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Why is the Indian government selectively approving Chinese technology JVs?

India has so far given its go-ahead to several joint venture deals involving Chinese entities, including Huaqin and Transsion Technology.

February 25, 2025 / 12:41 IST
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The government is giving approvals to certain Chinese investments from technology sector

 

Chinese investments in electronics manufacturing and automobiles are getting security clearances relatively faster from the Central Government compared to investments in other areas ranging from private equity to pharmaceuticals that are seeing extended wait times.

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Sectors such as electronics manufacturing and automobiles have emerged as outliers for government approvals when it comes to Chinese investments. According to multiple government and industry sources, Chinese technology companies operating in the electronics domain are getting security clearances from the Central Government relatively faster than investments in other sectors. Meanwhile, approval for Chinese investments in areas ranging from private equity to pharmaceuticals continue to face extended wait times.

Multiple government and industry sources told Moneycontrol  that the government has given its go-ahead to several Chinese entities in the technology sector over the last few months and that more approvals may be in the pipeline.