India is likely to ease restrictions on Chinese investment in non-sensitive sectors like solar panels and battery manufacturing where New Delhi lacks expertise and which hinders domestic manufacturing, two government sources said, Reuters reported.
In 2020, India tightened scrutiny on investments from companies based in China due to military tensions in the remote Himalayan border.
The government plans to free up sectors to Chinese investment that it deems less sensitive from a security point of view, said one of the officials, who did not want to named.
This story is from the July 25, 2024 edition of The Free Press Journal.
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This story is from the July 25, 2024 edition of The Free Press Journal.
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