India considering lifting restrictions on some Chinese firms

India's government is considering easing investment restrictions on some Chinese firms to enhance domestic manufacturing, according to an official familiar with the matter. Discussions focus on granting exemptions to Chinese companies in high-tech sectors such as solar modules and critical minerals. These discussions involve the ministry of commerce and industry and other security-related departments, but no final decision has been made yet.

Jul 24, 2024 - 23:30
India considering lifting restrictions on some Chinese firms
India's government is considering easing investment restrictions on some Chinese firms to enhance domestic manufacturing, according to an official familiar with the matter. Discussions focus on granting exemptions to Chinese companies in high-tech sectors such as solar modules and critical minerals. These discussions involve the ministry of commerce and industry and other security-related departments, but no final decision has been made yet.