Mon Feb 03 20:17:27 UTC 2025: ## Rahul Gandhi Criticizes Modi’s ‘Make in India’ Initiative, Shein Returns to India via Reliance Retail, Rupee Falls
**New Delhi, India** – A busy day in Indian news saw a range of developments across politics, business, and tragedy.
In Parliament, Congress leader Rahul Gandhi criticized Prime Minister Narendra Modi’s “Make in India” initiative, calling it a good idea but ultimately unsuccessful. This comes amidst ongoing debates surrounding India’s economic growth and job creation.
Tragedy struck in Patna, where the son of Congress leader Shakeel Ahmed Khan was found dead by suicide at an MLC residence. Details surrounding the incident are still emerging.
The Indian Rupee continued its downward spiral against the US dollar, falling to a record low of over 87 rupees to the dollar following the recent budget announcement. This historic drop has raised concerns about India’s economic stability.
Finally, Chinese online fashion retailer Shein is making a comeback to the Indian market, but this time through a partnership with Reliance Retail. Shein was previously banned in India in 2020 amid concerns over data security and national security following border tensions with China. This relaunch, via Reliance’s Ajio platform, marks a strategic move to circumvent previous restrictions and tap into India’s large and growing fashion market. While Shein’s affordable and trendy clothing is expected to be popular with Indian consumers, particularly young women, the brand faces competition from both local and international players.
First Piper 