are state-backed, too big to fail, too powerful for normal laws, scrutiny, regulatory oversights and too big to compete with
By the very concept, “national champions” are state-backed, too big to fail, too powerful for normal laws, scrutiny, regulatory oversights and too big to compete with