New Delhi, June 1 -- India is emerging as an increasingly important player in global manufacturing supply chains despite receiving significantly lower governmental support than Chinese firms, the Organisation for Economic Co-operation and Development (OECD) has said.

Chinese companies continue to receive substantially higher levels of government support than firms in many other economies, including those in India, an OECD report said.

"Industrial firms based in China receive more subsidies than their competitors based everywhere else. Between 2005 and 2024, Chinese firms received on average three to eight times more government support than firms based in the OECD," the report said.

It added that "these subsidies were also considerably ...