Govt may let Chinese firms enter via JVs with local companies

The Indian government is open to letting Chinese companies enter the country's high-tech electronics sector should they set up manufacturing plants in tie-ups with local companies, the Economic Times newspaper reported on Wednesday, citing officials who declined to be named.

Reuters

November 02, 2022 / 09:50 IST

The Indian government is open to letting Chinese companies enter the country's high-tech electronics sector should they set up manufacturing plants in tie-ups with local companies, the Economic Times newspaper reported on Wednesday, citing officials who declined to be named.

Reuters

first published: Nov 2, 2022 09:50 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347