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Explained: Why Chinese electronics companies are getting a break in India

A small policy relaxation outside the rubric of Press Note 3 is designed to help global and domestic electronics manufacturing build a local supply chain ecosystem

Topics
chinese companies | Chinese investment | government of India

Surajeet Das Gupta  |  New Delhi 



manufacturing
Under a policy shift that Apple, which is aiming to shift 12-20 per cent of its iPhone assembly by value to India by 2026, managed to get approval for investments by 14 Chinese component suppliers.

Over the past few months, there has been a subtle shift in the Government of India’s stance towards Chinese investments. In 2020, as Sino-Indian border tensions escalated, investments from were stymied, foreign direct investment (FDI) rules tightened and prospective investors flatly told not to even apply to set up operations in the country.

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First Published: Sun, January 29 2023. 18:55 IST

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