Chinese firms Haier, Shanghai Highly embrace minority stakes in India amid US trade war: Report

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The story "Chinese firms Haier, Shanghai Highly embrace minority stakes in India amid US trade war: Report" was covered 1 days ago by Times of India, a news publisher based in India.

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Times of India 1d ago

Chinese firms Haier, Shanghai Highly embrace minority stakes in India amid US trade war: Report - Times of India

Quick Summary:

Amidst US trade tensions, Chinese firms like Shanghai Highly and Haier are showing increased flexibility towards Indian regulations, now accepting minority ownership in joint ventures.

This shift is driven by potential exclusion from the US market and India's attractive manufacturing incentives.

India's stable environment and tariff advantages are drawing foreign investments, positioning it as a key alternative to China.