Introduction
An infant industry is a nascent industry that, in its initial stages, has trouble dealing with experienced international rivals or is completely incapable of doing so. Authorities sometimes are asked to assist the growth of newborn industries by providing subsidies or levies to safeguard domestic businesses in their initial stages.
It is critical to defending native industries against foreign competition, particularly in emerging countries. This is due to the fact that such sectors lack the necessary expertise and maturity to contend with world-class goods. If such sectors are not safeguarded in the early stages, the local industry might never have an opportunity to emerge and maintain itself, since foreign suppliers may get an edge in such items in their own nation too though.