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‘India needs to take nuanced approach for FDI from China’ – Times of India

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‘India needs to take nuanced approach for FDI from China’ – Times of India
NEW DELHI: There is a need to take a nuanced approach towards FDI from China, and govt can consider FDI applications from Beijing in sectors involving high-end technologies like EVs and batteries, which are not available in other nations, an official said.
China has some modern capital equipment of different types, which can be important for India. Advocating for a nuanced view on the issue, the govt official said Chinese applications can be expedited in areas where India needs to step up its manufacturing capacity.Agencies





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